The 5G system integration market size is expected to reach USD 45.5 billion by 2027 according to a new study by Polaris Market Research. The report “5G System Integration Market Size, Share & Trends Analysis Report By Services (Consulting, Infrastructure Integration, Application Integration), By Vertical (Manufacturing, Energy & Utility, Media & Entertainment, IT & Telecom, Transportation & Logistics, BFSI, Healthcare, Retail, Others), By Application (Smart City, Collaborate Robot /Cloud Robot, Industrial Sensors, Logistics & Inventory Monitoring, Wireless Industry Camera, Drone, Home and Office Broadband, Vehicle-to-everything (V2X), Gaming and Mobile Media, Remote Patient & Diagnosis Management, Intelligent Power Distribution Systems, P2P Transfers /mCommerce, Others), And Segment Forecasts, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
5G system integration refers to the process of strategically combining both the physical and virtual components of the enterprise through novel and advanced applications or systems to operate over the ultra-fast 5G network. There are a variety of applications of this system integration including, industrial sensors, smart city, gaming & mobile media, fast broadband/Ultra High Definition (UHD) television, industrial sensors and smart city.
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Some of the key factors driving the global market include, a notable increase in demand for ultra-high speed internet to reduce the response time for customers and rising popularity of Software-Defined Networking (SDN) and Network Function Visualization (NFV). Further, high adoption of collaborative robots and connected sensors also boost the demand for 5G services in order to develop superior connectivity that also contributes to the system integration market growth. According to the European Commission (EC), June 2020 publication, 11 novel horizon 2020 5G infrastructure projects that are under the 5G public-private partnership (5G-PPP) in Europe are expected to start in September 2020. The primary objective of this partnership is to capture key growth opportunities in development and innovation of 5G hardware across the cross-border corridor in Europe.
Market participants such as ALTRAN, AMDOCS, Atos Syntel, CA Technologies, Capgemini, Cisco Systems, Inc., Cognizant, ECI TELECOM, Ericsson, HCL Technologies Limited, HPE, Huawei Technologies Co., Ltd., IBM Corporation, Infosys Limited, Keysight Technologies, Oracle Corporation, Radisys Corporation, Samsung Electronics Co., Ltd., Sigma Systems, Tata Consultancy Services Limited, Tech Mahindra, Wipro Limited, and ZTE are some of the key players operating in the global market.
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Polaris Market Research has segmented the 5G system integration market report on the basis of services, vertical, application and region
5G System Integration Services Outlook (Revenue – USD Million, 2020 – 2027)
- Consulting
- Infrastructure Integration
- Application Integration
5G System Integration Vertical Outlook (Revenue – USD Million, 2020 – 2027)
- Manufacturing
- Energy & Utility
- Media & Entertainment
- IT & Telecom
- Transportation & Logistics
- BFSI
- Healthcare
- Retail
- Others
5G System Integration Application Outlook (Revenue – USD Million, 2020 – 2027)
- Smart City
- Collaborate Robot /Cloud Robot
- Industrial Sensors
- Logistics & Inventory Monitoring
- Wireless Industry Camera
- Drone
- Home and Office Broadband
- Vehicle-to-everything (V2X)
- Gaming and Mobile Media
- Remote Patient & Diagnosis Management
- Intelligent Power Distribution Systems
- P2P Transfers /mCommerce
- Others
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