Next-Generation Communication Technologies Market Trend, Share, Growth, Size, Analysis and Forecast 2030

Next-Generation Communication Technologies Market

Next-Generation Communication Technologies Market - by Type (Wired Communication Technology (Twisted Wire Communications, Optical Fiber Communications) and Wireless Communication Technology (4G LTE, WiMax, 5G, Wi-Fi, LiMAX, ZigBee, Bluetooth, Others)), Application (Telecommunication, Healthcare, Consumer Electronics, Security and Surveillance, Industrial, Automotive, And Military Applications): Global Industry Perspective, Comprehensive Analysis and Forecast 2020 – 2026

Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-232 Published Date: Oct-2020 Status : Published

Global Next-Generation Communication Technologies market size earned around $XX M in 2023 and is expected to reach $XX M by 2032, with a CAGR of XX%.

Next-Generation Communication Technolog Market

According to the report published by Zion Market Research, global demand for Next-Generation Communication Technologies market was valued at approximately USD 72.4 Billion in 2019, and is expected to generate revenue of around USD 245.6 Billion by end of 2026, growing at a CAGR of around 22.57% between 2020 and 2026.

Global Next-Generation Communication Technologies Market: Overview

Next-generation communication technologies are also known as advanced communication technologies. With increasing technological advancements in the Internet and other supporting communication technologies, the communication technology has been enhanced tremendously. Next-generation communication technologies are the best example of such trend. These technologies help in eliminating the communication gap, improving the quality of communication, optimizing the multiplexed communication, and improving user experience in order to meet user requirements. In addition, next-generation communication technologies are also expected to play a major role in the development of various industries.

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Global Next-Generation Communication Technologies Market: Growth Factors

The global next-generation communication technologies market is anticipated to witness high growth in the near future. Increasing technological advancements such as Internet of Things (IoT), and e-commerce and big data, which result in rising demand of advanced communication technology, are some of the major factors driving the growth of the global next-generation communication technologies market. In addition, rapid growth in mobile and wireless communication markets further impacts the growth of the next-generation communication technology market. Furthermore, rapidly advancing technology, increasing consumer demand, and continual introduction of new products and services have boosted the growth of the global market. On the other hand, high infrastructural and development cost is one of the major factors that may hinder the global market growth.

Global Next-Generation Communication Technologies Market: Segmentation

The global next-generation communication technologies market is segmented based on the type of communication technologies and applications. On the basis of the type of communication technology, the global market is segmented as wired communication technology and wireless communication technology. The wired communication technology segment is further sub-segmented as twisted wire communications and optical fiber communications. The wireless communication technology is further sub-segmented as 4G LTE, WiMax, 5G, Wi-Fi, LiMAX, ZigBee, Bluetooth, and others. Furthermore, rising consumer adoption of wireless devices and increasing demand of high-speed data have boosted the growth of consumer electronics application of next-generation communication technology market. On the basis of application, the global next-generation communication technologies market is segmented as telecommunication, healthcare, consumer electronics, security and surveillance, industrial, automotive, and military applications.

Report Scope:

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Next-Generation Communication Technologies Market: Regional Analysis

Based on the region, the global Next-Generation Communication Technologies market can be divided into five main regions: Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa. North America and Europe dominate the global next-generation communication technologies market owing to high technological advancements and infrastructural investments in communication technologies in countries such as the U.S., Canada, the U.K., and Germany. Asia Pacific is anticipated to witness the high growth due to increasing technological development, rising consumer spending, and increasing investment in communication infrastructures.

Global Next-Generation Communication Technologies Market: Competitive Players

Some main participants of the Next-Generation Communication Technologies market are Verizon, AT&T Inc., Huawei Technologies Co., Ltd., Devicescape Software, Inc. and Green Packet Berhad.

Next-Generation Communication Technologies Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Increasing technological advancements such as Internet of Things (IoT), and e-commerce and big data, which result in rising demand of advanced communication technology, are some of the major factors driving the growth of the global next-generation communication technologies market.

According to Zion Market Research, global demand for Next-Generation Communication Technologies market is expected to generate revenue of around USD 245.6 Billion by end of 2026, growing at a CAGR of around 22.57% between 2020 and 2026.

North America and Europe dominate the global next-generation communication technologies market owing to high technological advancements and infrastructural investments in communication technologies in countries such as the U.S., Canada, the U.K., and Germany.

Some main participants of the Next-Generation Communication Technologies market are Verizon, AT&T Inc., Huawei Technologies Co., Ltd., Devicescape Software, Inc. and Green Packet Berhad, among others.

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