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Global 5G Infrastructure Market to Boost in Coming Years – Projected to Reach USD 39,283.8 Million by 2028 | BlueWeave Consulting

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New Delhi, April 18, 2022 (GLOBE NEWSWIRE) — The global 5G Infrastructure market’s growth is attributable to the growing usage of IoT connected devices, emerging technologies, demand for ultra-low latency, and the existence of large-scale companies in the sector…

A recent study by the strategic consulting and market research firm; BlueWeave Consulting revealed that the global 5G Infrastructure market was worth USD 2,958.1 Million in 2021 and is anticipated to reach USD 39,283.8 Million by 2028 at a CAGR of 44.9% (2022-2028). Owing to the tremendous potential of 5G technology to deliver improved user experience for several cases, such as Ultra-high Definition (UHD) video, seamless video calling, Virtual Reality (VR) / Augmented Reality (AR) gaming, etc. The key players are constantly emphasizing on improving overall productivity, operational efficiency, and reducing costs. Owing to this, 5G infrastructure is expected to receive a boost during the forecast period.

Adoption Of Futuristic Technologies Coupled With Stable Network Connectivity Demand Driving The Market Growth

The large-scale integration of the latest technologies like Artificial Intelligence, Internet of Things, Machine Learning, cloud computing technologies, AR/VR gaming, etc. requires an uninterrupted network with faster internet connectivity and greater bandwidth. uninterrupted network with faster internet connectivity and greater bandwidth. The seamless 5G network is efficient in addressing the issues of these technologies. Moreover, the 5G infrastructure market is anticipated to transform various broadband services and strengthen connectivity across different end-user verticals. Major key companies are making massive investments in the development of 5G core services and architecture that also plays a vital role in the growth of the 5G infrastructure market.

 

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Frequency Band And Spectrum Availability Challenges Coupled With Data Concerns To Impede The Market Growth

With the transition from 4G to 5G, there is a growing demand for higher frequency bands and spectrums, thus reducing their availability and raising their prices. New use cases will emerge with the transition from 4G to 5G technology demanding for high-frequency bands. However, spectrum is being considered as a critical resource due to its availability and cost depending on which operators. Moreover, other factors like shortage of skilled labor, certain data privacy, and security concerns, etc. act as a challenge for the market growth of the 5G infrastructure market.

5G Standalone (NR + Core) Is Projected To Exhibit A Higher CAGR In 5G Infrastructure Market During The Forecast Period 2022-2028

Based on the network architecture, the 5G infrastructure market can be segmented into 5G NR Non-Standalone (LTE Combined) And 5G Standalone (NR + Core). Amidst the segmentation based on the network architecture, the 5G Standalone (NR + Core) is expected to have a higher growth rate in the coming years owing to 5G standalone being an independent network. The standalone network can interoperate with the existing 4G or LTE network in order to maintain a service continuum between these two network generations. The 5G non standalone accounted for the larger market share in 2021 due to the reason that it can leverage the existing 4G network infrastructure. It means that the providers can avoid completely reworking their core technologies to provide fast and reliable network.

Please Visit Press Release of 5G Infrastructure Market: https://www.blueweaveconsulting.com/press-release/global-5g-infrastructure-market-projected-to-reach-usd-39-283-8-million-by-2028

Above 6 GHz Or mm Wave Projected to Grow with A Higher CAGR During The Forecast Period

Based on the operational frequency, the 5G infrastructure market can be segmented into Sub 6 Ghz And Above 6 Ghz. Amidst the segmentation based on the operational frequencies, the above 6 GHz is expected to have a higher growth rate in the coming years. Frequencies such as 26 GHz and 28 GHz bands in above 6 GHz band tend to support spectrum harmonization, and reduce handset complexity, economies of scale, and early equipment availability. The availability of harmonized 5G spectrum in these bands is essential to enable fast 5G speeds, low-cost devices, international roaming, and minimize cross-border interference. In terms of revenue, sub-6 GHz dominated the market for 5G infrastructure with larger market share in 2021.

Impact of COVID-19 on the 5G Infrastructure Market

The deadly COVID-19 pandemic has affected the global value and supply chains through bottlenecks in raw material access, production, and distribution. It had a disastrous effect on the global 5G Infrastructure market. The outbreak of COVID-19 led to the delay in the implementation of the 5G infrastructure. Moreover, due to the COVID-19 pandemic, key countries such as China and the U.S. saw a heavy decline in the exports of telecom equipment for 5G New Radios (NR) to the global market. The plans of major players in the sector were disrupted. For instance, Huawei declared delays in launching 5G mobile networks in Europe.

North America Dominates the 5G Infrastructure Market while Asia-Pacific to witness the highest growth during the forecast period

Amidst the segmentation based on region, North America accounted for the largest market share owing to extensive R&D activities. Furthermore, the high adoption rate of the latest and advanced technologies including Internet of Things (IoT), wearable technology, autonomous or connected cars make it a world leader in the field of 5G technology. On the other hand, the highest CAGR is anticipated to be exhibited bt the Asia-Pacific. It can be attributed to growing economies, growing demand for smart technologies supported by reliable 5G networks. The government of the counties are taking many initiatives to launch smart cities, which would be dependent on the 5G technology heavily for their smooth functioning. Moreover, the presence of numerous large-scale 5G providers such as Hitachi, Fujitsu, Panaso in countries such as India, China, and Japan are likely to contribute to the growth of Asia-Pacific region.

Competitive Landscape

The 5G Infrastructure market is a fragmented market with numerous players serving the market. The key players dominating the global 5G Infrastructure market are Huawei, Nokia, Ericsson, ZTE, Samsung, NEC, Cisco, Qualcomm, Intel, Skyworks, Mediatek, Marvell, Qorvo, AT&T, Verizon Ltd., CommScope Inc., Corning Incorporated, Hewlett Packard Ent and other prominent players. The key marketing strategies adopted by the players are extensive investments in research and development, new and advanced product launches, collaborations, partnerships and acquisition to expand their customer reach.

Don’t miss the business opportunity of the global 5G infrastructure market. Consult our analysts to gain crucial insights and facilitate your business growth.

The report’s in-depth analysis provides information about growth potential, upcoming trends, and the global 5G Infrastructure market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the global 5G Infrastructure market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

Recent Development

  • November 2021: Ericsson, a Stockholm based company, declared that it was planning to acquire Vonage, a NEW-Jersey based communication platform for $6.2 billion in order to offer tools for implanting communication services in 5G applications running on the company’s telecom as well as enterprise infrastructure products. As a result, Ericsson would gain more than 1 million developers capable of embedding video, messaging and voice services in software and Vonage would obtain global reach.
  • February 2020: Mavenir entered into a strategic partnership with Turkcell, Turkey’s major digital operator. The alliance formed to test and deploy OpenRAN vRAN within the Turkcell Group. The Mavenir vRAN architecture and platform to support 4G and both the NSA and SA implementations of 5G NR. The Virtual RAN solution to be deployed on Turkcell Telco Cloud, and to go live on Turkcell Edge Cloud.

Scope of Report:

Attribute   Details  
Years Considered   Historical data- 2018-2021
Base Year- 2021
Forecast- 2022-2028
Facts Covered   Revenue in USD Million  
Market Coverage   United States, Canada, Germany, United Kingdom, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, United Arab Emirates, South Africa  
Product/Service Segmentation   By communication infrastructure, by core network technology, by network architecture, by operational frequency, by end user, by region.
Key Players   The key players dominating the global 5G Infrastructure market are Huawei, Nokia, Ericsson, ZTE, Samsung, NEC, Cisco, Qualcomm, Intel, Skyworks, Mediatek, Marvell, Qorvo, AT&T, Verizon Ltd., CommScope Inc., Corning Incorporated, Hewlett Packard Ent and other prominent players.

By Communication Infrastructure Type  

  • Small Cell
  • Macro Cell
  • Others

By Core Network Technology

  • Software-Defined Networking (SDN)
  • Network Function Virtualization (NFV)

By Network Architecture

  • 5g NR Non-Standalone (LTE Combined)
  • 5g Standalone (NF + Core)

By Operational Frequency

  • Sub 6 GHz
  • Above 6 GHz

By End-User

  • Residential
  • Commercial
  • Industrial
  • Government

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle-East and Africa

Please Find Below Some Related Topics:

About Us

Blue Weave Consulting provides all-inclusive Market Intelligence (MI) Solutions to businesses regarding various products and services online & offline. We offer comprehensive market research reports by analyzing qualitative and quantitative data to boost your business solution’s performance. BWC has built its reputation from scratch by delivering quality inputs and nourishing long-lasting relationships with its clients. We are a promising digital MI solutions company providing agile assistance to make your business endeavors successful.

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HKPC and HP Launch Joint Technology Centre in Hong Kong on Advanced 3D Printing

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HONG KONG, May 7, 2024 /PRNewswire/ — Hong Kong Productivity Council (HKPC) and HP signed a collaboration agreement (agreement) today to establish the HKPC-HP 3D Printing Technology Centre (Centre) in Hong Kong for application research development on additive manufacturing, also known as 3D printing. The Centre aims to become a pilot transformation base, applying advanced 3D printing technologies to empower various industries, sharpen their competitive edge, and foster the development of high-value strategic industrial chains. It will also accelerate Hong Kong’s pioneering effort in micro-factory and new industrialisation development, offering important references and inspiration worldwide in the pursuit of innovative and sustainable development.

The Centre will be located in the HKPC Building, being the first in Asia to be equipped with both HP’s research version of “Metal Jet” and “Multi Jet Fusion” industrial 3D printers. HP will bring advanced equipment and talent to support the operations of the Centre, and HKPC will contribute expertise in raw material development, process development, and smartification. Market research data estimate that the value of the 3D printing industry will reach US$186.4 billion by 2033, a significant increase from US$27.7 billion in 2023, indicating the immense market potential.
Clean, digitally powered 3D printing generates minimal waste and a minimal carbon footprint. This aligns with global goals of achieving green and sustainable development, while also promoting long-term economic growth through sustainable industries. At the same time, advanced 3D printing provides significant opportunities in strategic industries, such as healthtech, critical components, electronics, and more. In the future, the Centre, with its focus on customisation and precision, can be a game-changer in meeting the demand for hard-to-source parts, complex structures, patient-specific implants, and other tools. This will enable enterprises, especially small and medium enterprises (SMEs), to leverage advanced 3D printing technology and produce high-value, customised goods that can respond to market-specific demands in real-time, offering new levels of flexibility and efficiency that conventional factories are unable to meet.
In the ceremony, Professor Dong SUN, JP, Secretary for Innovation, Technology and Industry, HKSAR Government, said, “3D printing enables the development of more micro-factories in Hong Kong.  Compared to the traditional one, micro-factories require less land and materials, generate higher efficiency but less waste. This best suits Hong Kong’s condition, where land resources are limited and labour costs are relatively high. The establishment of this 3D printing technology centre is undoubtedly a good answer to show how we make use of state-of-the-art technology to promote advanced manufacturing and new industrialisation in Hong Kong. I am confident that Hong Kong’s manufacturing industry will reach new heights, and ‘Made in Hong Kong’ will continue to be a reputable and brilliant international brand. I look forward to more representative technology companies from all around the globe, such as HP to team up with our I&T quangoes, such as HKPC, bringing talents, technologies and machinery to Hong Kong to redefine Hong Kong’s manufacturing industry and drive high-quality economic growth.”  
Hon Sunny TAN, Chairman of HKPC, said, “We’re very pleased to form this research collaboration with HP, underscoring the confidence that global technology firms have in Hong Kong’s strengths in innovation. As an international innovation and technology centre, Hong Kong can be a paragon of the micro-factory city of the future that provides Hong Kong’s answer to develop new productive forces and set a fine example in Asia and across the globe to pursue innovation-driven, sustainable development. Hong Kong’s unique conditions make it particularly suitable for the development of micro-factories. The vibrant ecosystem in Hong Kong, combined with the robust supply chains in the Guangdong-Hong Kong-Macao Greater Bay Area, will provide an excellent pilot transformation base for the development of micro-factories, with significant implications for economies in Asia and worldwide.”
Mr Ramon PASTOR, Global Head of 3D Metals at HP Personalisation & 3D Printing, said, “It’s truly exciting to witness the launch of this collaborative effort between HKPC and HP, which aligns perfectly with our vision of leveraging Additive Manufacturing to drive industrialisation. This initiative not only showcases our dedication to technological advancement but also our shared vision for propelling industry innovation forward. HP believes in the immense potential of Hong Kong’s technology sector. We are also glad to bring in Pro-Technic Machinery Ltd. (Pro-Technic) to provide local support for our collaboration with HKPC.”
The Centre is planned to open in September, serving as a networking hub to promote closer collaboration among academia, research institutions and industries, empowering diverse sectors to grasp market trends. In addition to application development, the Centre will also provide consultancy and training services, driving advancements and propelling the 3D printing industry, as well as other industries utilising 3D printing technologies, forward.
About Hong Kong Productivity Council 
The Hong Kong Productivity Council (HKPC) is a multi-disciplinary organisation established by statute in 1967, to promote productivity excellence through relentless drive of world-class advanced technologies and innovative service offerings to support Hong Kong enterprises. Being a key enabler of Industry 4.0 and Enterprise 4.0, HKPC strives to facilitate new industrialisation in Hong Kong, as well as bolstering Hong Kong to be an international innovation and technology centre and a smart city. The Council offers comprehensive innovative solutions for Hong Kong industries and enterprises, enabling them to achieve resources and productivity utilisation, effectiveness and cost reduction, and enhance competitiveness in both local and overseas marketplace. The Council partners and collaborates with local industries and enterprises and world-class R&D institutes to develop applied technology solutions for value creation. It also benefits a variety of sectors through product innovation, technology transfer, and commercialisation, bringing enormous business opportunities ahead. HKPC’s world-class R&D achievements have been widely recognised over the years, winning an array of local and overseas accolades.   
In addition, HKPC offers SMEs and startups immediate and timely assistance in coping with the ever-changing business environment, and strengthens talent nurturing and Hong Kong’s competitiveness with FutureSkills training for enterprises and academia to enhance digital capabilities and TechEd competencies.
For more information, please visit HKPC’s website: www.hkpc.org/en.  
About HP
HP Inc. (NYSE: HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and more. For more information, please visit: http://www.hp.com.
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ShipFlex from Locus Expands Global Carrier Network to Over 160 Carriers, Enhancing Multi-Carrier Parcel Management Capabilities

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SAN FRANCISCO, May 7, 2024 /PRNewswire/ — Locus.sh, a global AI-powered integrated logistics management SaaS company, announced its global carrier network for ShipFlex (its innovative multi-carrier parcel management solution) now has over 160 carriers. This significant expansion reflects ShipFlex’s continued commitment to redefining flexibility and efficiency in logistics for shippers globally.

“By efficiently broadening our carrier network globally, ShipFlex stands out as a marketing-leading offering that has the agility to cater to shippers’ fulfillment needs across diverse geographies, industries, fulfillment models, and fleet types, among other variables crucial to shippers,” said Nishith Rastogi, Founder and CEO of Locus.
For retail, manufacturing, and consumer packaged goods (CPG) companies that outsource their deliveries, ShipFlex stands out as a powerful ally as it optimizes fulfilmment operations across captive, contracted, outsourced and even hybrid fleets. “These sectors prize end-to-end optimization of operations and costs to deliver exemplary customer experiences. By automating decision-making around selecting third-party delivery providers, ShipFlex empowers shippers to meet both current and future demands efficiently across diverse fleet types used by these industries,” added Rastogi.
ShipFlex automates multi-carrier deliveries tailored to specific business constraints regarding cost, speed, and efficiency. The platform simplifies the logistics of sourcing additional capacity and assigning shipments, all from a single dashboard.
The solution enhances dispatch flexibility with its capacity to integrate various carriers easily. It provides end-to-end visibility of the order journey, including real-time status updates and customer notifications, ensuring a top-notch post-purchase experience and minimizing delivery re-attempts.
About Locus
Locus’ order-to-delivery AI-powered dispatch and transport management software helps enterprises transform their logistics from cost centers to revenue generators through advanced optimization algorithms and intuitive workflow automation. Backed by GIC Singapore, Tiger Global, and Qualcomm Ventures, it has helped 200+ global customers across industries – Unilever, Nestle, BlueDart-DHL, etc. – execute over 1 billion deliveries across USA, Southeast Asia, the Middle East, and the Indian subcontinent.
www.locus.sh 
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Metacon and Siemens enter into collaboration for the manufacture of systems for green hydrogen production

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STOCKHOLM, May 7, 2024 /PRNewswire/ — Metacon AB (publ) and Siemens AB have signed a Memorandum of Understanding to enter into a partnership with the aim of accelerating the manufacturing of hydrogen production systems in Sweden, for the European market.

At the beginning of the year, Metacon announced that the company has been granted exclusive rights for the manufacture of complete electrolysis plants based on the partner PERIC’s world-leading technology for pressurized alkaline electrolysis modules (stacks). One of the key components of PERIC’s alkaline technology is efficient and proven 5 MW modules with over 10 years of operating data. Metacon also has access to the 10 MW module that PERIC recently launched and which today, in terms of power and production, is one of the world’s largest. The rights apply to most European countries and mean that Metacon can start from a proven technology that has been developed and refined for over 60 years, and make the adaptations required to match the requirements for safety and automation found in European standards for hydrogen production. With the exclusive right, Metacon now aims to become one of the market leaders in Europe for this type of large-scale hydrogen plants.
The joint MoU means that Siemens will become a technology partner to Metacon to contribute with its solid experience in delivering products, solutions and services in automation, power distribution, electrification, instrumentation, building technology and drives. Siemens will also be able to contribute with its wide range of digital services and software for optimisation, standardisation and simulation during both the manufacturing and operational phases of hydrogen plants.
“Hydrogen is an important piece of the puzzle in the industrial, energy and transport sectors to become CO2 neutral, and is the focus of Siemens’ global investment in Power-to-X. The partnership with Metacon marks a milestone in our quest to create a more sustainable world by, among other things, developing innovative solutions for the energy sector,” says Mikael Kraft, Head of Factory Automation and Sales at Siemens Digital Industries.
“Metacon has big plans for the investment in the manufacture and sale of large-scale electrolysis plants to, among others, the basic industry, the wind power sector and the transport sector in Europe. I have a hard time imagining a better partner on such a journey than Siemens. With its world-leading portfolio of technology, expertise and long-standing experience of similar projects, this partnership gives us the opportunity to both accelerate and optimize central parts of our unique Gigafactory project,” says Christer Wikner, CEO and President, Metacon.
For further information, please contact Christer Wikner, by phone 0707-647389 or e-mail [email protected]
About Metacon
Metacon AB (publ) develops and manufactures energy systems for the production of fossil-free “green” hydrogen. The products in the Reforming business area are based, among other things, on a patented technology that generates hydrogen through so-called catalytic steam reforming of biogas or other hydrocarbons. The development of Metacon’s reforming products is done within the wholly owned subsidiary Metacon S.A in Patras, Greece. The business is focused on catalytic process chemistry and advanced reformers for high-efficiency hydrogen production.
Metacon also offers complete electrolysis plants and integrated refueling stations for green hydrogen, a large and globally growing area for the production of green hydrogen. Electrolysis is a process of driving a chemical reaction to split water by adding electricity. If the electricity used is non-fossil, the hydrogen will also be fossil-free and climate-neutral. Green hydrogen can be used in sectors such as transport, basic industry and the real estate sector, with a better environment and climate as a result. www.metacon.com
About Siemens
Siemens AG (Berlin and Munich) is a technology company with a focus on industry, infrastructure, transport and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more convenient transportation and advanced healthcare, the company is developing technologies to create real value for customers and users. By combining the real and digital worlds, Siemens empowers its customers to transform their businesses and markets, helping them transform the lives of billions of people. Siemens owns a majority stake in the listed company Siemens Healthineers, a global leading medical device provider that is shaping the future of healthcare.
In the 2023 financial year ended September 30, 2023, the Siemens Group generated revenues of €77.8 billion and net profit of €8.5 billion. As of September 30, 2023, the company had approximately 320,000 employees worldwide. During the same period, Siemens in Sweden generated revenues of SEK 6.9 billion and employed approximately 1,500 people. For more information, see www.siemens.com and www.siemens.se. 
For more information see:www.metacon.com | X: @Metaconab | LinkedIn: www.linkedin.com/company/metaconab
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