According to a new report published by Allied Market Research, titled, The South East Asia 5G private network market size was valued at $59.31 million in 2020, and is projected to reach $1939.60 million by 2030, growing at a CAGR of 41.9% from 2021 to 2030.
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The report further analyzes the market’s competitive landscape and offers information on several market vendors such as Ericsson, Nokia Corporation, Cisco System Inc., Samsung, ZTE Corporation, Verizon Communication, BT Group, Qualcomm Technologies Inc., Deutsche Telekom, AT & T, Dialog Axiata PLC, Axiata Groups Celom, DiGi, Bharti Airtel Lanka, and U-Mobile as well as system integrator companies such as Enea Openwave, HCL Technologies, Amdocs, and Infosys Limited.
The growth of the Southeast Asia 5G private network market impacted by factors such as surge in use of network slicing to deliver different 5G mmWaves, increase in penetration of smartphones among the all age groups, and development of smart telecommunication infrastructure. Moreover, the market growth is affected by security concerns associated with 5G core networks and heavy investment and high initial cost of 5G private network solutions. Furthermore, increase in investment in mobile computing and communication solution by several countries and surge in need for low latency connectivity influence the market growth. However, each of these factors is anticipated to have a definite impact on the growth of the South East Asia 5G private network market during the forecast period.
Key Benefits :
- The study provides an in-depth analysis of the South East Asia 5G private network market share along with the current trends and future estimations to elucidate the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on the market size is provided.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the South East Asia 5G private network market.
The Southeast Asia 5G private network market is segmented into component, frequency type, spectrum, industry vertical, and country. By component, the market is segregated into hardware, software, and service. On the basis of frequency, it is bifurcated into sub-6Ghz and mmWave. Depending on spectrum, it is categorized into licensed and unlicensed spectrum. As per industry vertical, it is fragmented into industry 4.0, Enterprise & Campus healthcare, transport & logistics, smart city, retail & e-commerce, tourism, and others. Country wise, the market is analyzed across Nepal, Sri Lanka, Malaysia, Bangladesh, Cambodia, Indonesia, and rest of Southeast Asia.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
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