Next Generation Communication Market

Global Next Generation Communication Market Size, Trends & Analysis - Forecasts to 2028 By Technology Type (5G Technology, Visible Light Communication / Li-Fi, Wireless Sensor Networks (WSN), Other Technologies), End-User Industry (IT & Telecom, Manufacturing, Military & Defense, Automotive, Other Industries), Region (North America, Asia Pacific, Central & South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and Competitor Analysis

Category Electronics, Semiconductors and Information & Communication Technology
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This report was recently updated on May 19 2024 with the latest and most recent market numbers

Global Next Generation Communication Market Size

The global next generation communication market is expected to grow at a CAGR of 20.5% from 2023 to 2028. Next Generation Communication (NGC) refers to the evolving and advanced technologies and infrastructure that enable faster, more efficient, and more sophisticated communication between people, devices, and systems.

NGC includes a range of technologies, such as 5G networks, Internet of Things (IoT) devices, artificial intelligence, machine learning, cloud computing, and more. These technologies work together to enable faster and more efficient communication, with higher bandwidth, lower latency, and increased reliability. NGC is expected to revolutionize how people and businesses communicate, with new and innovative ways to interact, collaborate, and share information. It will enable new applications, services, and products that were previously impossible or too expensive to implement.

NGC is already having a significant impact on various sectors, including healthcare, transportation, manufacturing, and entertainment, to name a few. As the technology continues to evolve, it is expected to drive significant growth and change across all industries, transforming the way we communicate and interact with the world. 

The market for Next Generation Communication (NGC) is being driven by several factors. One of the main drivers is the rapid growth of data traffic and the need for faster and more reliable communication networks. NGC technologies such as 5G networks, fiber-optic networks, and satellite communication systems offer higher bandwidth, lower latency, and increased reliability, which are critical for meeting the growing demand for data.

Another driver is the increasing adoption of Internet of Things (IoT) devices, which are driving the growth of smart homes, smart cities, and connected vehicles. NGC technologies such as edge computing, cloud computing, and machine learning are essential for managing and analyzing the massive amounts of data generated by these devices.

Additionally, the adoption of NGC technologies is being accelerated by the increasing demand for remote work, telehealth, and e-learning solutions, especially in the wake of the COVID-19 pandemic. The need for fast, reliable, and secure communication networks is critical for supporting these remote services.

Furthermore, the increasing focus on digital transformation across various industries is driving the adoption of NGC technologies, with businesses seeking to improve their operations, enhance customer experiences, and gain a competitive edge.

The NGC market is being driven by a combination of technological advancements, changing consumer behavior, and growing demand for digital transformation, with significant growth potential across all industries.

global next generation communication market

Global Next Generation Communication Market: By Technology Type

As per the technology type, the 5G technology segment is expected to dominate the market during the forecast period. 5G technology is expected to be the largest segment in the Next Generation Communication (NGC) market due to its significant advantages over previous generations of wireless communication technology. 5G networks offer higher bandwidth, lower latency, and greater reliability, which are critical for supporting the growing demand for high-speed data communication, especially for emerging technologies such as the Internet of Things (IoT), autonomous vehicles, and virtual reality.

5G networks can handle up to 1,000 times more traffic compared to 4G, enabling faster download and upload speeds, and more reliable connectivity. It also provides ultra-low latency, making it possible for real-time communication and data transfer between devices. Furthermore, 5G networks can support a massive number of connected devices, making it essential for the growth of IoT devices.

Global Next Generation Communication Market: By End-User Industry

As per the end-user industry, the IT & telecom segment is expected to dominate the market in the forecast period. The Information Technology (IT) and Telecommunication segment is expected to be the largest end-user segment in the Next Generation Communication (NGC) market. This is because NGC technologies are essential for the IT and telecom industries to support the growing demand for high-speed and reliable communication services.

asia pacific next generation communication market

Global Next Generation Communication Market: By Region

North America is expected to be the largest regional segment in the Next Generation Communication (NGC) market due to several factors. Firstly, North America has a well-established telecommunications infrastructure, which is essential for the adoption of NGC technologies. The region has a high smartphone penetration rate, leading to the growing demand for high-speed data communication.

Moreover this region is home to some of the world's largest technology companies, such as Google, Microsoft, and Apple, which are driving the development and adoption of NGC technologies. These companies are investing heavily in research and development, driving innovation and creating new applications for NGC technologies.

The Asia Pacific region is expected to be the fastest-growing segment in the Next Generation Communication (NGC) market due to several factors. Firstly, the region has a large population and rapidly growing economies, leading to an increasing demand for high-speed and reliable communication services. Secondly, the region has a high mobile phone penetration rate, with a growing number of consumers adopting smartphones and other connected devices. This trend is driving the demand for NGC technologies such as 5G networks and the Internet of Things (IoT). Thirdly, many countries in the Asia Pacific region have launched initiatives to promote the adoption of NGC technologies, such as the "Digital India" and "Digital China" initiatives. These initiatives aim to increase the adoption of NGC technologies, drive innovation, and create new business opportunities.

Global Next Generation Communication Market Share and Competitor Analysis

The key players operating in the market are Analog Devices Inc., Accenture Plc, Cisco Systems Inc., Honeywell International Inc., Huawei Technologies Co. Ltd., Koninklijke Philips NV, Qualcomm Technologies Inc., Panasonic Corp., Netgear Inc. and Laser Light Global among others.

Please note: This is not an exhaustive list of companies profiled in the report.

The global next generation communication market has observed several strategic alliances between companies to launch new products with added functionalities and maintain revenue share & profitability. Organic and inorganic growth strategies adopted by small players have been the highlight of this market.

1          STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1    Strategic Opportunity & Attractiveness Analysis

1.1.1        Hot Revenue Pockets

1.1.2        Market Attractiveness Score

1.1.3        Revenue Impacting Opportunity

1.1.4        High Growing Region/Country

1.1.5        Competitor Analysis

1.1.6        Consumer Analysis

1.2    Global Market Estimates' View

1.3    Strategic Insights across Business Functions

1.3.1        For Chief Executive Officers

1.3.2        For Chief Marketing Officers

1.3.3        For Chief Strategy Officers

1.4    Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2          TECHNOLOGICAL TRENDS

2.1   Technological Adoption Rate

2.2   Current Trend Impact Analysis

2.3   Future Trend Impact Analysis

2.4   Data Metrics on Feed Stocks

3          GLOBAL MARKET OUTLOOK

3.1   Market Pyramid Analysis

3.1.1        Introduction

3.1.2        Adjacent Market Opportunities

3.1.3        Ancillary Market Opportunities

3.2   Demand Side Analysis

3.2.1        Market Drivers: Impact Analysis

3.2.2        Market Restraints: Impact Analysis

3.2.3        Market OpportunIties: Impact Analysis

3.2.4        Market Challenges: Impact Analysis

3.3   Supply Side Analysis

3.3.1        Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2        SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3        Value Chain Analysis

3.3.4        Trend Analysis

3.3.5        Gap Analysis

3.3.6        Cost Analysis

4          GLOBAL NEXT GENERATION COMMUNICATION MARKET, BY TECHNOLOGY TYPE

4.1   Introduction

4.2   Next Generation Communication Market: Technology Type Scope Key Takeaways

4.3   Revenue Growth Analysis, 2022 & 2028

4.4   5G Technology

4.4.1        5G Technology  Market Estimates and Forecast, 2020-2028 (USD Million)

4.5   Visible Light Communication / Li-Fi

4.5.1        Visible Light Communication / Li-Fi Market Estimates and Forecast, 2020-2028 (USD Million)

4.6   Wireless Sensor Networks (WSN)

4.6.1        Communication Market Estimates and Forecast, 2020-2028 (USD Million)

4.7   Other Technologies

4.7.1        Other Technologies Market Estimates and Forecast, 2020-2028 (USD Million)

5          GLOBAL NEXT GENERATION COMMUNICATION MARKET, BY END-USER INDUSTRY

5.1   Introduction

5.2   Next Generation Communication Market: End-User Industry Scope Key Takeaways

5.3   Revenue Growth Analysis, 2022 & 2028

5.4   IT & Telecom  

5.4.1        IT & Telecom Market Estimates And Forecast, 2020-2028 (USD Million)

5.5   Manufacturing  

5.5.1        Manufacturing  Market Estimates And Forecast, 2020-2028 (USD Million)

5.6   Automotive  

5.6.1        Automotive  Market Estimates And Forecast, 2020-2028 (USD Million)

5.7   Military and Defense  

5.7.1        Military and Defense  Market Estimates And Forecast, 2020-2028 (USD Million)

5.8   Other Industries  

5.8.1        Other Industries  Market Estimates And Forecast, 2020-2028 (USD Million)

6          GLOBAL NEXT GENERATION COMMUNICATION MARKET, BY REGION

6.1   Introduction

6.2   North America Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.1        By Technology Type

6.2.2        By End-User Industry

6.2.3        By Country

6.2.3.1     U.S. Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.3.1.1        By Technology Type

6.2.3.1.2        By End-User Industry

6.2.3.2     Canada Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.3.2.1        By Technology Type

6.2.3.2.2        By End-User Industry

6.2.3.3     Mexico Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.3.3.1        By Technology Type

6.2.3.3.2        By End-User Industry

6.3   Europe Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.1        By Technology Type

6.3.2        By End-User Industry

6.3.3        By Country

6.3.3.1     Germany Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.1.1        By Technology Type

6.3.3.1.2        By End-User Industry

6.3.3.2     U.K. Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.2.1        By Technology Type

6.3.3.2.2        By End-User Industry

6.3.3.3     France Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.3.1        By Technology Type

6.3.3.3.2        By End-User Industry

6.3.3.4     Italy Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.4.1        By Technology Type

6.3.3.4.2        By End-User Industry

6.3.3.5     Spain Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.5.1        By Technology Type

6.3.3.5.2        By End-User Industry

6.3.3.6     Netherlands Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.6.1        By Technology Type

6.3.3.6.2        By End-User Industry

6.3.3.7     Rest of Europe Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.6.1        By Technology Type

6.3.3.6.2        By End-User Industry

6.4   Asia Pacific Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.1        By Technology Type

6.4.2        By End-User Industry

6.4.3        By Country

6.4.3.1     China Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.1.1        By Technology Type

6.4.3.1.2        By End-User Industry

6.4.3.2     Japan Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.2.1        By Technology Type

6.4.3.2.2        By End-User Industry

6.4.3.3     India Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.3.1        By Technology Type

6.4.3.3.2        By End-User Industry

6.4.3.4     South Korea Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.4.1        By Technology Type

6.4.3.4.2        By End-User Industry

6.4.3.5     Singapore Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.5.1        By Technology Type

6.4.3.5.2        By End-User Industry

6.4.3.6     Malaysia Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.6.1        By Technology Type

6.4.3.6.2        By End-User Industry

6.4.3.7     Thailand Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.6.1        By Technology Type

6.4.3.6.2        By End-User Industry

6.4.3.8     Indonesia Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.7.1        By Technology Type

6.4.3.7.2        By End-User Industry

6.4.3.9     Vietnam Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.8.1        By Technology Type

6.4.3.8.2        By End-User Industry

6.4.3.10  Taiwan Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.10.1 By Technology Type

6.4.3.10.2 By End-User Industry

6.4.3.11  Rest of Asia Pacific Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.11.1 By Technology Type

6.4.3.11.2 By End-User Industry

6.5   Middle East & Africa Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.1        By Technology Type

6.5.2        By End-User Industry

6.5.3        By Country

6.5.3.1     Saudi Arabia Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.1.1        By Technology Type

6.5.3.1.2        By End-User Industry

6.5.3.2     U.A.E. Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.2.1        By Technology Type

6.5.3.2.2        By End-User Industry

6.5.3.3     Israel Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.3.1        By Technology Type

6.5.3.3.2        By End-User Industry

6.5.3.4     South Africa Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.4.1        By Technology Type

6.5.3.4.2        By End-User Industry

6.5.3.5     Rest of Middle East & Africa Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.5.1        By Technology Type

6.5.3.5.2        By End-User Industry

6.6   Central & South America Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.1        By Technology Type

6.6.2        By End-User Industry

6.6.3        By Country

6.6.3.1     Brazil Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.1.1        By Technology Type

6.6.3.1.2        By End-User Industry

6.6.3.2     Argentina Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.2.1        By Technology Type

6.6.3.2.2        By End-User Industry

6.6.3.3     Chile Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.3.1        By Technology Type

6.6.3.3.2        By End-User Industry

6.6.3.3     Rest of Central & South America Next Generation Communication Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.3.1        By Technology Type

6.6.3.3.2        By End-User Industry

7          COMPETITIVE LANDCAPE

7.1   Company Market Share Analysis

7.2   Four Quadrant Positioning Matrix

7.2.1        Market Leaders

7.2.2        Market Visionaries

7.2.3        Market Challengers

7.2.4        Niche Market Players

7.3   Vendor Landscape

7.3.1        North America

7.3.2        Europe

7.3.3        Asia Pacific

7.3.4        Rest of the World

7.4   Company Profiles  

7.4.1        Analog Devices Inc.  

7.4.1.1 Business Description & Financial Analysis

7.4.1.2 SWOT Analysis

7.4.1.3 Products & Services Offered

7.4.1.4 Strategic Alliances between Business Partners

7.4.2        Honeywell International Inc.

7.4.2.1 Business Description & Financial Analysis

7.4.2.2 SWOT Analysis

7.4.2.3 Products & Services Offered

7.4.2.4 Strategic Alliances between Business Partners

7.4.3        Netgear Inc.

7.4.3.1 Business Description & Financial Analysis

7.4.3.2 SWOT Analysis

7.4.3.3 Products & Services Offered

7.4.3.4 Strategic Alliances between Business Partners

7.4.4        Koninklijke Philips NV

7.4.4.1 Business Description & Financial Analysis

7.4.4.2 SWOT Analysis

7.4.4.3 Products & Services Offered

7.4.4.4 Strategic Alliances between Business Partners

7.4.5        Panasonic Corp.

7.4.5.1 Business Description & Financial Analysis

7.4.5.2 SWOT Analysis

7.4.5.3 Products & Services Offered

7.4.5.4 Strategic Alliances between Business Partners

7.4.6        Laser Light Global

7.4.6.1 Business Description & Financial Analysis

7.4.6.2 SWOT Analysis

7.4.6.3 Products & Services Offered

7.4.6.4 Strategic Alliances between Business Partners

7.4.7        Qualcomm Technologies Inc  

7.4.7.1 Business Description & Financial Analysis

7.4.7.2 SWOT Analysis

7.4.7.3 Products & Services Offered

7.4.7.4 Strategic Alliances between Business Partners

7.4.8        Huawei Technologies Co. Ltd.

7.4.8.1 Business Description & Financial Analysis

7.4.8.2 SWOT Analysis

7.4.8.3 Products & Services Offered

7.4.8.4 Strategic Alliances between Business Partners

7.4.9        Cisco Systems Inc.

7.4.9.1 Business Description & Financial Analysis

7.4.9.2 SWOT Analysis

7.4.9.3 Products & Services Offered

7.4.9.4 Strategic Alliances between Business Partners

7.4.10      Other Companies

7.4.10.1 Business Description & Financial Analysis

7.4.10.2 SWOT Analysis

7.4.10.3 Products & Services Offered

7.4.10.4 Strategic Alliances between Business Partners

8          RESEARCH METHODOLOGY

8.1   Market Introduction

8.1.1        Market Definition

8.1.2        Market Scope & Segmentation

8.2   Information Procurement

8.2.1        Secondary Research

8.2.1.1 Purchased Databases

8.2.1.2 GMEs Internal Data Repository

8.2.1.3 Secondary Resources & Third Party Perspectives

8.2.1.4 Company Information Sources

8.2.2        Primary Research

8.2.2.1 Various Application of Respondents for Primary Interviews

8.2.2.2 Number of Interviews Conducted throughout the Research Process

8.2.2.3 Primary Stakeholders

8.2.2.4 Discussion Guide for Primary Participants

8.2.3        Expert Panels

8.2.3.1 Expert Panels Across 30+ Industry

8.2.4        Paid Local Experts

8.2.4.1 Paid Local Experts Across 30+ Industry Across each Region

8.3   Market Estimation

8.3.1        Top-Down Approach

8.3.1.1 Macro-Economic Indicators Considered

8.3.1.2 Micro-Economic Indicators Considered

8.3.2        Bottom Up Approach

8.3.2.1 Company Share Analysis Approach

8.3.2.2 Estimation of Potential Product Sales

8.4   Data Triangulation

8.4.1        Data Collection

8.4.2        Time Series, Cross Sectional & Panel Data Analysis

8.4.3        Cluster Analysis

8.5   Analysis and Output

8.5.1        Inhouse AI Based Real Time Analytics Tool

8.5.2        Output From Desk & Primary Research

8.6   Research Assumptions & Limitations

8.6.1        Research Assumptions

8.6.2        Research Limitations

LIST OF TABLES

1 Global Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)

2 5G Technology  Market, By Region, 2020-2028 (USD Mllion)             

3 Visible Light Communication / Li-Fi Market, By Region, 2020-2028 (USD Mllion)  

4 Wireless Sensor Networks (WSN) Market, By Region, 2020-2028 (USD Mllion)    

5 Other Technologies Market, By Region, 2020-2028 (USD Mllion)  

6 Global Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)       

7 IT & Telecom  Market, By Region, 2020-2028 (USD Mllion)   

8 Manufacturing  Market, By Region, 2020-2028 (USD Mllion)

9 Automotive Market, By Region, 2020-2028 (USD Mllion)     

10 Military and Defense Market, By Region, 2020-2028 (USD Mllion)

11 Other Industries Market, By Region, 2020-2028 (USD Mllion)         

12 Regional Analysis, 2020-2028 (USD Mllion)

13 North America Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)      

14 North America Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)      

15 U.S. Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)

16 U.S. Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)   

17 Canada Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)

18 Canada Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)       

19 Mexico Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)

20 Mexico Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)       

21 Europe Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)

22 Europe Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)       

23 Germany Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)       

24 Germany Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)       

25 U.K. Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)

26 U.K. Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)   

27 France Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)

28 France Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)       

29 Italy Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)

30 Italy Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion) 

31 Spain Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)

32 Spain Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)       

33 Netherlands Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)       

34 Netherlands Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)

35 Rest Of Europe Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)      

36 Rest Of Europe Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)      

37 Asia Pacific Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)       

38 Asia Pacific Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)

39 China Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)

40 China Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)       

41 Japan Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)

42 Japan Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)       

43 India Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)

44 India Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)

45 South Korea Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)       

46 South Korea Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)

47 Singapore Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)       

48 Singapore Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)

49 Thailand Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)       

50 Thailand Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)       

51 Malaysia Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)       

52 Malaysia Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)       

53 Indonesia Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)       

54 Indonesia Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)

55 Vietnam Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)       

56 Vietnam Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)       

57 Taiwan Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion) 

58 Taiwan Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)       

59 Rest of APAC Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)       

60 Rest of APAC Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)      

61 Middle East & Africa Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)      

62 Middle East & Africa Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)           

63 Saudi Arabia Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)       

64 Saudi Arabia Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)

65 UAE Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)

66 UAE Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)   

67 Israel Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)

68 Israel Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)       

69 South Africa Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)       

70 South Africa Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)

71 Rest Of Middle East & Africa Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)

72 Rest Of Middle East & Africa Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)

73 Central & South America Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)           

74 Central & South America Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)

75 Brazil Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)

76 Brazil Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)       

77 Chile Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)

78 Chile Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)

79 Argentina Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)       

80 Argentina Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)

81 Rest Of Central & South America Next Generation Communication Market, By Technology Type, 2020-2028 (USD Mllion)   

82 Rest Of Central & South America Next Generation Communication Market, By End-User Industry, 2020-2028 (USD Mllion)   

83 Analog Devices Inc. : Products & Services Offering            

84 Honeywell International Inc.: Products & Services Offering       

85 Netgear Inc.: Products & Services Offering             

86 Koninklijke Philips NV: Products & Services Offering        

87 Panasonic Corp.: Products & Services Offering   

88 LASER LIGHT GLOBAL: Products & Services Offering               

89 Qualcomm Technologies Inc : Products & Services Offering        

90 Huawei Technologies Co. Ltd.: Products & Services Offering       

91 Cisco Systems Inc., Inc: Products & Services Offering      

92 Other Companies: Products & Services Offering  

LIST OF FIGURES

1 Global Next Generation Communication Market Overview

2 Global Next Generation Communication Market Value From 2020-2028 (USD Mllion)

3 Global Next Generation Communication Market Share, By Technology Type (2022)

4 Global Next Generation Communication Market Share, By End-User Industry (2022)

5 Global Next Generation Communication Market, By Region (Asia Pacific Market)

6 Technological Trends In Global Next Generation Communication Market

7 Four Quadrant Competitor Positioning Matrix

8 Impact Of Macro & Micro Indicators On The Market

9 Impact Of Key Drivers On The Global Next Generation Communication Market

10 Impact Of Challenges On The Global Next Generation Communication Market

11 Porter’s Five Forces Analysis

12 Global Next Generation Communication Market: By Technology Type Scope Key Takeaways

13 Global Next Generation Communication Market, By Technology Type Segment: Revenue Growth Analysis

14 5G Technology  Market, By Region, 2020-2028 (USD Mllion)

15 Visible Light Communication / Li-Fi Market, By Region, 2020-2028 (USD Mllion)  

16 Wireless Sensor Networks (WSN) Market, By Region, 2020-2028 (USD Mllion)    

17 Other Technologies Market, By Region, 2020-2028 (USD Mllion)     

18 Global Next Generation Communication Market: By End-User Industry Scope Key Takeaways

19 Global Next Generation Communication Market, By End-User Industry Segment: Revenue Growth Analysis

20 IT & Telecom  Market, By Region, 2020-2028 (USD Mllion)   

21 Manufacturing  Market, By Region, 2020-2028 (USD Mllion)

22 Automotive Market, By Region, 2020-2028 (USD Mllion)

23 Military and Defense Market, By Region, 2020-2028 (USD Mllion)

24 Other Industries Market, By Region, 2020-2028 (USD Mllion)

25 Regional Segment: Revenue Growth Analysis

26 Global Next Generation Communication Market: Regional Analysis

27 North America Next Generation Communication Market Overview

28 North America Next Generation Communication Market, By Technology Type

29 North America Next Generation Communication Market, By End-User Industry

30 North America Next Generation Communication Market, By Country

31 U.S. Next Generation Communication Market, By Technology Type

32 U.S. Next Generation Communication Market, By End-User Industry

33 Canada Next Generation Communication Market, By Technology Type

34 Canada Next Generation Communication Market, By End-User Industry

35 Mexico Next Generation Communication Market, By Technology Type

36 Mexico Next Generation Communication Market, By End-User Industry

37 Four Quadrant Positioning Matrix

38 Company Market Share Analysis

39 Analog Devices Inc. : Company Snapshot

40 Analog Devices Inc. : SWOT Analysis

41 Analog Devices Inc. : Geographic Presence

42 Honeywell International Inc.: Company Snapshot

43 Honeywell International Inc.: SWOT Analysis

44 Honeywell International Inc.: Geographic Presence

45 Netgear Inc.: Company Snapshot

46 Netgear Inc.: SWOT Analysis

47 Netgear Inc.: Geographic Presence

48 Koninklijke Philips NV: Company Snapshot

49 Koninklijke Philips NV: Swot Analysis

50 Koninklijke Philips NV: Geographic Presence

51 Panasonic Corp.: Company Snapshot

52 Panasonic Corp.: SWOT Analysis

53 Panasonic Corp.: Geographic Presence

54 Laser Light Global: Company Snapshot

55 Laser Light Global: SWOT Analysis

56 Laser Light Global: Geographic Presence

57 Qualcomm Technologies Inc : Company Snapshot

58 Qualcomm Technologies Inc : SWOT Analysis

59 Qualcomm Technologies Inc : Geographic Presence

60 Huawei Technologies Co. Ltd.: Company Snapshot

61 Huawei Technologies Co. Ltd.: SWOT Analysis

62 Huawei Technologies Co. Ltd.: Geographic Presence

63 Cisco Systems Inc., Inc.: Company Snapshot

64 Cisco Systems Inc., Inc.: SWOT Analysis

65 Cisco Systems Inc., Inc.: Geographic Presence

66 Other Companies: Company Snapshot

67 Other Companies: SWOT Analysis

68 Other Companies: Geographic Presence 

The Global Next Generation Communication Market has been studied from the year 2019 till 2028. However, the CAGR provided in the report is from the year 2023 to 2028. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Next Generation Communication Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

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Frequently Asked Questions

The global next generation communications market is expected to grow at a CAGR of 20.5% from 2023 to 2028.
The key players operating in the market are Analog Devices Inc., Accenture Plc, Cisco Systems Inc., Honeywell International Inc., Huawei Technologies Co. Ltd., Koninklijke Philips NV, Qualcomm Technologies Inc., Panasonic Corp., Netgear Inc. and Laser Light Global among others.
The global Next Generation Communication (NGC) market offers several opportunities for growth and innovation. Firstly, the rollout of 5G networks presents a significant opportunity for the NGC market as it offers higher bandwidth, lower latency, and increased reliability for applications such as autonomous vehicles, smart cities, and remote healthcare. Secondly, the growing adoption of Internet of Things (IoT) devices presents a significant opportunity for the NGC market, as NGC technologies such as 5G networks and edge computing are critical for supporting the massive amounts of data generated by these devices.
The market for Next Generation Communication (NGC) is being driven by several factors. One of the main drivers is the rapid growth of data traffic and the need for faster and more reliable communication networks. NGC technologies such as 5G networks, fiber-optic networks, and satellite communication systems offer higher bandwidth, lower latency, and increased reliability, which are critical for meeting the growing demand for data.

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