Hyderabad, Nov. 14, 2016 (GLOBE NEWSWIRE) -- The report “Next Generation Communication Technologies Market - Wireless Communication (Wimax 2.1, Wi-Fi 802.11 ac, 4G LTE, Others) By End-User (Telecommunication, Consumer Electronics, Enterprise Applications, Others) & By Geography - Forecast (2016 - 2022)” published by IndustryARC, next generation communication technologies market to cross USD 200 Billion by 2022 at high CAGR.
Browse 7 Market Tables, 99 Figures spread through 190 Pages and an in-depth TOC on “Next Generation Communication Technologies Market”
The various ways through which people and devices connect to the Internet today have transformed considerably in recent years. There are many highly capable wireless networking technologies which have been developed and widely organized. Users are accepting these competences and are demanding additional abilities to satisfy their needs. This synergetic relationship is constructing an astonishing fruition in wireless networking competences in the commercial domain. Technological innovation, stimulated by the digitalization, has been a major factor in driving the demand growth of the communications market. These innovations are reducing costs and simultaneously are enhancing the competence of networks to support new services and applications. Eventually, communications network has become a major economic and social infrastructure in all the concerned end use sectors. The market for next gen communication market based on technologies can be divided into Wireless Sensor Network (WSN), Bluetooth, LTE, Wimax, Wi-fi and Zigbee. Our study concludes that Wireless Sensor Networking (WSN) will be the fastest growing market with a CAGR of 64.75% during the forecast period. The overall market for next gen communication technology was $47.43 Billion in 2015 and is anticipated to grow manifold during the forecast period.
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As throughputs and latency rates are being enhanced swiftly with each communication technology to improve the overall experience of end user, a great deal of improvisation is also required to modernize the supporting infrastructure. The next generation communication technology market is a vast ecosystem comprising of several stakeholders particularly the telecom infrastructure providers, network equipment providers, network operators, resellers and distributors, content based service providers and end users. On the contrary, the stakes in deploying the infrastructure along with research and development in furnishing of new communication protocols are high. The network operators have already invested significant amount in entirely modernizing the current network infrastructure.
Some of the new opportunities coming up in the next generation communication technology market includes the introduction of 5G network technology, coupled with new antenna/RF technologies (massive MIMO, wider bandwidths), which has proposed the deployment of small cells in higher mm wave frequencies, shorter transmission time intervals, reduced latency and possible new modulation methods beyond OFDM. Others include the advent of Carrier Ethernet, which is well underway and will continue to make inroads towards 100/400G switching hardware deployments and around Tb/s of bandwidth.
The next generation communication technology market has been segmented into Americas, Asia-Pacific, Europe and Rest of the World (RoW) on basis of geography. According to IndustryARC analysis, Americas was the largest market for next generation communication technologies in 2015, however, APAC will emerge out to be the market leader by 2022. Some of the major factors propelling the growth in APAC include rapid penetration of mobile internet, growing connected cars and evolving smart home market. Apart from the above mentioned factors, the growing e-health services in Australia will also drive the market in this region. The communication technology over the years has undergone significant changes since its early stages and has presently become an important infrastructure target in most of the user segments. With the increasing number of connected devices the need for development of faster and reliable communication technologies is also increasing.
The rising penetration of 4G services in the telecom sector owing to the significant growth of the internet of things market has led to growth of this market. 4G technology is the major proponent of this growth but other technologies such as wireless sensor network and Bluetooth.
The Prominent Players in this Market Include
AOL, Inc., AT & T, Inc., Atlascable, Belden, Inc., Devicescape Software, Inc, General Cable Corporation, Green Packet (S) PTE. Ltd., Hitachi cable, Ltd., Huawei Technologies Co,. Ltd., Interstate wire company, Inc., Legrand, Maven Systems, Pvt. Ltd., Netgear, Inc., Nexans USA, Inc., OFS Fitel, LLC., Platronics, Inc, Purple WiFi Holdings Ltd, Quantum Corporation, Telegesis, Ltd., Verizon Communications Inc., Vodafone GmbH & others.
With various product launches, mergers, acquisitions, collaborations and other strategies, these companies are obtaining market shares in the industry.
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Scope of the Study: The report covers quantitative analysis including values ($M) and volumes (KT) as well as qualitative analysis of the following:
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