5G
or fifth generation is an imminent standard for mobile telecommunications
service to facilitate guarantees to be much faster than today's 4G technology.
It is an inclusive wireless communication. It supports effective private
network. It can facilitate real-time database access, remote medical
assistance, video imagery surveillance and remote monitoring for safer living. It
is classified as Subscriber Identity Module (SIM) machine-to- machine (M2M)
cellular connections and SIM cellular connections. Both are further segmented
into 5G data traffic and data per user. Some of the essential features
associated with 5G technology are reduced latency, high data rate, energy
saving, higher system capacity, less traffic, cost reduction and massive device
connectivity.
According
to study, “India
5G Market (2018-2025)” some of the major companies that are currently
working in the India 5G market are Airtel, BSNL, Reliance, Vodafone, Idea. These
vendors are focusing on growing 5G with extremely developed features and
functions, which provide an enhanced digital experience.
On
the basis of type, the 5G market is segmented into Network functions
virtualization (NFV), Software Defined Networking (SDN) and Multi-access Edge Computing
(MEC). On the basis of usability, the market is segmented into mission critical
services, enhanced mobile broadband massive machine type communication (MTC)
and ultra reliable MTC. On the basis of networking infrastructure, the market
is segmented into small cells, macro cells and others.
On
the basis of technology, the market is segmented into global system for mobile
(GSM), Wi-Fi, worldwide interoperability for microwave access (WiMAX) and high
speed package access (HSPA). In addition, on the basis of application, the
market is segmented into smart cities, smart farming, smart home, retail,
public safety & surveillance, consumer electronics, energy & utilities,
industrial IOT and autonomous driving etc.
It
is now realized that the 5G technologies will be helpful in creating
employment, increasing gross domestic product (GDP) and digitizing the economy.
Some of the benefits associated with 5G use are effective & attractive,
high capacity, high connectivity speed (25 Mbps), faster data transmission,
large broadcasting of data, interactive multimedia (voice, internet and
streaming video) and large phone memory etc.
The
market of India 5G is primarily driven by increasing adoption of 5G, continuous
evolution towards enhanced bandwidth, low cost, enhanced security, increasing
demand for M2M communication, continuous investment on fiber communications
& 4G network up gradation, lower latency and openness of mobile networks. However
there are some challenges which are widely used cover, high bit rates and
regulatory pressure.
In
India, 5G technology provides a vision for business to extend to global
markets. SIM cellular connections segment is the major segment of market share
while it is predicted that SIM M2M cellular connections will be grown at an escalating
rate. Moreover, the government has set up a bureau, which will be making the
roadmap of the accomplishment of “5G in India”, by 2020. The main aim of this bureau is to growth of
5G mobile phones & other internet connected smart devices and to achieve
the high speed of internet in country.
It
is expected that the revenue value of Indian 5G market will be around USD 20
billion, by 2025. It is also estimated that this technology will convey about
socio-economic changes through sustainability, productivity and well-being. In
upcoming years, it is estimated that, this market will be registered a triple-digit
growth due to high HD premium videos by 5G networks.
For more information on the
research report, refer to below link:-
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Ankur Gupta, Head Marketing & Communications
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+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
