Global LTE and 5G Applications & Services Market 2021-2026 - ResearchAndMarkets.com

·        Mobile Edge Computing will be key for private wireless implementation

·        MEC will also be important for public consumer applications, but lower priority

·        5GNR market for private wireless in industrial automation will reach $5.1B by 2026

·        5G applications market for enterprise and industrial segments will exceed $42.2B globally by 2026

·        Global revenue for LTE-based enterprise and SMB mobility apps and services will reach $6.7B by 2026

 

https://www.businesswire.com/news/home/20211112005488/en/Global-LTE-and-5G-Applications-Services-Market-2021-2026-Key-5G-Solution-Areas-for-Business-Will-Be-IoT-Connectivity-SMBCorporate-Mobility-and-Fixed-Wireless---ResearchAndMarkets.com

 

Global LTE and 5G Applications & Services Market 2021-2026 | Key 5G Solution Areas for Business Will Be IoT Connectivity, SMB/Corporate Mobility, and Fixed Wireless - ResearchAndMarkets.com

November 12, 2021 05:07 AM Eastern Standard Time

DUBLIN--(BUSINESS WIRE)--The "LTE and 5G Applications and Services Market by Service Provider Type, Connection Type, Deployment Type, Use Cases, 5G Service Category, Computing as a Service, Industry Verticals, Region and Country 2021 - 2026" report has been added to ResearchAndMarkets.com's offering.

“LTE and 5G Applications and Services Market by Service Provider Type, Connection Type, Deployment Type, Use Cases, 5G Service Category, Computing as a Service, Industry Verticals, Region and Country 2021 - 2026”

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This 5G applications market report is the most comprehensive research available addressing the LTE and 5G application and service market. The report evaluates cellular broadband applications and services including revenue and usage (subscribers/users) by LTE, LTE Advanced, LTE Advanced Pro, and 5G. The report also assesses the LTE and 5G applications market in private wireless networks as well as market opportunities for Mobile Edge Computing (MEC) in public and private networks including the market for computing as a service.

Select Report Findings

·        Mobile Edge Computing will be key for private wireless implementation

·        MEC will also be important for public consumer applications, but lower priority

·        5GNR market for private wireless in industrial automation will reach $5.1B by 2026

·        5G applications market for enterprise and industrial segments will exceed $42.2B globally by 2026

·        Global revenue for LTE-based enterprise and SMB mobility apps and services will reach $6.7B by 2026

·        Key 5G solution areas for business will be IoT connectivity, SMB/corporate mobility, and fixed wireless

5G will bring about fundamental structural economic changes, such as significantly lower broadband pricing as a whole, and also much greater flexibility for enterprise, industrial, and government market segments in terms of how they connect public to private networks. Future use cases for the 5G applications market are many and varied in terms of type, industry vertical focus, and requirements. Correspondingly, each scenario will have its own network configuration of requirements and parameters.