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Technology

5G Devices Market Will Surpass USD 26.1 Billion by 2026

The global 5G devices market in 2019 was approximately USD 2.67 billion. The market is expected to grow at a CAGR of 38% and is anticipated to reach around USD 26.1 billion by 2026.

5G is referred to as fifth-generation technology for cellular networks. 5G is a successor to 4G, fourth-generation cellular network technology. In 5G networks, 5G network service areas are divided into cells, small geographical areas. Every 5G device belonging to a cell is connected to the telephone network or the Internet through an antenna present in the cell. One of the main advantages of the 5G technology is that it has higher bandwidth and hence offer high internet speed as well as download speed. 5G networks can give download speeds up to 10 gigabits per second. This higher spending is achieved by using high-frequency radio waves. The frequency of these waves is higher than the previous cellular network technologies.

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The global 5G devices market is expected to foresee significant growth in the future owing to rapid development and deployment of 5G technology by major telecom operators around the world. Deployment of 5G technology is the primary growth driving factor for the 5G devices market.

The 5G devices market research report delivers an acute valuation and taxonomy of the 5G devices industry by practically splitting the market on the basis of different device types, frequency bands, end-users, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

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Top Market Players

Some of the essential players operating in the 5G devices market, but not restricted to include Verizon Communications, Analog Devices, NEC, Cavium, Huawei, Cisco, Intel, Nokia, Leapfrog 5G Devices, Qorvo, Ericsson, Samsung, SK Telecom, ZTE, Korea Telecom, Mediatek, MACOM, T-Mobile, among others.

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Technology

5G Transport Networks Market to be Driven by New Investments in 5G Infrastructure: Facts & Factors

The Global 5G Transport Networks Market Is Driven by High Investments in 5G Infrastructure Around the World and Is Expected to be Driven by Commercial Launches of 5G Products into The Market.

A transport network is independent of the higher-layer network, which exists between customers. Commercial and mass deployments of 5G technology are on the rise and this technology is expected to be limited to mobile phones, handsets, and sensors. Companies are focusing on radio access for connecting end-user with a network. Telecom operators are rapidly deploying 5G networks for evolving mobile broadband services and widening the applicability of 5G technology in various industry verticals. This has led to a growing need for a transport network that can enable 5G. 5G transport network applications can be categorized into ultra-reliable Low-latency Communications (URLLC) uses, enhanced Mobile Broadband (eMBB) uses, and massive Machine-Type Communications (mMTC) uses.

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The 5G transport networks market is segmented based on component, type, end-user, and region. In terms of components, the global 5G transport network is classified into hardware, consulting & integration services, and support & maintenance services. On the basis of type segmentation, the market is classified into backhaul, midhaul, and fronthaul. In terms of end-user segmentation, the market is bifurcated into enterprises and telecom operators.

The 5G transport networks market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire 5G transport networks market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

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Top Market Players

Some of the essential players operating in the 5G transport networks market, but not restricted to include Huawei Technologies Co., Ltd., Telefonaktiebolaget LM Ericsson, Ciena Corporation, ZTE Corporation, Fujitsu Limited, Nokia Corporation, Cisco Systems, Inc., among others.

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Technology

Corporate Assessment Services Market Size Will Hit USD 3,500 Million by 2026

The global corporate assessment services market in 2019 was approximately USD 2,000 Million. The market is expected to grow above a CAGR of 8.0% and is anticipated to reach over USD 3,500 Million by 2026.

The corporate assessment normally includes talent assessment tests, pre-employment tests, career aptitude tests, personality tests, learning and thinking assessment,  personality/behavioral assessment, technical and domain knowledge assessment, etc. Corporate assessment is often opted by companies for choosing the appropriate candidate for the position. Corporate and performance assessment helps HR for designing tests in various formats made available by assessment service providers. Regular assessment of employees can help the company to track employee performance and the team can address the performance issue.

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The corporate assessment services market research report delivers an acute valuation and taxonomy of the corporate assessment services industry by practically splitting the market on the basis of different types, categories, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Key Segments: Corporate Assessment Services Market

The corporate assessment services market is segmented based on type, application, and region. On the basis of type segmentation, the market is classified into psychometric tests, aptitude tests, in-person interviews, and others. On the basis of application, the market is classified into the recruitment of frontline employees, recruitment of managers, and internal assessment and promotion.

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Top Market Players

Some of the essential players operating in the corporate assessment services market, but not restricted to include Aon plc, Cubiks Ltd., Psytech International, Korn Ferry, Target Training International, Ltd., Gartner, Inc. (CEB), Talent Plus, Hogan Assessment, Eduquity Career Technologies, Harrison assessments, StrengthsAsia Pte Ltd, DDI, TeamLease Services Ltd, AssessFirst, Central Test, NSE.IT, Chandler Macleod Group Limited, MeritTrac, Mettl, Beisen Cloud Computing Co., Ltd., and others.

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Technology

Cloud Computing Market Will Surpass USD 1025.9 Billion by 2026

The global cloud computing market in 2019 was approximately USD 321 Billion. The market is expected to grow at a CAGR of 18% and is anticipated to reach around USD 1025.9 Billion by 2026.

Cloud computing is an information technology service delivery model where computing resources and software tools are offered by third-party service providers through the Internet network. Cloud computing provides various advantages over on-site hardware infrastructure, such as fast installation, scalability, low cost, mobile support, and lower network maintenance.

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The cloud computing market research report delivers an acute valuation and taxonomy of the cloud computing industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Key Segments: Cloud Computing Market

The cloud computing market is segmented based on the service model, deployment model, organization size, and vertical. On the basis of service model segmentation, the market is classified into infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS). In terms of deployment model segmentation, the market is bifurcated into public, private, and hybrid. On the basis of organization size, the market has been segmented into large enterprises, small and medium-sized enterprises. The vertical segment has been further bifurcated into banking, financial services, and insurance (BFSI), IT & telecom, government & public sector, retail, healthcare, energy and utilities, media and entertainment, and manufacturing amongst others.

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Major Market Players

Some of the essential players operating in the cloud computing market, but not restricted to include Amazon.com Inc., Microsoft Corporation, Alphabet Inc., Oracle Corporation, Cisco Systems, Inc., Salesforce.com, Inc., SAP SE, VMware, Inc., IBM, Rackspace Inc., Adobe Systems Inc., SAS Institute Inc., Dell EMC Corp., and TIBCO Software Inc. amongst others.