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Friday, November 6, 2020

Urgent Care Apps Market Size to Reach $9.81 Billion By 2027 | CAGR: 36.9%

New York City, 6 Nov 2020: The global Urgent Care Apps market size is predicted to reach USD 9.81 billion by 2027 according to a new study by Polaris Market Research Urgent Care Apps also known as ‘immediate care’ apps are designed to provide the instant virtual care to the patients and offer help to the healthcare providers in context with the serious medical conditions. The urgent care apps can be accessed 24/7 and helps to deliver the immediate course of action at emergency period. The urgent care apps also help to reduce the healthcare cost and provides virtual quality care like ER (Emergency Rooms).

Recent developments in global market include the new app launches such as CURE ID, telehealth, virtual care apps, etc. The increasing awareness of addressing the emergency situations virtually leads to market growth.

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The prominent factors favoring the global market growth include increasing initiatives taken by the government and the legal authorities to address the diseases of the patients in the healthcare industry. For instance, in December 2019, the U.S. Food and drug Administration launched of an internet-based application i.e., CURE ID for healthcare professionals to treat patients with infectious diseases with novel uses of existing medicines through a smartphone, mobile device, and a website.

The rising initiatives in the healthcare sector to provide an extensive care to the individuals leads to foster the growth of the global market. For instance, in March 2020, a healthcare startup for senior citizens, Arvi announced to launch an emergency app i.e., SOS which provides the function to press a button on the mobile app in case of emergency to receive medical support from the company.

Market participants such as Medisafe, Forward Health, Allm, Johnson & Johnson, Pulsara, Hospify, TigerConnect, Vocera Communications, Twiage, PatientSafe Solutions, Imprivata, Voalte, Alayacare, Siilo, Pivot Design Group, and Argusoft are some of the key players operating in the global market.

Players in the market are focusing on new launches of the app, increasing expansions, collaborations and partnerships to enhance their market and revenue share. For instance, in March 2020, the company Apple in collaboration with the CDC, the White House, and the (FEMA) Federal Emergency Management Agency has announced to launch an application and a website that helps an individual to do self-screening test for the COVID-19. The collaborations of the leading companies and the regulatory authorities formed to innovate an application based on the virtual screening of the coronavirus pandemic and care for the patients to lead them the healthier lives. 

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5G Testing Equipment Market Worth $3.46 Billion By 2027 | CAGR: 8.85%

New York City, 6 Nov 2020: The global 5G Testing Equipment Market size is predicted to reach USD 3.46 billion by 2027 according to a new study by Polaris Market Research 5G testing equipment is one of the advanced technologies in terms of mobile phones and network connectivity. Evolution in region of network connectivity straight from 2G, 3G, to 4G and the current version of 5G, and updated network technology. 5G is the advanced generation in the sequence of cellular communication technologies, operating in excessive radio frequency bands, allowing novel usage framework beyond current mobile broadband.

Recent developments in the global market include Keysight N9952A FieldFox Handheld Microwave Analyzer, 50 GHz., Keysight N9040B UXA Signal Analyzer, 2 Hz – 50 GHz, Anritsu MT1000A OTDR / CPRI Kit for Verizon Tower Testing, Consultix 5G Portable CW Transmitter, Rohde & Schwarz SMW200A Vector Signal Generator 3 GHz or 6 GHz.

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Moreover, continuous investment in Research and development activities also fueling the market growth. For instance, In February 2020, Cavli, a IoT hardware solution provider, announced the release of its 5G testing network within the India. The release of 5G technologies is predicted to have a transformative impact, mainly in smart regions and industries, globally. The company’s research and development is established at the Cochin.

The major factors driving the market growth include rising demand of smartphones and other connected equipment with upgraded features and surging demand for single network to allow various industries coupling with growing new developments. Inflating demand of 5G in segments including entertainment, construction, automotive, medical, security, and many more is building a requirement for using 5G testing equipment.

Anritsu, Artiza Networks Inc., EXFO Inc., Fortive Corp., Intertek Group Plc, Keysight Technologies Inc., MACOM Technology Solutions Holdings Inc., Rohde & Schwarz GmbH & Co. KG, Siklu Communication Ltd., Teradyne Inc., Trex Enterprises Corporation, and VIAVI Solutions Inc. are some of the major players operating in the market.

Players in the market are emphasizing on new product innovations, growing expansions, collaborations and partnerships to improve their market share and product portfolio. For instance, in July 2020, Reliance Communications, declared that Jio was developing a homegrown 5G solution. According to their claim, the company’s 5G solution will be built in India to promote Make in India initiative. Through this Reliance Jio will release world class 5G service within the home country.

Similarly, in May 2020, Rohde & Schwarz collaborated with Digita, a Helsinki-based telecommunication organization, to achieve the Digital Video Broadcasting of Second Generation Terrestrial (DVB-T2) network upgrade all over Finland. Rohde & Schwarz has provided nearly 80 ultra-high frequency (UHF) HD transmitters. This amalgamation aided Digita to improve its power efficiency and redundancy all over the new network. Both the two firms have also commenced a 5G broadcast trial in the Greater Helsinki region.

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LTE and 5G Broadcast Market Size Worth $1,064.91 Million by 2027 | Polaris Market Research

New York City, 6 Nov 2020: The global LTE and 5G broadcast market size is expected to reach USD 1,064.91 million by 2027 according to a new study by Polaris Market Research. Long-Term Evolution (LTE) refers to a key standard that is being used for high-speed wireless communication through the data terminals and mobile devices such as smart phones, tablets, Kindle, etc. LTE offers internet services based on Global System for Mobile Communications (GSM), Universal Mobile Telecommunications System (UMTS), Enhanced Data rates for GSM Evolution (EDGE), and High Speed Packet Access (HSPA) technologies. LTE boosts the speed and capacity by deploying a varied radio interface along with the improvements of the core network.

5G broadcast refers to the advanced wireless technology that is capable of improving the overall mobile experience of the consumers while offering them with limitless data consumption capabilities. The advent of 3rd Generation Partnership Project (3GPP) has improved 5G broadcast services Release 14 and the subsequent release 15 are the latest versions of the 3GPP services that are known as Further Enhanced Multimedia Broadcast Multicast Service (FeMBMS)

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5G broadcast is also known as the Enhanced Television services (EnTV) which is primarily invented to enable seamless delivery of digital television over the presently used mobile networks. 5G services is the need of the hour for businesses and individuals worldwide and the consumers, mobile operators, content providers and broadcasters need the 5G services through the existing mobile networks.

The prominent factors favoring the LTE and 5G broadcast market growth include rising smartphone penetration and growing base of LTE mobile subscribers coupled with increasing demand for high speed mobile devices data services and ever expanding video traffic. In addition, the increasing need for minimizing the congestion in network capacity also contributes to global market growth. According to the ABC News March 2020 publication, there’s extensive network congestion in Australia mainly due to the increasing number of people who are working from home owing to the COVID-19 pandemic. This has boosted the demand for a wider bandwidth mobile network such as LTE and 5G broadcast so as to minimize the network congestion

5G broadcast enables consumers to use limitless data while also enhance their overall mobile device usage experience as against the traditional 4G LTE broadcast. The FeMBMS standard offers a complete band of high-power high-tower (HPHT) advanced applications through the use of downlink mode. The content providers and television broadcasters have significant opportunity to increase their customer reach by using 5G broadcast since this technology enables them to proactively and directly address the mobile devices. The rising demand for premium video content by the consumers including, live broadcast of a sports event is expected to fuel the 5G broadcast demand.

Market participants such as AT&T, Athonet, Cisco, Enensys Technologies, Ericsson, Expway, Huawei, Intel, KDDI, KT, NEC, Netgear, Nokia, Qualcomm, Samsung Electronics, SK Telecom, Telstra, T-Mobile, Verizon Wireless, and ZTE are some of the key players that are currently operational in the global market.

The players in the market are primarily focused on product innovation & development as well as acquisitions to improve upon their product portfolio as well as boost their geographical presence. For instance, in December 2019, Videotron has partnered with Samsung Electronics to deploy 5G radio access and LTE Advanced technologies all across Canada. This strategy enables Videotron to boost the implementation of its advanced high-speed network. In addition, in February 2020, U.S. Cellular has purchased 5G driven New Radio (NR) technology from Samsung Electronics that has enabled U.S. Cellular to implement highly advanced outdoor and indoor internet connectivity services.

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Private 5G Network Market Set To Register $8.32 Billion By 2027 | CAGR: 36.8%

New York City, 6 Nov 2020: The global private 5G network market size is expected to reach USD 8.32 billion by 2027 according to a new study by Polaris Market Research.Furthermore, in the wake of COVID-19 pandemic, the Wi-Fi hotspots are overloaded and the demand has increased significantly for higher capacity & data speeds. Therefore, incorporating of private 5G networks has increased among the private organization, regulators, manufacturers, and other potential users globally.

A private 5G network is a cellular network which comprises of core network servers and cell sites to support the connectivity. Also, maximizes WAN connection to mobile end points.  In addition, this network provides features such as network slicing, far lower latency, superior bandwidth, among others. Moreover, a private 5G network provides industries with high-performing networks and helps in operations of several technologies such as automated guided vehicles (AGVs), drones, sensor technology, heavy machinery automation, robotics, and others. To address wireless communication requirements in operations of industries, public safety and others is leading to rise in demand of private 5G networks.

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Factors such as demand & applications for real-time based networking and Time-sensitive Networking (TSN) has tremendously increased among several industry vertical such as oil & gas, manufacturing, aerospace, and transportation. Thus, due to this increased application & technological development are fueling the demand for private 5G network and is expected to witness significant growth during the forecast period.

Market participants such as Altiostar, AT&T Inc., Broadcom Inc., Cisco Systems, Deutsche Telekom, Huawei Technologies Co, Nokia Corporation, Qualcomm Technologies, Inc., Samsung, Telefonaktiebolaget LM Ericsson, T-Systems International GmbH, Verizon Communications, Vodafone Limited, and ZTE Corporation are some of the key players operating in the global market.

Players in the market are focusing on developing new products and partnering with industrial manufacturers to establish a private 5G network-based devices on a private 5G network within the geographic footprint. For instance, in July 2020, Nokia has launched a commercial 5G standalone private wireless networking solution for businesses in the marketplace that would accelerate digitalization in different sectors.

Cisco introduced Premium Mobile Broadband (PMB) is a private LTE solution that delivers high-speed mobility and allows security for mobile roaming. Accenture and AT&T has developed a private cellular network solution for manufacturing, energy, and logistics for multinational Phillips 66.

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5G Fixed Wireless Access (FWA) Market Size to Reach US$ 88.5 billion by 2027 | CAGR: 99.3%

New York City, 6 Nov 2020: The global 5G Fixed Wireless Access (FWA) market size is expected to reach USD 88.5 billion by 2027 according to a new study by Polaris Market Research. 5G Fixed Wireless Access (FWA) enables the network providers/operators to offer extremely high speed broadband connection to even the rural and suburban areas, providing support to the businesses and home applications where the optic fiber proves to be highly expensive to install and maintain.

Delivering of fixed broadband to get high-speed data services and key technologies such as the WiMAX for superior data speed have seemed to fail because they required highly expensive overlay infrastructure and proprietary equipment. Contrastingly, 5G Fixed Wireless Access (FWA) deploys only general mobile components and standard 3GPP architectures to offer high-speed data connection services both to the enterprise and home customers.

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Some of the major drivers of the market include, rising demand for high-speed internet connectivity and wide network coverage with minimal power consumption and latency along with the growing adoption of advanced technologies including, Internet of Things (IoT)/ Machine-To-Machine (M2M). In addition, increasing deployment of millimetre-wave technology in 5G FWA also contributes to the market growth. According to the Economic Times, January 2018 publication the rising demand for data is expected to fuel nearly 44% growth in the total number of wireline broadband subscribers across India over the forthcoming four years. This is expected to further boost the competition in the market.

As per Nokia, June 2020 study, the 5G Fixed Wireless Access (FWA) is the highly demanded 5G use case that is proved among the customers worldwide. This study was being conducted by the Park Associates and it surveyed approximately 3,000 people across the countries such as the United States, United Kingdom and South Korea. The result of the study illustrated that there’s substantial opportunity for the mobile operators to compete with the broadband service providers through their offering of 5G Fixed Wireless Access (FWA) to businesses and homes.

Market participants such as Arqiva, AT&T Inc., Cellular South, Inc. (Cspire), Cisco, Cohere Technologies, Inc., Ericsson, Hrvatski Telekom, Huawei, Mimosa Networks, Inc., Mobile Telephone Networks(MTN), Nokia, Orange S.A., Qualcomm Technologies, Samsung Electronics, Siklu Communication, Swisscom, Telefónica S.A., Telus Corporation, United States Cellular Corporation, and Verizon Communications Inc. are some of the key players operating in the global market.

Players in the market have adopted strategies such as product launch to strengthen their position in the 5G Fixed Wireless Access (FWA) market. For instance, in April 2018, Siklu Inc. unveiled SmartHaul Wireless Network Design Engine (WiNDE) which automates complex mmWave network designs and accelerates time to deployment. WiNDE is part of a SmartHaul SaaS Application suite, including Range Estimator tool and a Financial Analysis Calculators.   

In addition, in March 2018, Mimosa Networks introduced the B24 wire-less backhaul services with the un-licensed 24 GHz band. The B24 can deliver speeds of up-to 1.5 Gbps IP through-put, and leverages the company’s proprietary “Spectrum Reuse Sync” (SRS) based technology.

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5G IoT Market to Surpass USD 11.35 Billion By 2027 | CAGR: 45.8% | Polaris Market Research

 New York City, 6 Nov 2020: The global 5G IoT market size is expected to reach USD 11.35 billion by 2027 according to a new study by Polaris Market Research . 5G network provides a smooth communication and networking functions and works under a wireless high-frequency technology. In addition, the technology provides an advanced, improved flexibility of wireless services, higher network speed, and reduced latency. IoT devices such as wireless sensors, computer devices, software, actuators, and others largely depend on prompt communication and data transfer services, which is provided through this technology.

Moreover, it offers improved flexibility of wireless services and are largely dependent on instant communication & data transfer provided through 5G technology. It plays a vital role in the evolution of communication as well as in the businesses and society in the market. For instance, in order to obtain measurements from a boiler or other equipment in manufacturing industry, 5G IoT offers ultra-reliable communications for several time-sensitive communications processes.

  
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Increased demand for manufacturing & adoption of this technology will not only provide reliable networks but also deliver fantastic secure connection for Industrial IoT by assimilating security into the network architecture. Moreover, factors such as rise in demand for processing of collected data via sensors, analyzing, and real-time tracking of business operations & other activities across several industrial sectors are some of the other factors fueling the market growth. Furthermore, with providing backing operations that require real-time access to data changes instantly and increased demand for ultra-low latency from numerous sectors are some of the factors driving the market growth.

However, lack of research and innovation and high upfront costs for infrastructural establishment are limiting the market growth. On the contrary, consumer landscape and changing business environment are expected to provide lucrative opportunities to the global market in the upcoming years. For instance, in 2019, Microsoft has announced a partnership with AT&T, which is a multinational conglomerate holding company in order to unlock 5G scenarios via its Azure Edge Zones. In addition, the partnership aimed at operating and extending its service using 5G and LTE networks. The Azure Private Edge Zones solutions helps in providing high-security applications such as factory IoT & robotics management, private smart grid for hospitals, among others.   

Market participants such as Anritsu, AT&T, Bell Canada, BT Group, Ericsson, Etisalat, Huawei, Juniper Networks, Inc., Nokia, Palo Alto Networks, Inc., Qualcomm Technologies, Inc., Rogers, Sierra Wireless, Singtel, Sprint, Syniverse Technologies LLC, Telefónica, Telenor Group, Telstra, Telus, Verizon, and Vodafone, among others. are some of the key players operating in the global market.

Key players in the market are focusing on launching new products & developing existing offering and have adopted various strategies to expand their foothold in the market. Also, governments in countries such as U.S., South Korea, China, Japan, among others are expected to largely adopt & implement 5G IoT technology in the coming years. For instance, Nokia and Korea Telecom (KT) has collaborated to conduct trails of 5G NFV and network slicing which will allow to provide innovative services, including virtual reality, smart factory, IoT use cases and connected cars. Qualcomm Technologies, Inc. recently announced 212 LTE IoT modem, single mode, NB2 IoT chipset which allows for less power consumption.

Read More: https://www.polarismarketresearch.com/industry-analysis/5g-iot-market

Thursday, November 5, 2020

5G System Integration Market size is expected to grow at a CAGR: 25.4% from 2020-2027

New York City, 5 Nov 2020: The global 5G system integration market size is expected to reach USD 45.5 billion by 2027 according to a new study by Polaris Market Research.

5G system integration refers to the process of strategically combining both the physical and virtual components of the enterprise through novel and advanced applications or systems to operate over the ultra-fast 5G network. There are a variety of applications of this system integration including, industrial sensors, smart city, gaming & mobile media, fast broadband/Ultra High Definition (UHD) television, industrial sensors and smart city.


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Some of the primary benefits of 5G system integration includes connected vehicles and smartphones. This system integration allows for seamless connectivity and ultra-high speed internet connection which is required for making the self-driving cars and autonomous vehicles a reality. 5G networks enable high-speed communication between all the things on the road or by the side of road including, gas stations, shops, etc. The integration allows seamless communication and data processing between the infrastructure, networks, vehicles and pedestrians. The usage of advanced 5G smartphones will soon become a trend as the users switch from the traditional 4G technology to 5G. These newest smartphones would have all the features that people desired for in their previous 4G-enabled phone that acts as a key benefit concerning the introduction of 5G system integration.

It also provides a major benefit over the previous technology with short lag times and unlimited browsing capacity. 5G system integration also promises next-generation immersive gaming experience in addition to the fast streaming and superior video quality. Some primary benefits also comprise of offering multisensory digital high-definition content driven by greater capacity that would support key technologies such as 3-Dimensional viewing, Augmented Reality (AR) and Virtual Reality (VR).

Some of the key factors driving the global market include, a notable increase in demand for ultra-high speed internet to reduce the response time for customers and rising popularity of Software-Defined Networking (SDN) and Network Function Visualization (NFV). Further, high adoption of collaborative robots and connected sensors also boost the demand for 5G services in order to develop superior connectivity that also contributes to the system integration market growth. According to the European Commission (EC), June 2020 publication, 11 novel horizon 2020 5G infrastructure projects that are under the 5G public-private partnership (5G-PPP) in Europe are expected to start in September 2020. The primary objective of this partnership is to capture key growth opportunities in development and innovation of 5G hardware across the cross-border corridor in Europe.

Market participants such as ALTRAN, AMDOCS, Atos Syntel, CA Technologies, Capgemini, Cisco Systems, Inc., Cognizant, ECI TELECOM, Ericsson, HCL Technologies Limited, HPE, Huawei Technologies Co., Ltd., IBM Corporation, Infosys Limited, Keysight Technologies, Oracle Corporation, Radisys Corporation, Samsung Electronics Co., Ltd., Sigma Systems, Tata Consultancy Services Limited, Tech Mahindra, Wipro Limited, and ZTE are some of the key players operating in the global market.

Players in the market have adopted product launch and acquisition strategies to strengthen their position in the medical drones market. For instance, in March 2020, Fujitsu has launched the first commercial private 5G network in Japan that also solidify its market position. Moreover, in May 2020, HCL Technologies has acquired Cisco’s self-optimising network (SON) technology to boost its 5G capabilities that also boost its market position.

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