By the end of 2025, 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.
What will market research report provide?
The " ProSe( Proximity Services) for LTE & 5G Networks: 2017-2030 Opportunities, Challenges, Strategies & Forecasts " report presents an in-depth assessment of the ProSe market including enabling technologies, key trends, market drivers, challenges, standardization, use cases, applications, business models, pre-commercial case studies, opportunities, future roadmap, value chain and strategic recommendations. The report also presents forecasts for ProSe-enabled device shipments and ProSe based mobile operator service revenue from 2018 till 2030. The forecasts cover multiple submarkets and 6 regions.
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1. Adoption of LTE for Public Safety & Critical Communications
The public safety and critical communications industry is gradually transitioning from legacy LMR systems to LTE networks, to support growing demands for mobile broadband capabilities while reducing operational costs. Aligning to the commercial LTE standard also ensures future-proof investments that can eventually transition to 5G networks. This ongoing transition is expected to trigger the very first investments in ProSe enabled devices, as direct communication between devices in out-of-network coverage scenarios is an essential requirement for users in the critical communications domain, particularly public safety agencies.
2. Extending Wide Area Connectivity to IoT Devices & Accessories
Mobile operators are beginning to see ProSe as an enabling technology to provide wide area connectivity for IoT devices and smart accessories
What Segmentation is covered in report?
ProSe Device Shipments & Revenue Submarkets- Public Safety & Critical Communications- Commercial Sector
Form Factor Segmentation- Smartphones- Tablets- Wearables- Vehicle Mount Devices- V2X Devices- Other Devices
• Regional Markets- Asia Pacific- Eastern Europe- Middle East & Africa