DUBLIN, Dec. 15, 2020 /PRNewsCentre/ — The "LTE & 5G NR-Based CBRS Networks: 2020 – 2030: Opportunities, Challenges, Strategies & Forecasts" report from SNS Telecom & IT has been added to ResearchAndMarkets.com’s offering.
The "LTE & 5G NR-Based CBRS Networks: 2020 – 2030 – Opportunities, Challenges, Strategies & Forecasts" report presents a detailed assessment of the market for LTE and 5G NR in CBRS spectrum including the value chain, market drivers, barriers to uptake, enabling technologies, key trends, future roadmap, business models, use cases, application scenarios, standardization, regulatory landscape, case studies, ecosystem player profiles and strategies.
The CBRS market remains largely unfazed by the economic disruption associated with the COVID-19 pandemic, with the exception of certain enterprise and vertical submarkets. The report estimates that annual investments in LTE and 5G NR-based CBRS RAN (Radio Access Network) infrastructure will account for more than $300 Million by the end of 2020. Complemented by an expanding selection of CBRS-equipped end-user devices, the market is further expected to grow at a CAGR of approximately 52% between 2020 and 2023 to surpass $1 Billion in annual spending by 2023.
Following authorization of FCD (Full Commercial Deployment) by the FCC (Federal Communications Commission) and completion of the recent PAL (Priority Access License) auction, LTE-based CBRS network deployments are beginning to gain considerable momentum, with thousands of operational cell sites throughout the United States to support use cases as diverse as mobile network densification, FWA (Fixed Wireless Access), neutral host infrastructure, and private cellular networks for enterprises and vertical industries.
In the coming years, we also anticipate the rollout of 5G NR network equipment operating in the CBRS band, which will lay the foundations for advanced application scenarios with more demanding performance requirements in terms of throughput, latency, reliability, availability and connection density – for example, industrial IoT applications such as connected production machinery, mobile robotics, AGVs (Automated Guided Vehicles) and AR (Augmented Reality)-assisted troubleshooting.
The report also provides forecasts for LTE and 5G NR-based CBRS RAN infrastructure and terminal equipment from 2020 till 2030. The forecasts cover two air interface technologies, two cell type categories, five device form factors, seven use cases and ten vertical industries.
Key Findings
The CBRS market remains largely unfazed by the economic disruption associated with the COVID-19 pandemic, with the exception of certain enterprise and vertical submarkets. The publisher estimates that annual investments in LTE and 5G NR-based CBRS RAN infrastructure will account for more than $300 Million by the end of 2020.
Complemented by an expanding selection of CBRS-equipped end-user devices, the market is further expected to grow at a CAGR of approximately 52% between 2020 and 2023 to surpass $1 Billion in annual spending by 2023.
LTE-based CBRS network deployments are beginning to gain considerable momentum, with thousands of operational cell sites throughout the United States to support use cases as diverse as mobile network densification, FWA, neutral host infrastructure, and private cellular networks for enterprises and vertical industries.
The publisher expects initial rollouts of 5G NR network equipment in the CBRS band to commence in 2021, paving the way for industrial IoT and other advanced application scenarios with demanding performance requirements in terms of throughput, latency, reliability, availability and connection density.
Key Questions Answered
The report provides answers to the following key questions:
Topics Covered
The report covers the following topics:
Forecast Segmentation
Market forecasts are provided for each of the following submarkets and their subcategories:
CBRS RAN Infrastructure
CBRS Terminal Equipment
An Overview of LTE & 5G NR-Based CBRS Networks
Spectrum: The Lifeblood of the Wireless Communications Industry
How CBRS Spectrum Differs From Traditional Licensed Frequencies
Why Utilize CBRS Spectrum for LTE & 5G NR Networks?
The Value Chain of LTE & 5G NR-Based CBRS Networks
Market Drivers
Market Barriers
For more information about this report visit https://www.researchandmarkets.com/r/nx77ax
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SOURCE: Research and Markets
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