5G Enterprise
Market:

Growth opportunities in the 5G enterprise market look
promising over the next six years. This is mainly due to the delivery of
differentiated 5G services through network slicing techniques and the emergence
of Industry 4.0.

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5G Enterprise Market Dynamics (including
market size, share, trends, forecast, growth, forecast, and industry analysis)

Key
Drivers

Some of the drivers contributing to the growth of the global
5G
Enterprise market include the evolution of Industry 4.0 coupled with the
expansion of smart infrastructure and the delivery of distinguished network
slicing techniques. Industry 4.0 permits manufacturing companies to accumulate
and examine extensive volume data to prepare targets by various technologies
such as cloud computing, connected sensors, robotics, IoT, and AI. Also, as per
the 5G enterprise market analysis, the ongoing enlargement is supported by
Multi-Access edge computing (MEC) to enable high-bandwidth, low-latency
enterprise applications. For instance, AT&T declared Mobile 5G, Edge
Computing, and Fixed Wireless as the three prime service pillars of 5G. The
company is offering AT&T Multi-Access Edge Compute (MEC) to encourage the
edge computing solution for the employment of a software-defined network.

Moreover, several infrastructural strategies such as smart
cities and smart buildings are formulated to deliver smart services and
infrastructure. For example, the UAE government has introduced the Dubai Plan
2021 to make Dubai a smart and sustainable city. Through this smart city
project, the government is pursuing to alter approximately 1000 government
services, including six sectors: economic services, communications,
transportation, electricity, urban planning, and infrastructure. The smart city
comprises Information and Communication Technology (ICT) infrastructure for a
better quality of life and raises the efficiency of urban operations and
services. However, the augmenting adoption of 4G technology as it is an
economical substitute for individuals is obstructing the 5G enterprise market
size.

Regional
Drivers

Based on the regional coverage, North America is projected
to witness region a faster CAGR during the forecast period. This is because of
the accelerating demand for advanced technologies, such as machine-to-machine
communication, AI, and connected cars. In accordance with the Ericson, the 5G
mobile subscription, by 2025, is anticipated to touch 318 million, which
exceeds 80% penetration of all the mobile subscriptions, is propelling the
market growth. Additionally, many operators, including Verizon and AT&T,
are emphasizing increasing the acquisition of the 5G narrative. AT&T and
Chicago-based Rush University Medical Centre and the Rush System for Health
entered into a partnership in 2019 to lead the standards-based 5G enabled
hospital in the U.S.

5G
Enterprise Market’s leading Manufacturers:

·        
Juniper Networks, Inc.

·        
Cisco

·        
NEC Corporation

·        
SAMSUNG

·        
Ericsson

·        
Ciena Corporation

·        
Oracle

·        
ZTE

·        
Nokia

·        
Huawei Technologies Co., Ltd.

5G Enterprise Market Segmentation:

Segmentation by Network Type

·        
Hybrid Network

·        
Private Network

Segmentation by Operator Model

·        
Communication service providers

·        
Private Enterprises

Segmentation by Infrastructure

·        
Access Equipment

·        
Core Network Technology

Segmentation by Spectrum

·        
Licensed

·        
Unlicensed/Shared

Segmentation by Organization Size

·        
Small and Medium-sized enterprises

·        
Large Enterprises

Segmentation by Vertical

·        
BFSI

·        
Manufacturing

·        
IT and Telecommunication

·        
Energy & Utilities

·        
Retail

·        
Healthcare

·        
Government

·        
Others

Segmentation by Region:

·        
North America

o  
United States of America

o  
Canada

·        
Asia Pacific

o  
China

o  
Japan

o  
India

o  
Rest of APAC

·        
Europe

o  
United Kingdom

o  
Germany

o  
France

o  
Spain

o  
Rest of Europe

·        
RoW

o  
Brazil

o  
South Africa

o  
Saudi Arabia

o  
UAE

o  
Rest of the world (remaining countries of the
LAMEA region)

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