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The global market for Next Generation Communication Technologies is valued at $71.78 billion in 2017 is anticipated to grow with a CAGR of 27.65% during the forecast period i.e. 2018-2023. The major driving factor for this market includes saturation of revenues from fixed and cellular services coupled with growing for personalized services.
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Next Generation Communication Technologies Market value is $71.78B in 2017 is growing with a CAGR of 27.65% during the forecast 2018-2023.
Based on geography, America was the largest market for next generation communication technologies, with a share of 39% in 2017.Now, the American market holds a share of 37% for the forecast year. However, Asia-Pacific will emerge out to be the market leader in 2023. The next generation advanced communication technologies market for Europe is expected to grow at a CAGR of 28.3% from$13.37 billion in 2017 to reach $60.08 billion in 2023.In European regions, latest technologies into the healthcare system will be one of the major factors towards the growth of the market. Contact : sales@industryarc.com
Selected Analysis Done in the Full Report: The market by Technology Communication segment includes, Wireless Sensor Network (WNS), Bluetooth, LTE, Wimax, Wi-Fi and Zigbee.The study states among all, the Wireless Sensor Network will be the fastest growing segment in the forecast period. The WNS segment will strongly witness a CAGR of 64.75% to reach $219.07 million by 2023 from $12 million in 2017. Contact : sales@industryarc.com
Excerpts on Market Growth Factors Mentioned in the Full Report: • The upcoming 5G technologies are expected to play a significant role in 5G networks, which will have a significant role in the Internet of Things(IoT) in the near future. • The communication governingboards across the globe are taking initiatives to improve the present communication networks which would help to drive the market to adopt new and effectivewireless communication technologies. Contact : sales@industryarc.com
Key Players of the Next Generation Communication Technologies Market Qualcomm Inc ZTE Corporation Inc. Samsung Electronic Huawei tech Co. Ltd Ericsson Telefon ABLM And 15+more Download Sample Report Contact : sales@industryarc.com
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