Market Research Future (MRFR), in its revised 5G Service Market report, reveals aspects that can control the market dynamics. MRFR study states in spite of the global Covid-19 impact, the 5G Service Market is expected to surge at 31.9% CAGR by 2023.
Wireless medical technologies facilitate wireless devices to communicate with nearby healthcare service providers and receivers that are connected with cellular systems, landline networks and broadband facilities to access the internet. They reduce the need for long wires and cables for data transmission and provide safe and efficient services to healthcare professionals and patients.
The surge in technological innovations coupled with rising government focus on security & safety is projected to drive the video surveillance and VSaaS market throughout the forecast period from 2019-2027.
Small cells are the mini cells used in telecom and data transfer. These small cells transfer the low power signal by using small base as compared to macro cells. Small cells provide much better voice quality in mobile phones, better battery life and high performance.
Education is referred to as the method or mode of learning through particular habits, knowledge, values, skills, and beliefs. It is the key tool for growth and robust equipment for minimizing poverty, enhancing health, maintaining peace, acquiring knowledge, and maintaining gender parity.
Increasing demand for internet connectivity and facilities like digital TV are factors which have been forcing internet providers to come out with better infrastructure, which benefits the hybrid fiber coaxial market. Hybrid fiber coaxial is the combination of optical fiber and coaxial cable for the broadband network.
Internet of Things (IoT) technology has made remote monitoring of patient health possible in the healthcare industry, thereby unraveling the potential of the healthcare business for maintaining patient health while empowering doctors to deliver excellent patient care.
The rise in need for efficient energy related inventions in infrastructure industry, increased market for Building automation and control system, and growth in the use of Internet of Things (IoT) in the building management system are some of the factors which are increasing the growth of the smart building market.
According to a new market research report published by Credence Research, the overall product lifecycle management consumer packaged goods and retail (PLM CP&R) market worldwide was valued at $2.07 Bn in 2018 and is set to grow with a CAGR of 10.9% during the forecast period.
Technological advancements and stringent government regulations in automotive industry have resulted in increased deployment of autonomous vehicles. The adoption of autonomous fleets for commercial and passenger movement is anticipated to increase during coming years. The cost of fleet management hardware and software is decreasing with advancement in technology thereby supporting growth of the fleet management solution market across the globe.
5G technology is projected to have a massive impact on next-gen infrastructures. It is likely to play an important role in powering future cities, industries, transport, homes, etc. The high-performance network capacity of 5G technology is prompting service providers and telecom operators to invest in the technology.
Patient telemonitoring system is a wireless system that monitors remote patients outside of the standard clinical settings. It helps the doctors to monitor parameters such as ECG, blood pressure in real time by using sensors. Due to the healthcare facilities provided at home, early detection of any chronic disease reduces number of emergencies during hospitalization and hospital visits. Routine tests and test results to a doctor are done using mobile medical device in real time without any necessity of visiting health care center. This helps chronically ill people to spend more time at home with their families than at hospitals. Hence, counseling of sick people can be done online without waiting for the appointment date.