WiseGuyReports.Com Publish a New Market Research Report On –“ ProSe (Proximity Services) for LTE & 5G Networks Market By Offering (Solutions,Services), Technology, Deployment type, Applications Forecasts to 2030”.
Pune, India - September 19, 2019 /MarketersMedia/ —
ProSe (Proximity Services) for LTE & 5G Networks Industry 2019
Description:-
The Internet has changed the world. Network sector is one of the most dynamic sectors in the world as technology is rapidly changing with time.
ProSe (Proximity Services) for LTE & 5G Networks initiative is a D2D technology. D2D stands for the device to device, which ensures the detection and direct communication between LTE devices.
ProSe offers a better user experience as compared to existing D2D with lots of enhanced features like privacy, security, better battery optimization, and manageability.
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Public safety and critical communication industry are leading the movement to commercialize the ProSe (Proximity Services) for LTE & 5G Networks technology. As direct communication from device to device will improve customer satisfaction, people are ready to move from traditional LMR to LTE. This is certain that the transition from LMR to LTE network will trigger the first investment in ProSe.
Mobile operators are also welcoming the ProSe (Proximity Services) for LTE & 5G Networks as it offers multiple services like B2B, B2C and B2B2C as features like gaming, social networking, V2X connectivity, and advertising depends on proximity.
The study also reveals that proximity ad will contribute the maximum amount, around 55% of total revenue.
Market classification
The market of ProSe (Proximity Services) for LTE & 5G Networks segmented into “revenue submarket and shipment” and “form factor.”
Under the revenue submarket and shipment, ProSe can be split into Public Safety & Critical Communications and Commercial Sector.
Under the Form Factor Segmentation, it can be split into Wearables, Smartphones, Tablets, V2X Devices, Vehicle-Mount Devices, etc.
Regional markets
Some of the major regions are Indo-Pacific, MEA region (the Middle East & Africa), Eastern and Western Europe, Latin & Central America and North America.
Some of the focused countries are Russia, Rest of Central & South America, Brazil, South Africa, Middle East & Africa, Egypt, GCC Countries, Turkey, the USA, the UK, India, and China.
Due to the heavy population and easy access to a smartphone, countries like India and China are expected to rise and lead the ProSe (Proximity Services) for LTE & 5G Networks market.
The USA and West Europian countries will be responsible for R&D work and innovation. The African region also has a huge potential to grow in this particular sector.
Major stakeholders
3GPP, Apple, TanTan, Telecom Italia Group, OnePlus, Qualcomm, Compass.To, DT, ASTRI, Bluetooth SIG, EE, Ericsson, Intel Corporation, KT Corporation, Yahoo, Huawei, IEEE, M87, MPSS, Facebook, FirstNet, Home Office, NXP Semiconductors, U.S. Department of Commerce, NEC Corporation, Nokia, Samsung Electronics, U.S. NIST, Wi-Fi Alliance and NTT DoCoMo.
Current updates from the industry
In 3GPP, the public safety aspect 5G has discussed. The discussion involved the existing vehicle-to-everything (V2X). V2X includes D2D communications as a subset of ProSe. D2D enhanced its capabilities in different aspects like vehicle to vehicle communication and platooning. D2D interface is also referred to as the “Sidelink” in the vehicular platform.
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Source: MarketersMedia
Release ID: 88920813
