5G Technology Market

Global 5G Technology Market to reach USD 1,271 billion by 2025. Global 5G Technology Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than 49.1% over the forecast period 2018-2025. The major driving factors of global 5G technology market are shift towards new broadband technology, growing demand for high data speed & stable growth in the mobile data traffic and increasing demand for broadband services over other mobile networks. Moreover, increasing demand for machine-to- machine communication in organizations is the other major factor that drives the market. The major restraining factor of global 5G technology market huge cost incurred in the implementations of base stations and O&M complexities. 5G, is the latest iteration of cellular technology, engineered to greatly increase the speed and responsiveness of wireless networks. With 5G, data transmitted over wireless broadband connections could travel at rates as hi...