DUBLIN--(BUSINESS WIRE)--The "United States 5G Market (2018-2025)" report has been added to ResearchAndMarkets.com's offering.
The United States (U.S.) 5G market is anticipated to show a double-digit growth rate during the forecasted period. The U.S. was the first country to launch commercial 5G services. Various telecom companies in the U.S. are planning to launch 5G wireless services across the country by the end of 2018.
Revenue growth in the U.S. has been stronger than any of the other developed markets. This trend has been driven primarily by higher usage of both voice and messaging services, as well as a more recent growing consumer engagement, resulting in higher levels of data usage.
The U.S. 5G market is classified into SIM cellular connections and SIM M2M cellular connections. This is further divided into data per user, and 5G data traffic for each categories. In the U.S., SIM cellular connections hold the maximum market share, whereas SIM M2M cellular connections are anticipated to show high growth.
The U.S. is expected to get hold a significant market share as the advent of 5G is expected to bring about vast transformations in the U.S., technology, media, and telecom industries in the country. The U.S. government is progressing with new spectrum allocations to support 5G market.
Key growth factors
- The major growth factors of the U.S. 5G market are a broadened range of applications and services
- Continuous investment on fiber infrastructure and 4G network upgradation is creating a solid foundation for 5G deployment. As the U.S. is leading digitization of businesses, it is expected to create a favourable environment to explore revenue opportunities
Threats and key players:
- A major challenge that the U.S. 5G market will face stiff price competition
Companies Mentioned
- AT&T
- Verizon Communications
- Comcast
- T-Mobile USA
- Sprint Corporation
For more information about this report visit https://www.researchandmarkets.com/research/frvj9f/united_states_5g?w=4
