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Next Generation Wireless Network Market by Type (Fixed Wireless, Mobile Wireless, Portable Wireless, and IR Wireless) and End User (IT & Telecommunications, Healthcare, Banking, IT Services, Automotive, and Security Systems): Global Opportunity Analysis and Industry Forecast, 2021–2027

A09580
Pages: NA
Aug 2021 | 413 Views
 
Author(s) : NA
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Next Generation Wireless Network Market Insight

Wireless Technology primarily operates through radio waves to transmit and receive data. It is used in order to send data. In the present scenario, wireless technology is continuously evolving, starting with 0G (e.g., radio telephones) to 5G, the next generation wireless technology. Currently, 4G LTE (4th Generation Long term Evolution) technology and WiMAX is evolving and has wide applications due to its high data transfer speed and stability. The next generation wireless network 5G will operate on very high frequencies and will have a massive capacity and low latency. A next-generation network is basically an IP-based network that can transport multiple kinds of information and services that are related to data, voice, and video. It is a term that is primarily being used for the technological advancements in the telecommunication core and access networks.

Next Generation Wireless Network Market Scope and Structure Analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value (USD)

  Segments covered

  Type, End User, and Region

  Regions covered

North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa

  Companies covered

Major players analyzed include AT & T Inc., Cisco Systems Inc., Idea Cellular, IBM Corporation, Nokia Corporation, Qualcomm Technologies Inc., Semtech Corporation, Sigfox technology, T-Mobile International AG, and Verizon Digital Media Services

 

Impact of COVID-19 on Next Generation Wireless Network Market: 

  • Zoom has become the posterchild of the Covid-19 technology impact. Interest for the video conferencing solution is surging during the crisis. In March, Zoom reported 200 million daily users, up from 10 million in December 2019.
  • Organization’s should take proactive steps by advising their staff and customers to be more vigilant and cautious especially when opening links, emails or documents related to the subject COVID-19. Organizations should ensure their detection and alerting capabilities are functional while keeping an eye on the impact of having many remote workers.
  • Due to the COVID-19 pandemic, many employees working from home and students learning virtually, enterprise virtual private network (VPN) servers have now become a lifeline to companies/schools, and their security and availability will be a major focus going forward. There is a possibility that an organization’s unpreparedness will lead to security misconfiguration in VPNs thereby exposing sensitive information on the internet and also exposing the devices to Denial of Service (DoS) attacks. In addition to this, some users may utilize personal computers to perform official duties which could also pose a great amount of risk to organizations.
  • Organizations are hereby encouraged to sensitize their employees around information security outside of the office space. Working from public spaces should be restricted and organization should utilize technologies that ensure confidential information remain secure on these devices in the case of theft or damage.
  • Gmail which is a part of cloud database market is playing a vital role for spreading information regarding COVID - 19. 

Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

High speed, low prices and increasing applications and usage are the factors driving for the growth of next generation wireless network market. Additionally, internet of things is driving the growth of the market tremendously. However, security can hamper the growth of next generation wireless network market. Contrarily, increasing applications of wireless technology like self-driving cars, drones, household appliances and industrial machines is opportunistic factor for global market.

Advent of IoT

The Internet of Things (IoT)-centric concepts like augmented reality, high-resolution video streaming, self-driven cars, smart environment, e-health care, etc. have a ubiquitous presence now. These applications require higher data-rates, large bandwidth, and increased capacity. In light of these emerging concepts, IoT has revolutionized the world by providing seamless connectivity between heterogeneous networks (HetNets). The eventual aim of IoT is to introduce the plug and play technology providing the end-user, ease of operation, remotely access control and configurability.

Momentous developments in wireless sensor networks, telecommunications and informatics have paved the realization of pervasive intelligence which envisions the future Internet of things (IoT). The genesis of IoT goes back to the 1980s with the idea of ubiquitous computing whose objective was to embed technology in every day’s life. Currently, the IoT is envisaged both at the individual and professional level. For an individual, IoT plays a pivotal role in enhancing living standards in the form of e-health, smart home and smart learning. For a professional, IoT finds its application in automation, smart supply chain and transportation, remote monitoring and logistics.

Security 

Security is a big concern in wireless networking, especially with regards to its growing adoption within m-commerce and e-commerce applications. Mobility of users increases the security concerns in a wireless network. Current wireless networks employ authentication and data encryption techniques on the air interface to provide security to its users. The IEEE 801.11 standard describes wired equivalent privacy (WEP) that defines a method to authenticate users and encrypt data between the PC card and the wireless LAN access point. In large enterprises, an IP network level security solution could ensure that the corporate network and proprietary data are safe. Virtual private network (VPN) is an option to make access to fixed access networks reliable. Since hackers are getting smarter, it is imperative that wireless security features must be updated constantly.

Key segments covered:

Segments

Subsegments

  Type

  • Fixed Wireless
  • Mobile Wireless
  • Portable Wireless
  • IR Wireless

  End User

  • IT & Telecommunications
  • Healthcare
  • Banking
  • IT Services
  • Automotive
  • Security Systems

 

Key benefits of the report:

  • This study presents the analytical depiction of the global next generation wireless network industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global next generation wireless network market share.
  • The current market is quantitatively analyzed from 2021 to 2027 to highlight the global next generation wireless network market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed market analysis based on the present and future competitive intensity of the market. 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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