Key vendors are prioritizing security features to increase their sales strategically
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global 5G equipment market in their latest research report. This report also lists 12 other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated by the sales of deployment of various 5G networks.
This Technavio report, under machine to machine (M2M) and connected devices vertical, is based on the synthesis, analysis, and interpretation of information about the global 5G equipment market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
In this market, vendors are developing 5G wireless technology to meet the demand for fast networks to the energy, transportation, utilities, network equipment providers and telecom carrier industries. The communication service providers are entering into the IoT market with the emergence of LTE and 5G technology. The enhanced digital transformation is prompting vendor to prioritize safety and privacy features while deploying 5G networks to various industries. The vendors are also investing the development various additional features to meet consumer demands and increase their consumer base. The companies are focusing on providing services and products that help customers save cost and are adding value-added services to promote the adoption of connected technology. The players are investing in the development of new and faster wireless technology to meet client demands. The increase in commercial deployments, technological innovations, and mergers and acquisitions will intensify the competition in the market during the forecast period.
“The rapid deployment of smart grids across the globe is encouraging vendors to invest in emerging markets. Countries such as India, the US, China, France, Spain, and Germany are primary areas for development and investment opportunities for the countries. These grids have applications like SCADA systems, smart energy meters IT, and other communication networks, which allow utilities complete control in managing digital assets. The use of 5G networks allows smart grids to control demand for and supply of power generated by a wide range of distributed and interconnected power producers,” says Abhishek Sharma, a lead analyst at Technavio for research on machine to machine (M2M) and connected devices.
Top five vendors in the 5G equipment market space
Ericsson
The company provides telecommunications equipment and services to mobile and fixed network operators worldwide. It also provides the network infrastructure needed for mobile and fixed communication, which includes IP core and transport networks and 2G, 3G, and 4G radio networks. Recently, the company acquired a majority stake in Apcera, a US-based enterprise services company and creator of the next-generation platform-as-a-service called Continuum, which works across cloud, on-premises, and hybrid environments.
Key products: Modular equipment for 5G test networks and 5G plug-ins.
Huawei Technologies
The company manufactures sells, and markets telecommunications equipment worldwide and it serves various industries such as finance, government, healthcare, hospitality, media and entertainment, intelligent retail, oil and gas, public safety, and railway. It also offers products and solutions that include cloud-based green data centers, enterprise network infrastructure, enterprise information security, and unified communication and collaboration.
Key products: 5G mobile architecture and 5G full duplex radio technology.
Nokia
Nokia provides network infrastructure, location-based technologies, and advanced technologies with a focus on mobile broadband. The company manufactures and uses highly efficient microwave, Ethernet, and optical equipment for its mobile backhaul solutions. It also provides products to address backhaul needs of 3G, LTE and Wi-Fi metro cells; 2G, 3G, and LTE macro cells; and heterogeneous networks.
Key products: 5G versatile radio systems.
Qualcomm
The company designs develops, manufactures, and markets digital communications products and services worldwide. Its products are used in mobile phones, wireless devices, tablets, data modules, laptops, handheld wireless computers and gaming devices, data cards and infrastructure equipment, access points, and routers, and in wired devices, particularly broadband gateway equipment, desktop computers, and streaming media players.
Key products: 5G NR prototype system and trial platform and Wireless/Orthogonal frequency-division multiplexing (OFDM) technology and chipset.
Samsung
Samsung designs, manufactures, markets, and sells consumer electronics, mobile communications, information technology, and device solutions worldwide. It also designs, develops, manufactures, and markets mobile phones, communications systems, and computers. Recently, the company announced its plan to partner with LG U+, a South Korean telecommunication company for developing 5G technology.
Key products: 5G-ready antenna and Power amplifier.
Other prominent vendors in this market include AT&T, China Mobile, KT, NTT DOCOMO, Orange Business Services, Singtel, SK Telecom, Sprint, Telenor, TeliaSonera, Verizon, and Vodafone.
A more detailed analysis is available in the Technavio report, Global 5G Equipment Market 2016-2020. Technavio also customizes reports by other regions and specific segments upon request.
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