Proximity Tech

[New] In Japan, Wi-Fi Enabled LTE Small Cell Gateways will reach a market size of 143.9 Million Units by the close of the analysis period.
Embedded die, though small in market size, is expected to grow at an 18% CAGR over the next five years, with demand driven by markets like telecom & infrastructure, automotive, and mobile.
Telecom & infrastructure is by revenue the fastest-growing segment in the advanced packaging market, and will increase its market share from 10% in 2019 to 14% by 2025.
Telecom operators in the UAE would realise incremental revenue of $3.3 billion (AED12.1 billion) by 2026 from the digitisation of industries through 5G, 5G, AR, VR and remote control solutions keep operations running with staff working from home.
As the US Federal Communications Commission anticipates the opening of the 6GHz band in the United States later this year, up to 1,200 MHz of newly available spectrum will be designated for Wi-Fi and other unlicensed use.
The telecom industry is expected to continue its progression toward 5G SA in 2020 and that lab proof-of-concepts and field trials are well underway around the world, with significant activity in China.
Twenty-nine telecom companies representing 30% of mobile connections worldwide have committed to science-based targets, aiming to reduce emissions by 45% by 2030, from 2020 levels.
As part of a consortium that includes Indian telecom Bharti Global, the UK government will invest $500 million and take a significant equity share in space exploration firm OneWeb.
The global Telecom Power Systems market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 4.3% in the forecast period of 2020 to 2025 and will expected to reach 6447.2 million by 2025, from 5446.6 million in 2019.
Use of Wi-Fi has grown dramatically in recent years as it is included in many more vehicles (the majority of cars are projected to include at least one Wi-Fi device by 2022).
Factors such as increasing demand for personalized drugs, increasing adoption of new technology in clinical research, growing research & development promoting outsourcing and increasing diseases prevalence will drive the RFID market in the forecast period of 2020 to 2027.
Asia-Pacific is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to adoption of advanced telecom services in developing countries such as China, India and South Korea and development in the media and entertainment industry.
Covid-19 (coronavirus) sent shockwaves through every sector of the economy, and while it has been better insulated than some, the telecom industry will inevitably feel the effects of the 3% global GDP contraction the IMF predicts for this year.
Investment in 5G will continue at speed in the next years, as telecom operators look to boost the capacity and efficiency of their networks.
Active RFID tags have accounted for the major share in the market generating a revenue of $1045.57 million in 2017 and is projected to grow at a CAGR of 17.4% during the forecast period (2018-2023).
The government's Universal Access Fund has made measurable progress in delivering telecom services to underserved areas of Zambia, particularly in its funding the GRZ Communication Tower project which will see 1,010 towers installed by the end of 2020.
From 2017 to 2022, Sectors that are predicted to experience the fastest growth in security spending include state / local government (11.9%), telecommunications (11.8%), resource industries (11.3%), banking (10.4%), federal / central government, and other industries.
Hutchison Telecom Hong Kong, stated that its 5G base stations are served by a 10 Gbps optical-fiber backhaul network, and that its 5G service is expected to cover the entire country within the year.
The global Wi-Fi as a service market was valued at USD 1.20 billion in 2016 and is projected to reach USD 21.50 billion by 2025, growing at a CAGR of 37.8% from 2017 to 2025.
The global beacon technology market was valued at USD 1.7 billion in 2019 and is expected to reach USD 14.7 billion by 2025, growing at a CAGR of 44.0% during 2020-2025.

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Last updated: 09 August 2020