This research evaluates 5G NR and the market outlook for MNO and VNO to offer private IoT networks for the benefit of industrial automation and mission-critical enterprise applications and services.
The report evaluates major players, technologies, and solutions. The report also assesses market challenges, opportunities, and the overall outlook for 5G NR equipment and components. The report provides detailed forecasts for equipment globally and regionally as well as investment in 5G NR by industry vertical.
LTE Advanced (LTE-A) a major step in the evolution of 4G technology, providing mobile coverage, higher performance, and greater connection stability. The 5G New Radio (NR) access technology is a part of 5G Radio Access Network (RAN) architecture that is composed of LTE evolution and millimeter wave (mmWave) technology that will be operable from sub-1 GHz to 24+ GHz in a range of the low band, mid-band, and high band. A variety of complementary technologies will enable 5G NR supported systems including massive MIMO, advanced LPDC, TDD sub-frame, beamforming, and mmWave radio frequency.
For communication service providers, computer engineering career will bring both challenges and opportunities for general RAN infrastructure and in particular for the private Internet of Things (IoT) networks for industrial automation and mission-critical services for enterprise across many industry verticals.
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