Next Generation Communication Technologies Market

Next Generation Communication Technologies - Global Market Outlook (2018-2027)

4.1 (92 reviews)
Published: April 2020 ID: SMRC19081
4.1 (92 reviews)
Published: April 2020 ID: SMRC19081

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Next Generation Communication Technologies market is accounted for $90.30 billion in 2018 and is expected to reach $712.54 billion by 2027 growing at a CAGR of 25.8% during the forecast period. Some of the key factors propelling the market growth include saturation of revenues from fixed and cellular services coupled with growing for personalized services, rising demand of advanced communication technology,  and increasing consumer demand. However, high infrastructural and development cost is restraining the market growth.

Next-generation communication technologies are also known as advanced communication technologies. With increasing technological advancements in the Internet and other supporting communication technologies, the communication technology has been enhanced tremendously. Next-generation communication technologies are the best example of such trend. These technologies help in eliminating the communication gap, improving the quality of communication, optimizing the multiplexed communication, and improving user experience in order to meet user requirements. In addition, next-generation communication technologies are also expected to play a major role in the development of various industries.

By end user, consumer electronics segment is expected to have significant growth during the forecast period. The aggressive acceptance of wireless systems and increased requests for quicker communication speed has inspired the growing use of consumer electronics in the next-generation market of communication technology. On the basis of geography, Asia Pacific is anticipated to witness the significant growth during the forecast period, due to increasing technological developments, rising consumer spending’s, and increasing investment in communication infrastructures are some of the reasons that stimulate the requirement for next-generation communication systems in the Asia Pacific region.

Some of the key players in next generation communication technologies market include  AT&T, Verizon, SK TelecomG, Sandisk, Hitachi, Huawei Technologies Co., Ltd., Nokia, Qualcomm, Ericsson, NTT DoCoMo, NetApp, Dell EMC, Micron Technology, IBM, HP, Toshiba, Western Digital, Kingston, Quantum, and Devicescape Software, Inc.
Types Covered:
• Wireless Communication Technologies
• Wired Communication Technologies

End Users Covered:
• Consumer Electronics
• Information and Communication Technology
• Automotive
• Automation
• Aerospace and Defense
• Enterprise Application
• Security and Surveillance
• Space and Research
• Healthcare
• Power and Energy
• Telecommunication
• Military
• Safety & Monitoring
• Manufacturing
• Medicine

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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