5G Enterprise Market Share, Size, Trends, Industry Analysis Report, By Access Equipment Type (Radio Node, Service Node, DAS); By Core Network Technology (SDN, NFV); By Service (Platform, Software); By Organization Size (SMEs, Large Enterprises); By End Use ; By Region; Segment Forecast, 2020 – 2027

Report Summary

The global 5G enterprise market was valued at USD 1.32 billion in 2020 and is expected to grow at a CAGR of 57.2% during the forecast period. This growth is due to federated network slicing which allows smooth platform sharing amongst the several operators globally for long lasting and best user experience. Various subscriptions purchased and availed by the users also surges the market growth coupling with huge demand for 5G-enabled mobile phones and high and fast speed internet. 5G is the advanced generation in the sequence of cellular communication technologies, operating in excessive radio frequency bands, allowing novel usage framework beyond current mobile broadband.

Industry Dynamics

增长司机
The regular requirement for upgrading enterprise network infrastructure will be crucially driving the global market. Enterprises globally are updating their network infrastructure, to redeem the several advantages of 5G. The adoption of 5G technology in big firms is estimated to inflate speedily in the forecast period, as it not only offers low latency but in addition also provides better efficiency. For big enterprises, 5G will offer un-interrupted wireless connectivity, irrespective of their geographical location. Moreover, 5G technology will efficiently ease an enterprise's value control and elasticity. Lately, a survey was organized with key opinion leaders (KOL) of several enterprises, starting from small to large scale. As per the survey, 65% of firms are strategizing to enable 5G by the end of 2020.

Know more about this report:请求样本页面

Additionally, the increasing demand for software implementations in wireless communications further drives the market growth of 5G enterprises. For instance, in November 2018, the tele-communications provider, Nokia announced the introduction of upgraded CloudBand infrastructure software as a product. This new upgraded version CloudBand Infrastructure Software provides safe, unified virtual infrastructure software to secure 5G cloud installations. Software also allowed managing virtual machines (VM) and the containers in the cloud to simplify its transition to the multi-vendors, cloud-savvy environments supporting 5G environments.

5G Enterprise Market Report Scope

The market is primarily segmented on the basis of Access Equipment, By Core Network Technology, By Services, By Organization Size, By End-Use, and by geographic region.

By Access Equipment	By Core Network Technology	By Services	By Organization Size	By End-Use	By Region
Radio Node Service Node DAS	Software-Defined Networking (SDN) Network Functions Virtualization (NFV)	Platform Software	Small and Medium Enterprises Large Enterprises	BFSI 媒体和娱乐 Retail and Ecommerce Healthcare and Life Sciences Government and Defense Transportation and Logistics Manufacturing Agriculture IT and Telecommunication Others	North America (U.S., Canada) Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria) Asia Pacific (Japan, China, India, Malaysia, Singapore. South Korea) Latin America (Brazil, Mexico, Argentina) MEA (Saudi Arabia, UAE, Israel, South Africa)

Know more about this report:请求样本页面

Insight by Access Equipment

基于访问设备，全球市场被分类为无线电节点，服务节点DAS。2019年，无线电节点分部持有大部分份额，并且可能在研究时间范围内保持其份额。这一高度归因于大型组织和电信运营商的大部署。由于诸如此类的优势，增长也有利于，提供完整的网络，以减少维护和运营成本，单独的硬件灵活性，补充当前云技术的能力，并具有低跨域创新障碍。

Insight by Core Network Technology

On focusing on core networking technology, in 2019, the network functions virtualization (NFV) contributes highest share in the global market as it commits to simplify the burden by offering service providers, and the elasticity to run network functions from devoted infrastructures. NFV emphasizes on integrating several network devices onto standard, high-volume servers, switches, and storage, thus making networks more graceful and effective by the use of standard IT virtualization technology.

Insight by Organization Size

On the basis of organization, the global market is categorized into small and medium (SMEs) and large enterprises. In 2019, large enterprises segment is predicted to witness highest CAGR during the forecast period as to monitor and control their difficult and massive network infrastructure all over diverse business units and multifaceted departments.

最终使用洞察

Based on end Use, the global market is bifurcated into BFSI, media and entertainment, retail and ecommerce, healthcare and life sciences, government and defense, transportation and logistics, manufacturing, agriculture, IT and telecommunications, Others. In 2019, BFSI holds largest share in the end use segment as it has always evolved the use of technology to provide the effective and best financial services to its users.

The less latency, and huge data capacity and authenticity of anticipating 5G networks will assist in generating a new platform for the delivery of banking and financial product and services. Real time stock exchange information and market fluctuations in this globalized world, requires full-proof network infrastructure, which is provided in the form of 5G to these multi-national firms.

Geographic Overview

Geographically, Europe is the largest revenue contributor in the global market owing to the significant presence of supreme market players in the region. Some prominent market competitors situated in the U.S. are AT&T, Hewlett Packard Enterprise, Juniper Networks, CommScope, Cisco, and Verizon. The North America will remarkably add to the North American region and hold a vital share.

此外,越来越多的政府措施,比如the National Security Council’s recommendation to the U.S. government for introducing and developing a government-owned 5G network, is further offers lucrative growth in the 5G enterprise market. For instance, in July 2019, Cisco and Acacia Communications declared that they signed a definitive contract under which Cisco has consented to acquire Acacia. An already surviving Cisco producer, Acacia designs and produces high-speed, optical interconnect technologies that offers web-scale organizations, service providers, and data center operators to survive in the fast-growing consumer demands for data scenario. Additionally, deployment of 5G enterprise equipment needs huge initial investments for up-gradation of existing network infrastructure.

欧洲持有巨大的潜力，以支持5G的部署，因为经济良好。此外，该地区强大的金融部门也在飙升5G企业市场增长。BFSI段是众所周知的，因为它早期采用最近的网络技术，如4G和5G。预计德国最大的GDP，德国将领导区域市场。例如，2018年，德国的GDP为4,0291.14亿美元。

Additionally, the adoption of core network technologies, like SDN and NFV, in European nations are fueling due to the development of favorable standards and networking regulations for swelling the SDN and NFV coupled with rising trends of innovative technologies like for example, cloud computing, mobility services and bring your own data device (BYOD).

Competitive Insight

The key market focused to emphasize their market share and product portfolio in 5G Enterprises by adopting strategies such as new product releases, expansions, agreements, joint ventures, partnerships, collaboration, and merges and acquisitions (M&A) to enhance their footprints in the market for long term.

Some of the major players operating the global market include Affirmed Networks, Airspan Networks, American Tower, AT&T Inc., China Mobile, Ciena Corporation, Cisco Systems Inc., Comba Telecom Systems, Commscope, EE Limited (BT Group), Ericsson, Extreme Networks, Fujitsu, Hewlett Packard Enterprise, Huawei Technologies Co., Juniper Networks, Korea Telecom, Mavenir, NEC, Nokia, Qualcomm Technologies Inc., Samsung, SK Telecom Co. Ltd., T-Mobile, Verizon Communications, VMware, Inc., ZTE Corporation among others.