According to the research report titled ‘5G Enterprise Market Share, Size, Trends, Industry Analysis Report, By Access Equipment Type; By Core Network Technology; By Service; By Organization Size; By End Use ; By Region; Segment Forecast, 2020 – 2027’ available with Market Study Report, global 5G enterprise market is anticipated to reach a valuation of USD 31.4 billion by the year 2027.
 

Integration of advanced technologies such as IoT (Internet of Everything) coupled with increasing adoption of 5G services for enhanced user experience are augmenting the growth of global 5G enterprise market size.
 

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For the record, 5G is the fifth-generation technology standard of cellular mobile communications with latest updates as well as technologies that enable high speed telecommunication services.
 

Introduction of innovative technologies such as Snapdragon 765 and 765G chipsets that support 5G NR radio interference are further fueling the industry growth. Escalating demand for 5G infrastructure across several industries coupled with rising penetration of technologically advanced smartphones are also stimulating the global 5G enterprise market outlook. 
 

Based on access equipment type, global 5G enterprise industry is fragmented into DAS (distributed antenna systems), service node, and radio node. With regards to core network technology, the market is divided into NFV (network functions virtualization) and SDN (software-defined networking).
 

Moving on to service type, the industry is split into software and platform. Speaking of the organization size, the market is bifurcated into large enterprises and SMEs.
 

The end-user spectrum of global 5G enterprise market comprises of IT & telecommunication, agriculture, manufacturing, transportation & logistics, government & defense, healthcare & life sciences, retail & e-commerce, media & entertainment, BFSI, and others.
 

Regionally, the market is segmented into Middle East & Africa, Central & South America, Asia-Pacific, Europe, and North America. The country-level bifurcation of the industry comprises of South Africa, Israel, Saudi Arabia, UAE, Argentina, Brazil, Mexico, Singapore, Malaysia, South Korea, Japan, China, India, Austria, Netherlands, Spain, Italy, United Kingdom, Germany, France, Canada, and U.S.
 

Leading players that outline the global 5G enterprise industry trends are ZTE Corporation, VMware Inc., Verizon Communications Inc., Deutsche Telekom AG (T-Mobile), SK Telecom Co. Ltd., Samsung Electronics Co. Ltd., Qualcomm Technologies Inc., Nokia Corporation, NEC Corporation, Mavenir Systems, KT Corporation (formerly known as Korea Telecom), Juniper Networks Inc., Huawei Technologies Co. Ltd., Hewlett Packard Enterprise Company, Fujitsu Limited, Extreme Networks, Telefonaktiebolaget L M Ericsson, BT Group plc, CommScope Inc., Comba Telecom Systems Holdings Ltd., Cisco Systems Inc., Ciena Corporation, China Mobile Limited, AT&T Inc., American Tower Corporation, Airspan Networks Inc., and Affirmed Networks Inc.