Semiconductors & Electronics Industry 5G Technology Market Insights, 2024

Hexa Research

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5G Technology Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research
The global 5G technology market is expected to witness significant growth over from 2016 to 2024( forecast period). Rising worldwide adoption of internet-enabled devices will drive the industry. Mobile service providers believe that 5G services will be rolled out by 2020 to meet customer and business demands.
Surging demand for extensive network coverage and high speed internet from various industry applications will propel market growth. These include autonomous driving, distant learning, video conferencing & multi-user gaming, telemedicine, and opera live streaming. 5G technology will improve mobile network performance capabilities to a marked extent. It can also play a key role in establishing foundational infrastructure.
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