Market Research Report
5G Technology, Market and Forecasts 2022-2032
|5G Technology, Market and Forecasts 2022-2032|
Published: August 27, 2021
Content info: 442 Slides
Delivery time: 1-2 business days
5G Technology, Market and Forecasts 2022-2032
5G sub-6 GHz & mmWave, regional market forecast, 5G key technology benchmarking, supply chain, player assessment, Open RAN, vendor landscape.
"The evolution of 5G: the current status and where it's going in the next decade."
IDTechEx has been studying 5G-related topics for many years and we have just released our latest version of the 5G market research report "5G Technology, Market and Forecasts 2022-2032". This report is built on our expertise, covering the latest 5G development trends, key player analysis, and market outlook. Key aspects in this report include mmWave technologies progress, open radio access network (Open RAN) development, and detailed regional analysis of 5G status and future roadmap in 5 key regions: U.S., China, Japan, South Korea, Europe.
5G is paving the way for a fully digitalized and connected world. Over the past two years, we have seen many new field trials and an accelerating number of commercial rollouts. Moreover, we also start to see 5G being adopted in a wide range of industries, from manufacturing to healthcare. With high throughput and ultralow latency, 5G can tap into many high-value areas including 3D robotic control, virtual reality monitoring, and remote medical control that previous technologies weren't able to address. 5G is redefining and accelerating industries such as automotive, entertainment, computing, and manufacturing, and will ultimately change the way we work and live.
Among all the spectrums included in 5G, sub-6 GHz (3.5-7 GHz) and millimeter Wave (mmWave, >24 GHz) bands are the two new ones. In the first phase of 5G commercial rollouts, sub-6 GHz band is often the telecom operator's first choice. This is because sub-6 GHz band provides higher data throughput in comparison to the lower band; at the same time, the signal attenuation is less severe compared to the mmWave band. According to IDTechEx's analysis, 56% of 5G commercial services worldwide are operating at sub-6 GHz band. Almost all those sub-6 GHz band base stations are deployed in the urban area. The figure below shows the network deployment strategy that telecom operators utilize to deploy their 5G network. We can see that higher frequency bands will be primarily deployed in highly populated areas.
Each country/region has its own spectrum released schedule. Though most of the countries released the sub-6 GHz band first, there are some exceptions. For example, the U.S. regulatory body released the mmWave spectrum first and only released its sub-6 GHz band in early 2021. This leads to different 5G rollout outlooks and deployment strategies for each country. In this report, 5G Technology, Market and Forecasts 2022-2032, we have provided a detailed regional analysis of 5G status and future roadmap in 5 key regions: U.S., China, Japan, South Korea, Europe, including governmental strategy, funding, and key national telecom operators' 5G rollout schedule and roadmap, and revenue analysis.
Many characteristic benefits such as 1 ms latency promised by 5G will require operation at mmWave. Such high frequency requires new materials and different device designs. For example, low-loss materials with small dielectric constant and small tan loss as well as advanced packaging designs are essential for mmWave devices to avoid significant transmission loss. As devices become more and more miniature and integrated due to the short wavelength of mmWave signals, the power and thermal management of such devices become even more important. In this report, we point out the unique niches for 5G materials and design and highlight the trends for technology innovations.
5G open radio access network (Open RAN) is getting more and more attention. The idea of Open RAN is to provide telecom operators an alternative way to build networks based on disaggregated RAN components with standardized interoperability, which includes using non-proprietary white-box hardware, open-source software from different vendors, and open interfaces. As of mid-2021, we've already seen a few top telecom operators deploy the Open RAN 5G networks in rural areas. Many more set out roadmaps to deploy 5G networks using Open RAN equipment in the future. How would Open RAN disrupt the 5G infrastructure market and influence the overall supply chain dynamics? Who are the players in the Open RAN field? What would be the potential Open RAN business model? Is Open RAN really cheaper than the legacy system? What are legacy system vendors' (Huawei, Ericsson, Nokia) attitudes and strategies towards Open RAN? What are the remaining challenges of Open RAN? This report discusses all these questions in detail that will help you understand the future trend of the 5G infrastructure market.
5G market is just about to take off. IDTechEx forecasts that by the end of 2032, the revenue generated by consumer mobile services will be circa $800 billion. Our forecast builds on the extensive analysis of primary and secondary data, combined with careful consideration of market drivers, constraints, and key player activities. In this report, we provide a ten-year forecast (2022 - 2032) for different segments including the 5G mobile revenue, subscriptions, and infrastructure based on five global regions (US, China, Korea & Japan, Europe, and others), 5G global mobile shipment, 5G global fixed wireless access revenue & customer promised equipment (CPE) shipment, and 5G critical components such as power amplifiers.
Technology trends, market player analysis, 5G roadmap of 5 key regions:
Device challenges (all sections include technology benchmarking and market player analysis):
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