DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global 5G Equipment Market 2016-2020" report to their offering.
The report forecasts the global 5G equipment market to grow at a CAGR of 32.06% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The rapid deployment of smart grids is one of the trends spurring growth for the market. Smart grids are being increasingly deployed in countries like India, the US, China, France, Spain, and Germany. Smart grids include grid applications such as supervisory control and data acquisition (SCADA) systems, smart energy meters IT, and other communication networks. These devices enable utilities complete control in managing digital assets present in the field.
The shift to smart grid means that utilities will have to manage the complex smart devices and reduce the risk of grid failure and outages. This will drive the need for sophisticated control systems to manage the assets in the field. Moreover, smart grid systems can control demand for and supply of power generated by a wide range of distributed and interconnected power producers with the support of 5G secure and fast communication network, which will contribute to this market's growth over the coming years.
Key vendors:
- Ericsson
- Huawei Technologies
- Nokia
- Qualcomm
- Samsung
- ZTE
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Geographical segmentation
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/w8j8z3/global_5g