5G research and trial investments to hit $5 billion by 2020

January 20, 2015 // By Jean-Pierre Joosting
Market research firm, MarketResearch.com in its latest report claims that R&D and trial network investments based on 5G wireless technology are expected to reach $5 Billion annually by 2020.

Driven by regional, national government, and wireless carrier and vendor initiatives, it is expected that 5G R&D and trial investments will account for nearly $5 Billion by 2020, with a CAGR of nearly 40% over the next 5 years.

While LTE and LTE-Advanced is still being used, wireless carriers and vendors are already working on developing the potential "5G" technology, with hopes for commercialization by 2020. 5G aims to be revolutionary in wireless networking to support the future bandwidth of augmented reality applications, connectivity, and the future of M2M devices.

Although 5G is not standardized, some of the attributes of the technology include: new air interface transmission schemes, new spectrum bands, spectrum aggregation, Massive MIMO, beamforming, D2D (Device to Device) communications and self-backhauling, among others.

www.marketresearch.com

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