The report of 5G Enterprise Market by Access Equipment (Radio Node, Service Node, DAS), Core Network Technology (SDN, NFV), Services (Platform, Software), Organization Size (Small and Medium Enterprises (SMEs), Large Enterprises), End User (BFSI, Media and Entertainment, Retail and E-commerce, Healthcare and Life Sciences, Government and Defense, Transportation and Logistics, Manufacturing, Agriculture, IT and Telecommunications, Others), and Region (North America, Asia Pacific, Europe, South America, Middle East & Africa) is expected to reach US$ XX Bn by 2026, at a CAGR of XX% during a forecast period.
The 5G enterprise market share is expected to grow significantly over the forecast period, thanks to increasing demand for 5G enterprise connectivity platforms in numerous industrial sectors such as IT & telecom and BFSI. The rising necessity of 5G connectivity platforms to meet the demand for high-speed internet and improved network coverage will further surge the 5G enterprise market growth. On the other hand, the growth of Wi-Fi communication technology as de-facto connectivity technology among
enterprises, and the lack of authority in owning and managing the corporate network are some of the key restraining factors of the 5G enterprises market.
Radio node to hold the largest share of XX% of the 5G enterprise market by 2026
According to the access equipment, the radio node is expected to hold the largest share of XX% of the 5G enterprise market by 2026. Radio nodes are emerging as an efficient and cost-effective alternative for network expansion for mobile network operators with low operating and capital costs. The nodes consume less power which can be supplied using Power-over-Ethernet (POE) technology and can be deployed both indoors and outdoors.
North America to lead the 5G enterprise market in terms of value
Geographically, North America is expected to hold the largest share of XX% of the 5G enterprise market in 2026 and leading on account of the ongoing R&D activities for new technology and network deployment, and the presence of key market players. Furthermore, the US and Canada are witnessing the development of favourable standards and networking regulations for boosting the SDN and NFV market.
Key players operating in the Market are Intel, Nokia, Huawei, ZTE, Samsung, Hewlett Packard Enterprise, Ericsson, Juniper Networks, Verizon Communications, NEC, Fujitsu, Cisco, SK Telecom, and CommScope.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “5G Enterprise Market”
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