AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Global 5G Solutions & Market Opportunities: Technologies, Infrastructure, Capabilities, Leading Apps & Services 2019-2024 - ResearchAndMarkets.com

November 6, 2019

DUBLIN--(BUSINESS WIRE)--Nov 6, 2019--

The “5G Solutions and Market Opportunities: Technologies, Infrastructure, Capabilities, Leading Apps and Services 2019 - 2024” report has been added to ResearchAndMarkets.com’s offering.

Select Report Benefits

Key Findings

5G networks provide much higher data rates (in a range of several gigabits per second) as compared to 4G/LTE. Equally important, 5G will provide ultra-low latency (less than 1-millisecond delay) required for certain portable and mobile apps and services such as industrial automation, robotics, haptic Internet, and virtual reality. 5G New Radio (5GNR) will support Ultra-Reliable and Low-Latency Communication (URLLC) for both mission-critical services and latency-sensitive consumer services. 5G is also standardized to provide improvements to the Internet of Things (IoT) and enhanced mobile broadband.

To provide these advanced capabilities, 5G networks must leverage various technologies such as smart antennas, millimeter wave RF, network slicing, and edge computing solutions. Current non-stand-alone 5G solutions must also undergo an evolution towards 5G stand-alone deployments that involve incremental upgrades from an LTE-based fabric to a 5G core to fully realize all 5G capabilities. Accordingly, global communication service providers must move beyond RAN build-outs, which provide bandwidth improvements, towards substantial core network infrastructure upgrades, which will provide full 5G capabilities.

The use cases for future 5G enabled applications and services are many and varied in terms of type, industry vertical focus, and requirements. Communication service providers must take into account use case-specific requirements and parameters, which at the highest level is broken down into three distinct 5G service categories as follows:

One of the more important challenges with 5G is juggling multiple requirements found within each 5G service category, which are also often mutually exclusive. For example, URRLC applications require high reliability (e.g. works exactly as it is supposed to work exactly when it’s needed) yet also require very low latency and very high bandwidth. Achieving all three of these in support of quality of service and quality of experience requirements for demanding customers, such as smart factories, will be a major challenge for communication service providers. Correspondingly, each scenario will need to have its own network configuration and associated parameters. 5G network slicing provides a means by which different use cases may have its own portion of available network resources.

Network slicing provides the ability to balance the disparate requirements between eMBB, URLLC, and mMTC applications such as availability/reliability, bandwidth, connectivity, cost, elasticity, and latency. Leading communication service providers will leverage their investment in Software Defined Networks and Network Function Virtualization to optimize network slice allocation as well as overall network management and 5G orchestration. Each major service offering type (Mobile Broadband, Massive IoT, and Mission Critical Communications) will benefit from the ability to allocate a cross-domain, on-demand data pipe with strict QoS/QoE requirements met for any wireless device connected to the network.

Mobile Edge Computing (MEC) will have a substantial impact on 5G as it will provide much-needed computational optimization. Without MEC, 5G would need to rely upon back-haul to centralized, core cloud resources for storage and computing, diminishing much of the otherwise positive impact of latency reduction enabled by 5GNR improvements. In other words, MEC enables users and devices to store/access much higher volumes of data, and at much lower latency, by way of direct access to computational resources rather than relying upon core cloud computing for all processing. MEC will, therefore, be very important for network and application optimization for all three 5G service categories, but for different reasons.

5G Solutions & Market Opportunities represents the most comprehensive research available covering 5G technology, strategies, solutions, challenges, and opportunities. This research analyzes 5G technologies and operational issues such as network slicing, smart antennas, security, and edge computing in support of 5G. It also assesses the market potential for basic services, such as Voice over 5G (Vo5G), as well as leading 5G enabled applications, such as robotics, UAVs, and autonomous vehicles.

A summary of covered topics within this research includes:

Leading 5G-enabled Applications

This research assesses 5G enabled Virtual Reality, V2X, Cloud Robotics, and Industrial Automation:

Smart City Technologies & Solutions

This research assesses smart cities technologies and solutions including how 5G will support other technologies to transform the administration and support of living and working environments in leading urban areas. This research includes analysis of market factors driving smart city solution adoption, technology readiness and fitness for use. It also includes digital transformation including AI, edge processing, 5G deployment and usage, and advanced data analytics as a catalyst for smart city growth.

In addition to covering 5G technology, infrastructure and solutions, 5G Solutions and Market Opportunities 2019 - 2024 is also the most comprehensive research available addressing the LTE and 5G application and service market. It evaluates cellular broadband applications and services including revenue and usage (subscribers/users) by LTE, LTE Advanced, LTE Advanced Pro, and 5G. It also assesses LTE and 5G in private wireless networks as well as market opportunities for Mobile Edge Computing (MEC) in public and private networks including the market for computing as a service. It includes 5G application market sizing as well as LTE apps and services in terms of penetration and revenue for the following areas:

This research also evaluates supporting technologies such as Artificial Intelligence in LTE and 5G by Technology, Customer Type, and Data as a Service. The report also assesses opportunities for Blockchain technology in 5G. For example, the report provides forecasting for global blockchain-driven LTE and 5G application and service market. Those interested in this research will also be interested in more narrowly focused, topic-oriented 5G research available from this publisher via this reseller. Individual reports on each topic covered in this research are available for immediate delivery to customers.

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/tsrjww

View source version on businesswire.com:https://www.businesswire.com/news/home/20191106005429/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY NETWORKS

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 11/06/2019 05:10 AM/DISC: 11/06/2019 05:10 AM

http://www.businesswire.com/news/home/20191106005429/en