Table of Content

1 INTRODUCTION 30
1.1 STUDY OBJECTIVES 30
1.2 MARKET DEFINITION AND SCOPE 30
1.3 INCLUSIONS AND EXCLUSIONS 31
1.4 STUDY SCOPE 32
1.4.1 MARKETS COVERED 32
FIGURE 1 5G ENTERPRISE MARKET SEGMENTATION 32
1.4.2 YEARS CONSIDERED 33
1.5 CURRENCY 33
1.6 STAKEHOLDERS 33
1.7 LIMITATIONS 34
1.8 SUMMARY OF CHANGES 34
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH DATA 36
FIGURE 2 5G ENTERPRISE MARKET: RESEARCH DESIGN 36
2.1.1 SECONDARY AND PRIMARY RESEARCH 37
2.1.2 SECONDARY DATA 37
2.1.2.1 Major secondary sources 38
2.1.2.2 Key data from secondary sources 39
2.1.3 PRIMARY DATA 39
2.1.3.1 Primary interviews with experts 40
2.1.3.2 Key data from primary sources 40
2.1.3.3 Breakdown of primaries 41
2.1.3.4 Key industry insights 42
2.2 MARKET SIZE ESTIMATION 42
FIGURE 3 RESEARCH METHODOLOGY: APPROACH 43
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: REVENUE OF MARKET PLAYERS 43
2.2.1 BOTTOM-UP APPROACH 44
FIGURE 5 5G ENTERPRISE MARKET: BOTTOM-UP APPROACH 45
2.2.2 TOP-DOWN APPROACH 45
2.2.2.1 Approach for arriving at market size by top-down analysis
(supply side) 45
FIGURE 6 5G ENTERPRISE MARKET: TOP-DOWN APPROACH 45
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 46
FIGURE 7 DATA TRIANGULATION 46
2.4 RISK ASSESSMENT 47
TABLE 1 RISK FACTORS ANALYSIS 47
?
2.5 FORECASTING ASSUMPTIONS 48
2.6 RESEARCH ASSUMPTIONS 49
3 EXECUTIVE SUMMARY 50
FIGURE 8 5G ENTERPRISE MARKET: HOLISTIC VIEW 51
FIGURE 9 5G ENTERPRISE MARKET: GROWTH TREND 51
3.1 5G ENTERPRISE MARKET SCENARIO 52
FIGURE 10 5G ENTERPRISE MARKET SCENARIO: OPTIMISTIC, REALISTIC,
AND PESSIMISTIC 52
TABLE 2 5G ENTERPRISE MARKET SCENARIO 52
FIGURE 11 HYBRID NETWORK CAPTURED LARGER MARKET SHARE IN 2020 53
FIGURE 12 PRIVATE ENTERPRISES TO WITNESS HIGHER CAGR IN 5G ENTERPRISE MARKET FROM 2021 TO 2027 53
FIGURE 13 ACCESS EQUIPMENT HELD MAJOR MARKET SIZE IN 2020 54
FIGURE 14 UNLICENSED/SHARED SPECTRUM TO WITNESS HIGHER CAGR THAN LICENSED SPECTRUM IN 5G ENTERPRISE MARKET FROM 2021 TO 2027 54
FIGURE 15 MMWAVE SEGMENT TO DOMINATE 5G ENTERPRISE MARKET IN
COMING YEARS 55
FIGURE 16 LARGE ENTERPRISES TO ACCOUNT FOR LARGER SIZE OF 5G ENTERPRISE MARKET IN 2027 55
FIGURE 17 COMMUNICATION APPLICATION HELD MAJOR MARKET SIZE IN 2020 56
FIGURE 18 MANUFACTURING VERTICAL ACCOUNTED FOR LARGEST MARKET
SHARE IN 2020 56
FIGURE 19 APAC IS PROJECTED TO WITNESS HIGHEST GROWTH RATE IN 5G ENTERPRISE MARKET DURING FORECAST PERIOD 57
4 PREMIUM INSIGHTS 58
4.1 ATTRACTIVE OPPORTUNITIES IN 5G ENTERPRISE MARKET 58
FIGURE 20 RISING DEMAND FOR HIGH-SPEED AND IMPROVED NETWORK COVERAGE TO PROPEL 5G ENTERPRISE MARKET GROWTH FROM 2021 TO 2027 58
4.2 5G ENTERPRISE MARKET, BY NETWORK TYPE 58
FIGURE 21 PRIVATE NETWORK TO REGISTER HIGHER CAGR THAN HYBRID NETWORK IN 5G ENTERPRISE MARKET DURING FORECAST PERIOD 58
4.3 5G ENTERPRISE MARKET, BY OPERATOR MODEL 59
FIGURE 22 COMMUNICATION SERVICE PROVIDERS TO HOLD LARGER SHARE OF 5G ENTERPRISE MARKET IN 2027 59
4.4 5G ENTERPRISE MARKET, BY INFRASTRUCTURE 59
FIGURE 23 CORE NETWORK TECHNOLOGY TO EXHIBIT HIGHER CAGR IN 5G ENTERPRISE MARKET DURING FORECAST PERIOD 59
4.5 5G ENTERPRISE MARKET, BY SPECTRUM 60
FIGURE 24 LICENSED SPECTRUM TO CAPTURE LARGER SIZE OF 5G ENTERPRISE MARKET IN 2027 60
4.6 5G ENTERPRISE MARKET, BY ORGANIZATION SIZE 60
FIGURE 25 SMALL AND MEDIUM-SIZED ENTERPRISES TO REGISTER HIGHEST CAGR IN 5G ENTERPRISE MARKET DURING 2021–2026 60
?
4.7 5G ENTERPRISE MARKET IN APAC, BY COUNTRY AND FREQUENCY BAND 61
FIGURE 26 MMWAVE 5G ENTERPRISE NETWORKS TO HOLD LARGER MARKET SHARE
IN APAC IN 2027 61
4.8 5G ENTERPRISE MARKET, BY APPLICATION 61
FIGURE 27 COMMUNICATION APPLICATION TO HOLD SIGNIFICANTLY LARGER SIZE
OF 5G ENTERPRISE MARKET IN 2027 61
4.9 5G ENTERPRISE MARKET, BY VERTICAL 62
FIGURE 28 MANUFACTURING VERTICAL TO HOLD LARGEST MARKET SIZE IN
5G ENTERPRISE MARKET FROM 2021 TO 2027 62
4.10 5G ENTERPRISE MARKET, BY REGION (USD MILLION) 62
FIGURE 29 APAC TO RECORD HIGHEST CAGR IN 5G ENTERPRISE MARKET DURING FORECAST PERIOD 62
5 MARKET OVERVIEW 63
5.1 INTRODUCTION 63
5.2 MARKET DYNAMICS 63
FIGURE 30 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: 5G ENTERPRISE MARKET 63
5.2.1 DRIVERS 64
FIGURE 31 5G ENTERPRISE MARKET DRIVERS AND THEIR IMPACT 64
5.2.1.1 Emergence of Industry 4.0 paving way for mMTC 64
FIGURE 32 GLOBAL INTERNET OF THINGS CONNECTIONS (BILLION) 65
5.2.1.2 Development of smart infrastructure 65
5.2.1.3 Delivery of differentiated 5G services using network slicing technique 65
5.2.2 RESTRAINTS 66
FIGURE 33 5G ENTERPRISE MARKET RESTRAINTS AND THEIR IMPACT 66
5.2.2.1 Adoption of Wi-Fi communication technology by enterprises 66
5.2.2.2 Security concerns in 5G core network 66
FIGURE 34 5G SECURITY THREAT LANDSCAPE 67
5.2.3 OPPORTUNITIES 67
FIGURE 35 5G ENTERPRISE MARKET OPPORTUNITIES AND THEIR IMPACT 67
5.2.3.1 Low latency connectivity with uRLLC 68
FIGURE 36 REVENUE STREAMS FOR 5G SOLUTIONS 68
5.2.3.2 Increasing demand for private 5G networks from various enterprises and government organizations for mission-critical applications 68
FIGURE 37 KEY FUNCTIONAL AREAS TO DEPLOY PRIVATE WIRELESS NETWORKS IN MANUFACTURING 69
5.2.4 CHALLENGES 69
FIGURE 38 5G ENTERPRISE MARKET CHALLENGES AND THEIR IMPACT 69
5.2.4.1 Requirement for high spending capability of carriers to set up 5G infrastructure 70
5.3 REVENUE SHIFT AND NEW REVENUE POCKETS FOR 5G INFRASTRUCTURE MARKET 71
FIGURE 39 REVENUE SHIFT IN 5G INFRASTRUCTURE MARKET 71
?
5.4 SUPPLY CHAIN ANALYSIS 71
FIGURE 40 5G ENTERPRISE MARKET: SUPPLY CHAIN ANALYSIS 72
5.4.1 TELECOM ORIGINAL EQUIPMENT MANUFACTURERS 72
5.4.2 5G RADIO HARDWARE PROVIDERS 72
5.4.3 5G CORE NETWORK COMPONENT PROVIDERS 72
5.4.4 5G TRANSPORT NETWORK PROVIDERS 72
5.4.5 NFV/SDN/CLOUD SERVICE PROVIDERS 72
5.4.6 SYSTEM INTEGRATORS/MANAGED SERVICE PROVIDERS 73
5.4.7 END USERS 73
5.5 ECOSYSTEM 73
FIGURE 41 5G TECHNOLOGY ECOSYSTEM 73
TABLE 3 5G ENTERPRISE MARKET: ECOSYSTEM 74
5.6 PATENT ANALYSIS 76
FIGURE 42 PATENT ANALYSIS 76
TABLE 4 NOTICEABLE 5G RELATED PATENTS 76
5.7 TECHNOLOGY ANALYSIS 78
5.7.1 INTRODUCTION 78
5.7.2 CLOUD VIRTUAL & AUGMENTED REALITY (AR/VR) 78
5.7.3 CONNECTED AUTOMOTIVE 78
5.7.4 SMART MANUFACTURING 78
5.7.5 SMART GRID 78
5.7.6 SMART HEALTH 78
5.7.7 CONNECTED DRONES 78
5.7.8 SMART CITIES 78
5.7.9 CBRS 79
FIGURE 43 THREE-TIER MODEL FOR CBRS SPECTRUM ACCESS 79
5.7.10 MULTEFIRE 80
5.8 COVID-19 MARKET OUTLOOK FOR 5G ENTERPRISES 80
5.8.1 EMERGING 5G APPLICATIONS 80
5.8.2 RISING DIGITALIZATION 80
5.8.3 SUPPLY CHAIN DISRUPTION 80
5.8.4 DELAY IN RELEASE OF 5G SPECIFICATIONS 81
5.9 PORTER’S FIVE FORCES ANALYSIS 81
TABLE 5 5G ENTERPRISE MARKET: PORTER’S FIVE FORCES ANALYSIS 81
FIGURE 44 5G ENTERPRISE: PORTER’S FIVE FORCES ANALYSIS 82
5.9.1 COMPETITIVE RIVALRY 82
FIGURE 45 HIGH FIXED COST WOULD HAVE MAJOR IMPACT ON 5G ENTERPRISE MARKET 82
5.9.2 THREAT OF NEW ENTRANTS 83
FIGURE 46 STRINGENT GOVERNMENT REGULATIONS HINDER NEW ENTRANTS TO ENTER 5G ENTERPRISE MARKET 83
5.9.3 THREAT OF SUBSTITUTES 84
FIGURE 47 SUBSTITUTE COST HAS MAJOR IMPACT ON 5G ENTERPRISE MARKET 84
5.9.4 BARGAINING POWER OF BUYERS 84
FIGURE 48 ROLE OF BRAND IMPACTS LARGELY ON BARGAINING POWER OF BUYERS 84
5.9.5 BARGAINING POWER OF SUPPLIERS 85
FIGURE 49 NUMBER OF BUYERS MAXIMIZES BARGAINING POWER OF SUPPLIERS IN
5G ENTERPRISE MARKET 85
5.10 PRICING ANALYSIS 86
FIGURE 50 AVERAGE SELLING PRICE ANALYSIS 86
TABLE 6 AVERAGE SELLING PRICE OF SMALL CELLS AND E-RAN SOLUTIONS,
2020–2027 86
5.11 TRADE ANALYSIS 87
TABLE 7 IMPORT DATA OF UNITS FOR BASE STATIONS OF APPARATUS FOR TRANSMISSION OR RECEPTION OF VOICE, IMAGES, OR OTHER DATA,
BY COUNTRY, 2016–2019 (USD MILLION) 87
FIGURE 51 IMPORT DATA FOR HS CODE 851761 FOR TOP FIVE COUNTRIES IN
5G ENTERPRISE MARKET, 2016-2019 (USD MILLION) 87
TABLE 8 EXPORT DATA OF UNITS FOR BASE STATIONS OF APPARATUS FOR TRANSMISSION OR RECEPTION OF VOICE, IMAGES, OR OTHER DATA,
BY COUNTRY, 2016–2019 (USD MILLION) 88
FIGURE 52 EXPORT DATA FOR HS CODE 851761 FOR TOP FIVE COUNTRIES IN
5G ENTERPRISE MARKET, 2016–2019 (USD MILLION) 88
5.12 TARIFF AND REGULATORY LANDSCAPE 89
6 INDUSTRY TRENDS IN 5G ENTERPRISE MARKET 90
6.1 PRIVATE 5G NETWORK INDUSTRY TRENDS 90
6.1.1 INDUSTRY TRENDS 90
6.1.1.1 Ultra-reliable low-latency communication (uRLLC) 90
6.1.1.2 Massive machine-type communication (mMTC) 90
6.1.1.3 Enhanced mobile broadband (eMBB) 90
6.2 USE CASES 90
6.2.1 AIRPORTS 90
6.2.2 SEAPORTS 91
6.2.3 TELEMEDICINE 91
6.2.4 INDUSTRY 4.0 92
6.2.5 OIL & GAS 93
6.2.6 MINING 93
6.3 MARKET DRIVERS FOR PRIVATE 5G NETWORKS 93
6.3.1 PRIVATE 5G NETWORK DRIVERS 93
6.3.1.1 Network range 93
6.3.1.2 Network capacity 93
6.3.1.3 High QoS 93
6.3.1.4 Developed ecosystem 93
6.3.1.5 Device support 93
6.3.1.6 Security 94
6.3.1.7 Frequency spectrum 94
6.4 SPECTRUM OPPORTUNITY 94
6.4.1 NORTH AMERICA 94
6.4.1.1 US 94
6.4.1.2 Canada 95
6.4.1.3 Mexico 95
6.4.2 EUROPE 95
6.4.2.1 UK 96
6.4.2.2 Germany 96
6.4.2.3 Rest of Europe 97
6.4.3 APAC 97
6.4.3.1 China 97
6.4.3.2 Japan 98
6.4.3.3 Australia 98
6.4.3.4 South Korea 98
6.4.4 REST OF THE WORLD 98
6.4.4.1 Middle East and Africa 98
6.4.4.2 South America 99
6.5 INVESTMENTS 100
6.5.1 US 100
6.5.2 CANADA 100
6.5.3 UK 102
6.5.4 GERMANY 102
6.5.5 CHINA 102
6.5.6 JAPAN 103
6.5.7 AUSTRALIA 104
6.5.8 SOUTH KOREA 104
6.5.9 REST OF THE WORLD 105
6.6 PRIVATE NETWORK DEPLOYMENT MODELS 105
FIGURE 53 DEPLOYMENT MODELS FOR PRIVATE NETWORKS 106
6.7 3GPP INITIATIVES SUPPORTING PRIVATE 5G NETWORKS FOR IIOT 107
TABLE 9 SUMMARY OF 3GPP INITIATIVES SUPPORTING PRIVATE
5G NETWORKS FOR IIOT 108
7 5G ENTERPRISE MARKET, BY NETWORK TYPE 109
7.1 INTRODUCTION 110
FIGURE 54 PRIVATE NETWORK SEGMENT OF 5G ENTERPRISE MARKET TO GROW AT HIGHEST CAGR FROM 2021 TO 2027 110
TABLE 10 5G ENTERPRISE MARKET, BY NETWORK TYPE, 2021–2027 (USD MILLION) 110
7.2 HYBRID NETWORK 111
7.2.1 HYBRID MODEL SUPPORTS PUBLIC AND PRIVATE NETWORKS PROVIDED BY COMMUNICATION SERVICE PROVIDERS 111
?
7.3 PRIVATE NETWORK 111
7.3.1 PRIVATE NETWORK ARE EXPECTED TO EXHIBIT HIGHER CAGR IN
5G ENTERPRISE MARKET DURING FORECAST PERIOD 111
TABLE 11 5G ENTERPRISE MARKET FOR PRIVATE NETWORK, BY TYPE,
2021–2027 (USD MILLION) 111
7.3.2 ENTERPRISE NETWORK 112
7.3.2.1 Enterprises are undergoing digital transformation across different verticals, thereby creating need for dedicated connected networks 112
TABLE 12 POTENTIAL INDUSTRIAL SITES FOR PRIVATE WIRELESS NETWORKS 112
7.3.3 COMMUNICATION SERVICE PROVIDER NETWORK 113
7.3.3.1 CSPs worldwide are developing 5G SA network to provide high-speed connectivity to consumers 113
8 5G ENTERPRISE MARKET, BY OPERATOR MODEL 114
8.1 INTRODUCTION 115
FIGURE 55 COMMUNICATION SERVICE PROVIDERS TO CAPTURE LARGER SIZE OF
5G ENTERPRISE MARKET IN 2021 115
TABLE 13 5G ENTERPRISE MARKET, BY OPERATOR MODEL,
2021–2027 (USD MILLION) 115
8.2 COMMUNICATION SERVICE PROVIDERS 116
8.2.1 TELECOMMUNICATIONS INDUSTRY STANDS ON BRINK OF PIVOTAL
NEW ERA OF CONNECTIVITY 116
TABLE 14 COMMUNICATION SERVICE PROVIDER (CSP): CAPITAL EXPENDITURE,
2017–2019 (USD MILLION) 116
8.3 PRIVATE ENTERPRISES 118
8.3.1 PRIVATE NETWORKS UTILIZE NETWORK ISOLATION, DATA PROTECTION,
AND DEVICE/USER AUTHENTICATION TO PROTECT KEY ASSETS 118
TABLE 15 SHARED SPECTRUM FOR PRIVATE ENTERPRISE NETWORKS 118
9 5G ENTERPRISE MARKET, BY INFRASTRUCTURE 120
9.1 INTRODUCTION 121
FIGURE 56 CORE NETWORK TECHNOLOGY TO REGISTER HIGHER CAGR IN
5G ENTERPRISE MARKET DURING FORECAST PERIOD 121
TABLE 16 5G ENTERPRISE MARKET, BY INFRASTRUCTURE, 2021–2027 (USD MILLION) 121
9.2 ACCESS EQUIPMENT 122
TABLE 17 5G ENTERPRISE MARKET, BY ACCESS EQUIPMENT,
2021–2027 (USD MILLION) 122
TABLE 18 5G ENTERPRISE MARKET, BY ACCESS EQUIPMENT,
2021–2027 (THOUSAND UNITS) 122
TABLE 19 5G ENTERPRISE MARKET FOR ACCESS EQUIPMENT, BY REGION,
2021–2027 (USD MILLION) 123
9.2.1 SMALL CELLS 123
9.2.1.1 Network operators deploy small cells to provide faster data speeds and more reliable services 123
9.2.2 E-RAN SOLUTIONS 124
9.2.2.1 E-RAN is advanced cellular network architecture for 5G enterprises 124
9.3 CORE NETWORK TECHNOLOGY 125
TABLE 20 5G ENTERPRISE MARKET, BY CORE NETWORK TECHNOLOGY,
2021–2027 (USD MILLION) 125
TABLE 21 5G ENTERPRISE MARKET FOR CORE NETWORK TECHNOLOGY, BY REGION, 2021–2027 (USD MILLION) 125
9.3.1 SOFTWARE-DEFINED NETWORKING (SDN) 126
9.3.1.1 SDN is dynamic and cost-effective technology that helps operators to make quick changes in network according to business requirements 126
9.3.2 NETWORK FUNCTIONS VIRTUALIZATION (NFV) 126
9.3.2.1 NFV assists network operators in implementing different network functions via software solutions 126
10 5G ENTERPRISE MARKET, BY SPECTRUM 127
10.1 INTRODUCTION 128
FIGURE 57 LICENSED SPECTRUM TO HOLD SIGNIFICANT SIZE OF 5G ENTERPRISE MARKET THROUGHOUT FORECAST PERIOD 128
TABLE 22 5G ENTERPRISE MARKET, BY SPECTRUM, 2021–2027 (USD MILLION) 128
10.2 LICENSED 129
10.2.1 LICENSED SPECTRUM IS EXPECTED TO REMAIN AS CORE 5G SPECTRUM MANAGEMENT APPROACH 129
10.3 UNLICENSED/SHARED 129
10.3.1 SPECTRUM SHARING AND UNLICENSED BANDS ALLOW 5G OPERATORS TO IMPROVE USER EXPERIENCE 129
11 5G ENTERPRISE MARKET, BY FREQUENCY BAND 130
11.1 INTRODUCTION 131
FIGURE 58 MMWAVE TO LEAD 5G ENTERPRISE MARKET IN COMING YEARS 131
TABLE 23 5G ENTERPRISE MARKET, BY FREQUENCY BAND, 2021–2027 (USD MILLION) 131
11.2 SUB-6 GHZ 132
11.2.1 SUB-6 GHZ OFFERS AMALGAMATION OF COVERAGE AND CAPACITY BENEFITS 132
TABLE 24 5G ENTERPRISE MARKET FOR SUB-6 GHZ, BY REGION,
2021–2027 (USD MILLION) 132
11.3 MMWAVE 132
11.3.1 MILLIMETER WAVE FREQUENCY BAND RANGES FROM 30 TO 300 GHZ 132
TABLE 25 5G ENTERPRISE MARKET FOR MMWAVE, BY REGION,
2021–2027 (USD MILLION) 133
12 5G ENTERPRISE MARKET, BY ORGANIZATION SIZE 134
12.1 INTRODUCTION 135
FIGURE 59 LARGE ENTERPRISES TO HOLD MAJOR MARKET SIZE IN 2021 135
TABLE 26 5G ENTERPRISE MARKET, BY ORGANIZATION SIZE,
2021–2027 (USD MILLION) 135
12.2 SMALL AND MEDIUM-SIZED ENTERPRISES 136
12.2.1 SMALL AND MEDIUM-SIZED ENTERPRISES ADOPT 5G ENTERPRISE NETWORK TO REDUCE CAPEX 136
TABLE 27 5G ENTERPRISE MARKET FOR SMALL AND MEDIUM-SIZED ENTERPRISES,
BY REGION, 2021–2027 (USD MILLION) 136
TABLE 28 5G ENTERPRISE MARKET FOR SMALL AND MEDIUM-SIZED ENTERPRISES IN NORTH AMERICA, BY COUNTRY, 2021–2027 (USD MILLION) 137
TABLE 29 5G ENTERPRISE MARKET FOR SMALL AND MEDIUM-SIZED ENTERPRISES IN EUROPE, BY COUNTRY, 2021–2027 (USD MILLION) 137
TABLE 30 5G ENTERPRISE MARKET FOR SMALL AND MEDIUM-SIZED ENTERPRISES IN APAC, BY COUNTRY, 2021–2027 (USD MILLION) 137
TABLE 31 5G ENTERPRISE MARKET FOR SMALL AND MEDIUM-SIZED ENTERPRISES IN ROW, BY REGION, 2021–2027 (USD MILLION) 138
12.3 LARGE ENTERPRISES 138
12.3.1 LARGE ENTERPRISES REQUIRE WIRELESS, AFFORDABLE, AND SWIFT
5G ENTERPRISE NETWORK SOLUTIONS 138
TABLE 32 5G ENTERPRISE MARKET FOR LARGE ENTERPRISES, BY REGION,
2021–2027 (USD MILLION) 138
TABLE 33 5G ENTERPRISE MARKET FOR LARGE ENTERPRISES IN NORTH AMERICA,
BY COUNTRY, 2021–2027 (USD MILLION) 139
TABLE 34 5G ENTERPRISE MARKET FOR LARGE ENTERPRISES IN EUROPE,
BY COUNTRY, 2021–2027 (USD MILLION) 139
TABLE 35 5G ENTERPRISE MARKET FOR LARGE ENTERPRISES IN APAC, BY COUNTRY, 2021–2027 (USD MILLION) 139
TABLE 36 5G ENTERPRISE MARKET FOR LARGE ENTERPRISES IN ROW, BY REGION, 2021–2027 (USD MILLION) 140
13 5G ENTERPRISE MARKET, BY APPLICATION 141
13.1 INTRODUCTION 142
FIGURE 60 AR/VR WILL BE FASTEST-GROWING APPLICATION IN 5G ENTERPRISE MARKET FROM 2021 TO 2027 142
TABLE 37 5G ENTERPRISE MARKET, BY APPLICATION, 2021–2027 (USD MILLION) 142
13.1.1 MOBILE ROBOTS OR AUTOMATED GUIDED VEHICLES 143
13.1.1.1 5G-enabled AGVs ensure industrial connectivity and optimize manufacturing process 143
13.1.2 VIDEO ANALYTICS 143
13.1.2.1 5G plays crucial role in making cities smarter and more secure through video analytics technique 143
13.1.3 AR/VR 144
13.1.3.1 5G mobile networks can accelerate adoption of AR/VR 144
13.1.4 DRONES 144
13.1.4.1 Drones with 5G connectivity play pivotal role in remote manufacturing, industrial application and control, and smart agriculture applications 144
13.1.5 COMMUNICATION 144
13.1.5.1 5G network is designed to connect everything virtually together 144
13.1.6 OTHERS 145
?
14 5G ENTERPRISE MARKET, BY VERTICAL 146
14.1 INTRODUCTION 147
FIGURE 61 MANUFACTURING SECTOR TO HOLD LARGEST SIZE OF 5G ENTERPRISE MARKET DURING FORECAST PERIOD 147
TABLE 38 5G ENTERPRISE MARKET, BY VERTICAL, 2021–2027 (USD MILLION) 148
14.2 BFSI 148
14.2.1 BFSI ENTERPRISES REQUIRE RELIABLE NETWORK INFRASTRUCTURE FOR HANDLING NUMEROUS CALLS AND VOLUMINOUS DATA 148
TABLE 39 5G ENTERPRISE MARKET FOR BFSI, BY REGION, 2021–2027 (USD MILLION) 149
14.3 MANUFACTURING 149
14.3.1 HIGH-SPEED DATA TRANSFER AND LOW LATENCY MAKE 5G PREFERRED CHOICE FOR MACHINE-TYPE COMMUNICATION (MTC) 149
TABLE 40 5G ENTERPRISE MARKET FOR MANUFACTURING, BY REGION,
2021–2027 (USD MILLION) 150
14.4 ENERGY & UTILITIES 150
14.4.1 5G CAN EMPOWER UTILITIES TO SUPPORT DIGITIZATION OF SEVERAL UTILITY-DRIVEN FIELDWORKS 150
TABLE 41 5G ENTERPRISE MARKET FOR ENERGY & UTILITIES, BY REGION,
2021–2027 (USD MILLION) 151
14.5 RETAIL 151
14.5.1 RETAIL INDUSTRY TO ADOPT NEXT LEVEL OF AUTOMATION IN WAREHOUSE MANAGEMENT AND RELATED SERVICES 151
TABLE 42 5G ENTERPRISE MARKET FOR RETAIL, BY REGION,
2021–2027 (USD MILLION) 152
14.6 HEALTHCARE 152
14.6.1 5G NETWORK INFRASTRUCTURE FACILITATES HD VIDEO CALLS AND IMAGES FOR HEALTHCARE APPLICATIONS 152
TABLE 43 5G ENTERPRISE MARKET FOR HEALTHCARE, BY REGION,
2021–2027 (USD MILLION) 153
14.7 GOVERNMENT AND PUBLIC SAFETY 153
14.7.1 5G CONNECTIVITY WILL PROVIDE FASTER AND MORE ROBUST NETWORK NECESSARY FOR SURVEILLANCE SYSTEMS 153
TABLE 44 5G ENTERPRISE MARKET FOR GOVERNMENT AND PUBLIC SAFETY,
BY REGION, 2021–2027 (USD MILLION) 154
14.8 TRANSPORTATION AND LOGISTICS 154
14.8.1 BROADBAND CONNECTIVITY IS LIKELY TO BECOME OPERATIONAL REQUIREMENT IN NEAR FUTURE 154
TABLE 45 5G ENTERPRISE MARKET FOR TRANSPORTATION AND LOGISTICS,
BY REGION, 2021–2027 (USD MILLION) 154
14.9 AEROSPACE & DEFENSE 155
14.9.1 5G CAN OFFER HIGH DATA TRANSFER SPEEDS AND RELIABLE CONNECTIVITY TO AEROSPACE & DEFENSE VERTICAL 155
TABLE 46 5G ENTERPRISE MARKET FOR AEROSPACE & DEFENSE, BY REGION,
2021–2027 (USD MILLION) 155
?
14.10 MEDIA & ENTERTAINMENT 156
14.10.1 OTT PLATFORMS WOULD ADOPT 5G TECHNOLOGY TO ENABLE USERS TO WATCH MORE CONTENT AT HIGHER QUALITY AND WITHOUT BUFFERING 156
TABLE 47 5G ENTERPRISE MARKET FOR MEDIA & ENTERTAINMENT, BY REGION, 2021–2027 (USD MILLION) 156
14.11 OFFICE BUILDINGS 157
14.11.1 5G HAS POTENTIAL TO BRING ULTRA-SMART OFFICE BUILDINGS IN REALITY 157
TABLE 48 5G ENTERPRISE MARKET FOR OFFICE BUILDINGS, BY REGION,
2021–2027 (USD MILLION) 157
15 GEOGRAPHIC ANALYSIS 158
15.1 INTRODUCTION 159
FIGURE 62 5G ENTERPRISE MARKET IN SOUTH KOREA TO GROW AT HIGHEST CAGR FROM 2021 TO 2027 159
TABLE 49 5G ENTERPRISE MARKET, BY REGION, 2020–2027 (USD MILLION) 160
15.2 NORTH AMERICA 160
15.2.1 NORTH AMERICA: COVID-19 IMPACT 161
FIGURE 63 SNAPSHOT: 5G ENTERPRISE MARKET IN NORTH AMERICA 162
TABLE 50 5G ENTERPRISE MARKET IN NORTH AMERICA, BY COUNTRY,
2020–2027 (USD MILLION) 162
TABLE 51 5G ENTERPRISE MARKET IN NORTH AMERICA, BY FREQUENCY BAND,
2020–2027 (USD MILLION) 163
TABLE 52 5G ENTERPRISE MARKET IN NORTH AMERICA, BY ORGANIZATION SIZE, 2020–2027 (USD MILLION) 163
TABLE 53 5G ENTERPRISE MARKET IN NORTH AMERICA, BY VERTICAL,
2020–2027 (USD MILLION) 163
15.2.2 US 164
15.2.2.1 Plan of National Security Council to develop its own 5G wireless network in US would accelerate market growth 164
TABLE 54 5G ENTERPRISE MARKET IN US, BY ORGANIZATION SIZE,
2020–2027 (USD MILLION) 165
TABLE 55 5G ENTERPRISE MARKET IN US, BY VERTICAL, 2020–2027 (USD MILLION) 165
15.2.3 CANADA 166
15.2.3.1 Adoption of radio nodes and proliferation of IoT technology would foster Canadian market growth from 2021 to 2027 166
TABLE 56 5G ENTERPRISE MARKET IN CANADA, BY ORGANIZATION SIZE,
2020–2027 (USD MILLION) 166
TABLE 57 5G ENTERPRISE MARKET IN CANADA, BY VERTICAL,
2020–2027 (USD MILLION) 167
15.2.4 MEXICO 167
15.2.4.1 Adoption of emerging telecommunication and digital commerce technologies by Mexican mobile operators would boost demand for 5G enterprise network 167
TABLE 58 5G ENTERPRISE MARKET IN MEXICO, BY ORGANIZATION SIZE,
2020–2027 (USD MILLION) 168
TABLE 59 5G ENTERPRISE MARKET IN MEXICO, BY VERTICAL,
2020–2027 (USD MILLION) 168
15.3 EUROPE 169
15.3.1 EUROPE: COVID-19 IMPACT 169
FIGURE 64 SNAPSHOT: 5G ENTERPRISE MARKET IN EUROPE 170
TABLE 60 5G ENTERPRISE MARKET IN EUROPE, BY COUNTRY,
2020–2027 (USD MILLION) 170
TABLE 61 5G ENTERPRISE MARKET IN EUROPE, BY FREQUENCY BAND,
2020–2027 (USD MILLION) 171
TABLE 62 5G ENTERPRISE MARKET IN EUROPE, BY ORGANIZATION SIZE,
2020–2027 (USD MILLION) 171
TABLE 63 5G ENTERPRISE MARKET IN EUROPE, BY VERTICAL,
2020–2027 (USD MILLION) 171
15.3.2 UK 172
15.3.2.1 Smart city transformation program in UK to stimulate demand for
5G enterprise network 172
TABLE 64 5G ENTERPRISE MARKET IN UK, BY ORGANIZATION SIZE,
2020–2027 (USD MILLION) 172
TABLE 65 5G ENTERPRISE MARKET IN UK, BY VERTICAL, 2020–2027 (USD MILLION) 173
15.3.3 GERMANY 173
15.3.3.1 Smart grid projects, along with adoption of smart city technologies, to propel market growth in country 173
TABLE 66 5G ENTERPRISE MARKET IN GERMANY, BY ORGANIZATION SIZE,
2020–2027 (USD MILLION) 174
TABLE 67 5G ENTERPRISE MARKET IN GERMANY, BY VERTICAL,
2020–2027 (USD MILLION) 174
15.3.4 FRANCE 175
15.3.4.1 Adoption of IoT to catalyze growth of 5G enterprise market in France 175
TABLE 68 5G ENTERPRISE MARKET IN FRANCE, BY ORGANIZATION SIZE,
2020–2027 (USD MILLION) 175
TABLE 69 5G ENTERPRISE MARKET IN FRANCE, BY VERTICAL,
2020–2027 (USD MILLION) 176
15.3.5 REST OF EUROPE 176
TABLE 70 5G ENTERPRISE MARKET IN REST OF EUROPE, BY ORGANIZATION SIZE, 2020–2027 (USD MILLION) 176
TABLE 71 5G ENTERPRISE MARKET IN REST OF EUROPE, BY VERTICAL,
2020–2027 (USD MILLION) 177
15.4 APAC 177
15.4.1 APAC: COVID-19 IMPACT 178
FIGURE 65 SNAPSHOT: 5G ENTERPRISE MARKET IN APAC 179
TABLE 72 5G ENTERPRISE MARKET IN APAC, BY COUNTRY, 2020–2027 (USD MILLION) 179
TABLE 73 5G ENTERPRISE MARKET IN APAC, BY FREQUENCY BAND,
2020–2027 (USD MILLION) 180
TABLE 74 5G ENTERPRISE MARKET IN APAC, BY ORGANIZATION SIZE,
2020–2027 (USD MILLION) 180
TABLE 75 5G ENTERPRISE MARKET IN APAC, BY VERTICAL, 2020–2027 (USD MILLION) 180
15.4.2 CHINA 181
15.4.2.1 Deployment of advanced manufacturing technologies such as IoT and robotics to bolster market growth in China 181
TABLE 76 5G ENTERPRISE MARKET IN CHINA, BY ORGANIZATION SIZE,
2020–2027 (USD MILLION) 181
TABLE 77 5G ENTERPRISE MARKET IN CHINA, BY VERTICAL,
2020–2027 (USD MILLION) 182
15.4.3 JAPAN 182
15.4.3.1 Participation of government in rapid development and deployment of 5G networks to augment market growth in Japan 182
TABLE 78 5G ENTERPRISE MARKET IN JAPAN, BY ORGANIZATION SIZE,
2020–2027 (USD MILLION) 183
TABLE 79 5G ENTERPRISE MARKET IN JAPAN, BY VERTICAL,
2020–2027 (USD MILLION) 184
15.4.4 SOUTH KOREA 184
15.4.4.1 Investment by telecom operators in South Korean in building 5G base stations to spur market growth 184
TABLE 80 5G ENTERPRISE MARKET IN SOUTH KOREA, BY ORGANIZATION SIZE,
2020–2027 (USD MILLION) 185
TABLE 81 5G ENTERPRISE MARKET IN SOUTH KOREA, BY VERTICAL,
2020–2027 (USD MILLION) 185
15.4.5 REST OF APAC 185
TABLE 82 5G ENTERPRISE MARKET IN REST OF APAC, BY ORGANIZATION SIZE,
2020–2027 (USD MILLION) 186
TABLE 83 5G ENTERPRISE MARKET IN REST OF APAC, BY VERTICAL,
2020–2027 (USD MILLION) 186
15.5 ROW 187
FIGURE 66 SNAPSHOT: 5G ENTERPRISE MARKET IN ROW 187
TABLE 84 5G ENTERPRISE MARKET IN ROW, BY REGION, 2020–2027 (USD MILLION) 188
TABLE 85 5G ENTERPRISE MARKET IN ROW, BY FREQUENCY BAND,
2020–2027 (USD MILLION) 188
TABLE 86 5G ENTERPRISE MARKET IN ROW, BY ORGANIZATION SIZE,
2020–2027 (USD MILLION) 188
TABLE 87 5G ENTERPRISE MARKET IN ROW, BY VERTICAL, 2020–2027 (USD MILLION) 189
15.5.1 SOUTH AMERICA 189
15.5.1.1 Formulation of new telecommunication policies and adoption of IoT to encourage demand for 5G enterprise networks 189
TABLE 88 5G ENTERPRISE MARKET IN SOUTH AMERICA, BY ORGANIZATION SIZE, 2020–2027 (USD MILLION) 190
TABLE 89 5G ENTERPRISE MARKET IN SOUTH AMERICA, BY VERTICAL,
2020–2027 (USD MILLION) 190
15.5.2 MIDDLE EAST AND AFRICA 191
15.5.2.1 Growth in mobile subscribers, along with flexible government regulations for telecom operators, to provide growth opportunity for 5G network development 191
TABLE 90 5G ENTERPRISE MARKET IN MIDDLE EAST AND AFRICA, BY ORGANIZATION SIZE, 2020–2027 (USD MILLION) 191
TABLE 91 5G ENTERPRISE MARKET IN MIDDLE EAST AND AFRICA, BY VERTICAL,
2020–2027 (USD MILLION) 192
?
16 COMPETITIVE LANDSCAPE 193
16.1 INTRODUCTION 193
FIGURE 67 COMPANIES ADOPTED PRODUCT LAUNCHES AND DEVELOPMENTS, PARTNERSHIPS, AND EXPANSIONS AS KEY GROWTH STRATEGIES FROM JANUARY 2019 TO MARCH 2021 193
16.2 MARKET EVALUATION FRAMEWORK 194
TABLE 92 OVERVIEW OF STRATEGIES DEPLOYED BY KEY 5G ENTERPRISE SOLUTION PROVIDERS 194
16.2.1 PRODUCT PORTFOLIO 194
16.2.2 REGIONAL FOCUS 195
16.2.3 MANUFACTURING FOOTPRINT 195
16.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES 195
16.3 REVENUE ANALYSIS OF TOP FIVE PLAYERS 195
FIGURE 68 REVENUE OF TOP FIVE PLAYERS IN 5G ENTERPRISE MARKET, 2015–2019 195
16.4 MARKET SHARE ANALYSIS, 2020 196
FIGURE 69 SHARE RANGE OF KEY COMPANIES IN 5G ENTERPRISE MARKET, 2020 196
TABLE 93 5G ENTERPRISE MARKET: DEGREE OF COMPETITION 196
16.5 RANKING ANALYSIS OF KEY PLAYERS IN 5G ENTERPRISE MARKET 197
FIGURE 70 5G ENTERPRISE MARKET RANKING, 2020 197
16.6 COMPANY EVALUATION QUADRANT 199
TABLE 94 COMPANY INDUSTRY FOOTPRINT 199
TABLE 95 COMPANY APPLICATION FOOTPRINT 200
TABLE 96 COMPANY REGION FOOTPRINT 201
TABLE 97 COMPANY FOOTPRINT 202
16.6.1 5G ENTERPRISE MARKET 203
16.6.1.1 Star 203
16.6.1.2 Emerging leader 203
16.6.1.3 Pervasive 203
16.6.1.4 Participant 203
FIGURE 71 5G ENTERPRISE MARKET: COMPANY EVALUATION QUADRANT, 2020 204
16.7 STARTUP/SME EVALUATION MATRIX 204
16.7.1 PROGRESSIVE COMPANIES 204
16.7.2 RESPONSIVE COMPANIES 204
16.7.3 DYNAMIC COMPANIES 205
16.7.4 STARTING BLOCKS 205
FIGURE 72 5G ENTERPRISE MARKET: STARTUP/SME EVALUA