ProSe( Proximity Services) for LTE & 5G Networks 2017 – 2030 Market Research Report
ProSe( Proximity Services) for LTE & 5G Networks 2017 – 2030 Market Research Report
The report has the following key findings:
• In comparison to existing D2D and proximity networking technologies, ProSe offers several distinct benefits including but not limited to better scalability, manageability, privacy, security and battery-efficiency.
• At present, efforts to commercialize ProSe are being spearheaded by the public safety and critical communications industry. The ongoing transition from legacy LMR systems to LTE networks is expected to trigger the very first investments in ProSe-enabled devices, as direct communication between devices is an essential requirement for users in this domain.
• In the commercial area, mobile operators can leverage ProSe to offer a range of B2B, B2B2C and B2C services that rely on proximity including advertising, social networking, gaming, relaying traffic for wearables and V2X( Vehicle-to-Everything) connectivity.
• By the end of 2025, SNS Research estimates that mobile operators can pocket as much $ 17 Billion in ProSe based annual service revenue. Up to 55 % of this revenue figure will be attributable to proximity advertising.
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