5G market report
A new research report from Compass Intelligence covers the 5G market 2019 – 2024 by technology, infrastructure, industry vertical, region and capabilities (network slicing, mobile edge computing, smart antennas). Fifth generation (5G) wireless represents the latest stage in the evolution of mobile communications. An essential component of 5G networks, Mobile Edge Computing (MEC) facilitates optimization of fifth generation network resources including focusing communications and computational capacity where it is needed the most. Without MEC, 5G would continue to rely upon back-haul to centralized cloud resource for storage and computing, diminishing much of the otherwise positive impact of latency reduction enabled by 5G. The use cases for future 5G enabled applications and services are many and varied in terms of type, industry vertical focus, and requirements. Correspondingly, each scenario will have its own network configuration of requirements and parameters. 5G network slicing provides a means by which each of these different use cases may have its own portion of available frequently and associated assignable QoS configuration. Leading communication service providers will leverage their investment in Software Defined Networks (SDN) and Network Function Virtualization (NFV) to optimize network slice allocation as well as overall network management and 5G orchestration. This research evaluates the 5G ecosystem including Mobile Edge Computing (MEC) computing infrastructure providers, managed services vendors, carriers and OTT providers. The MEC analysis includes a focus on company strategies and offerings relative to current and anticipated future market needs. The report also provides quantitative analysis of the Mobile Edge Computing market including segmentation by industry vertical, region of the world, application and services. It also provides forecasts for MEC based streaming data and real-time data analytics. www.compassintelligence.com
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