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SAN FRANCISCO, April 20, 2021 /PRNewswire/ The global 5G services market size is estimated
to reach USD 664.75 billion, registering a CAGR of 46.2% from 2021 to 2028, according to a new study by Grand View Research, Inc. The rapidly rising demand for ultra-reliable and low-latency data networks capable of providing enhanced mobile connectivity is estimated to boost the market growth over the forecast period. The potential adoption of 5G services for remote patient monitoring and remote surgery applications is also anticipated to propel the market growth from 2021 to 2028.
Key suggestions from the report:
In North America, the U.S. is anticipated to reach nearly USD 148 billion by 2028 owing to the rising demand for higher data speeds for several end-use applications including M2M communications, energy & utility management, and smart mobility management
IPlytics takes a deep dive into the companies with declared patents that have contributed to the standards development of the three smart factory application 5G technologies.
Panasonic Commercializes R-5410 Halogen-Free Ultra-Low Transmission Loss Multi-Layer Circuit Board Material For Millimeter -Wave Antennas
Low Transmission Loss Circuit Board Material is suitable for automotive millimeter-wave radars and 5G wireless communication base stations
This material improves antenna performance and reduces circuit board manufacturing costs
Panasonic Corporation announced today that its Industrial Solutions Company has commercialized R-5410, Halogen-free Ultra-low Transmission Loss[
1] Multi-layer Circuit Board Material suitable for millimeter-wave
[2] antennas. Mass production will begin in March 2021.
Millimeter-wave (mmWave) is a specific type of radar technology that employs short-wavelength electromagnetic waves. Radar systems transmit signals and receive signals reflected by objects in their path. By processing the reflected signal, a radar system can determine the range, velocity and angle of the objects. Millimeter-wave radar
5G Connections Market Overview.
5G Connections Market Analysis by Region.
5G Connections Market Analysis by Type.
5G Connections Market Analysis by Application.
5G Connections Market – Manufacturers Analysis.
Furthermore, this study will help our clients solve the following issues:
Cyclical dynamics – We foresee the dynamics of industries by using core analytical and unconventional market research approaches. Our clients use insights provided by us to maneuver themselves through market uncertainties and interferences.
Identifying key cannibalizes – Strong substitutes for a product or service is the most important threat. Our clients can identify key cannibalizes of a market, by procuring our research. This helps them in aligning their new product development/launch strategies in advance.
(MENAFN - GetNews) According to new report available with Million Insights, the global 5G service industry offers in-depth assessment of the growth, size, competitive landscape and other aspects in different geographical regions. Furthermore, it sheds light on the market contribution, recent developments and successful marketing strategies of leading companies.
The global 5G Services Market is projected to reach USD 414.50 billion by 2027 with a CAGR of 43.9% during 2021 to 2027, according to a new report published by Million insights. Rising demand for ultra-reliable and low latency networks, which could provide high-speed data are projected to fuel the market demand for 5G services. Additionally, the growing applications of 5G technology in the healthcare sector, for remote patient monitoring and performing the surgery are expected to drive the demand for 5G services.