Global 5G Video Market 2024–2033

Reports Description

As per the current market research conducted by the CMI Team, the global 5G Video Market is expected to record a CAGR of 6.2% from 2023 to 2032. In 2023, the market size is projected to reach a valuation of USD 622.8 Million. By 2032, the valuation is anticipated to reach USD 1070.1 Million.

5G Video Specifications

Source: According to CMI Market Research Team Analysis

The 5G Video Market is a dynamic sector within the telecommunications and technology industry, leveraging fifth generation (5G) networks to revolutionize video services. This market encompasses the development, deployment, and utilization of high-speed, low latency 5G networks to transmit and enhance video content.

With a focus on diverse applications, from entertainment and education to enterprise solutions, the 5G Video Market strives to redefine connectivity, offering users unparalleled and immersive video experiences.

5G Video Market – Significant Growth Factors

The 5G Video Market presents significant growth opportunities due to several factors:

• Network Capacity and Speed Enhancement: The primary driver is the substantial increase in network capacity and speed offered by 5G technology. This facilitates high-quality video streaming, ultra-high-definition content, and low-latency applications, meeting the growing demand for seamless video experiences.

• Proliferation of IoT Devices: The integration of 5G with the Internet of Things (IoT) supports a massive number of connected devices, enhancing video services for applications such as surveillance cameras, smart home devices, and industrial IoT solutions.

• Immersive Technologies Adoption: The surge in adoption of augmented reality (AR) and virtual reality (VR) applications relies on 5G’s capabilities, driving demand for immersive video experiences in gaming, education, and virtual events.

• Dynamic Content Delivery Models: Dynamic content delivery models, optimized for 5G networks, contribute to reduced latency and improved quality of service, enhancing the efficiency of video streaming and positively impacting the market.

• Enterprise Applications: Opportunities lie in leveraging 5G video services for various enterprise applications, including video conferencing, remote collaboration, and virtual events, enhancing business communications and operations.

• Smart City Initiatives: 5G enables video-centric applications in smart city projects, such as intelligent traffic management, surveillance, and public safety, creating opportunities for market expansion in the realm of urban development.

• Personalized and Context-Aware Content: Opportunities exist for delivering personalized and context-aware video content, utilizing 5G’s capabilities for real-time analytics and AI-driven insights, enhancing user engagement and satisfaction.

• Healthcare and Telemedicine: The adoption of 5G video services in healthcare for telemedicine, remote consultations, and medical training creates opportunities to revolutionize healthcare delivery, providing efficient and high-quality services to patients and medical professionals.

5G Video Market – Mergers and Acquisitions

The 5G Video Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the 5G Video Market include:

• In 2021, Qualcomm unveiled its second-generation 5G Fixed Wireless Access Platform, featuring 10 Gigabit 5G connectivity for residences and businesses. Utilizing the advanced Snapdragon X65 5G Modem-RF System, this platform empowers mobile operators to provide high-speed fixed internet broadband services, expanding opportunities and leveraging existing 5G network infrastructure.

• In 2020, Huawei introduced a groundbreaking 5G microwave long-reach E-band solution, merging intelligent beam tracking (IBT) antenna technology with high-power E-band capabilities. This innovation extends the E-band transmission distance from 3 km to 5 km, delivering a 20 Gb/s capacity. The enhanced solution simplifies site deployment requirements, facilitating the rapid deployment of 5G infrastructure.

• In 2020, Cisco unveiled a converged SDN transport solution, empowering PLDT in the Philippines to maximize the capabilities of 5G, ensuring an enhanced customer experience. This innovative solution marks a strategic step toward leveraging software-defined networking for seamless and efficient 5G network management.

These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the 5G Video Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

5G Video Market – Significant Threats

The 5G Video Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

• Infrastructure Costs and Investment: The significant upfront costs associated with building and upgrading 5G infrastructure pose a threat. The extensive investment required for network deployment, especially in less developed regions, may deter widespread adoption and hinder market growth.

• Security Concerns: The increased complexity of 5G networks opens avenues for security threats, including cyberattacks and unauthorized access. Addressing these concerns is critical to maintaining user trust and ensuring the secure transmission of video content.

• Regulatory Challenges: Evolving and diverse regulatory frameworks across different regions pose a threat to the seamless global deployment of 5G video services. Regulatory uncertainties can hinder market expansion and create barriers to entry for service providers.

• Consumer Affordability: The cost of 5G-enabled devices and services may present a barrier to consumer adoption. Affordability concerns could slow down the transition to 5G, limiting the market’s potential growth, especially in price-sensitive markets.

• Competition from Existing Technologies: Legacy technologies, such as 4G/LTE, may continue to serve certain video applications effectively. The slow phasing out of these technologies could pose a threat if consumers and businesses perceive them as more cost-effective alternatives.

• Health and Environmental Concerns: Public concerns about the potential health impacts of prolonged exposure to 5G radiation and environmental implications could lead to resistance or regulatory challenges, impacting the widespread acceptance and deployment of 5G networks and video services.

Report Scope

Category-Wise Insights

By Type

• Enhanced Mobile Broadband (eMBB): eMBB in the 5G Video Market focuses on providing high-speed, low-latency mobile data, enabling seamless video streaming, gaming, and virtual experiences. Trends include the proliferation of high-quality video content, AR, and VR applications, transforming the user experience and driving demand for faster and more reliable broadband connections.

• Ultra-Reliable Low Latency Communications (URLLC): URLLC ensures highly reliable and low-latency connections, crucial for real-time applications like critical video communications, remote surgeries, and industrial automation. Trends involve the integration of URLLC for responsive video conferencing, live streaming, and mission-critical video applications, enhancing precision and reliability.

• Massive Machine Type Communications (mMTC): mMTC supports the connectivity of a massive number of devices, impacting video services in applications like IoT-enabled surveillance and smart city deployments. Trends include the integration of mMTC for scalable video solutions, meeting the demands of interconnected devices and expanding the reach of video services.

By Service

• Video-on-Demand (VoD): VoD in the 5G Video Market refers to on-demand access to video content. Trends include the seamless delivery of high-quality, ultra-HD content, personalized recommendations, and real-time streaming. Users benefit from instant access to a vast library of video content on their 5G-enabled devices, enhancing the on-the-go viewing experience.

• Live Streaming: Live streaming in the 5G Video Market involves real-time video content delivery. Trends include low-latency streaming for live events, interactive features, and high-definition broadcasts. 5G enables smoother and more immersive live streaming experiences, fostering engagement and expanding opportunities for content creators and consumers alike.

• Interactive Video: Interactive video in the 5G Video Market involves two-way communication and collaboration. Trends include augmented reality (AR) and virtual reality (VR) integration, enabling interactive and personalized experiences. 5G’s low latency supports responsive interactions, making interactive video applications more dynamic and engaging for users across various industries.

By Application

• Entertainment and Gaming: Encompassing streaming services and online gaming, the 5G Video Market in entertainment and gaming delivers ultra-fast, low-latency experiences, facilitating immersive content consumption and gaming interactions. Trends include the rise of cloud gaming platforms and augmented reality (AR) applications for an enhanced user experience.

• Enterprise and Collaboration: In enterprise and collaboration, 5G video services empower seamless video conferencing, remote collaboration, and virtual meetings. The trend involves the integration of AI-driven features for improved communication and the transition to hybrid work models, enhancing business operations.

• Healthcare: 5G video applications in healthcare revolutionize telemedicine, surgery broadcasts, and medical training. Trends include real-time remote consultations, high-definition imaging for diagnostics, and the incorporation of augmented reality (AR) for surgical procedures, elevating the efficiency and accessibility of healthcare services.

• Education: Education in the 5G Video Market embraces remote learning, virtual classrooms, and interactive educational content. Trends involve personalized learning experiences, virtual field trips, and the integration of augmented reality (AR) for immersive educational content, enhancing accessibility and engagement.
• Others: The “Others” category in the 5G Video Market includes diverse applications like smart city initiatives, retail experiences, and smart manufacturing. Trends encompass real-time analytics, AI-driven insights, and context-aware content delivery, contributing to the overall expansion of 5G video services across various industries.

Industry Vertical

• Telecom and IT: In the 5G Video Market, Telecom and IT focus on developing and enhancing 5G infrastructure. Trends include massive investments in network expansion, improving data speeds, and reducing latency, ensuring robust connectivity for seamless video streaming and supporting the integration of edge computing for optimized video delivery.

• Media and Entertainment: Media and Entertainment in the 5G Video Market encompass the creation, distribution, and consumption of high-quality video content. Trends include the proliferation of immersive experiences through augmented and virtual reality, dynamic content delivery models, and partnerships with content providers to offer diverse and engaging video experiences.

• Others: The “Others” category in the 5G Video Market includes various industries adopting 5G video services. This spans healthcare, education, manufacturing, and smart city initiatives. Trends involve leveraging 5G for applications like telemedicine, remote learning, industrial training, and smart city surveillance, showcasing the versatility and transformative potential of 5G video technology.

By Deployment Type

• Public Cloud: The public cloud in the 5G Video Market refers to deploying video services on shared, third-party cloud infrastructure. It offers scalability, cost-efficiency, and accessibility. Trends include increased adoption by service providers, leveraging cloud resources for efficient video content delivery, and supporting dynamic demand fluctuations.

• Private Cloud: Private cloud deployment involves utilizing dedicated cloud infrastructure for 5G video services. It provides enhanced security and control. Trends include the adoption by enterprises seeking exclusive control over video content, ensuring data privacy and compliance, and catering to specific organizational needs.

By End User

• Consumers: In the 5G Video Market, consumers benefit from ultra-fast video streaming, immersive experiences, and enhanced connectivity on mobile devices. Trends include personalized content delivery, augmented reality applications, and increased demand for high-quality, low-latency video services, transforming how individuals access and engage with video content.
• Businesses: For businesses, the 5G Video Market offers advanced video conferencing, remote collaboration, and innovative applications. Trends involve the integration of video analytics, AI-driven insights, and customized enterprise solutions, optimizing communication, operations, and customer engagement in a dynamic and connected business environment.

5G Video Market – Regional Analysis

The 5G Video Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

• North America: In North America, the trend in the 5G Video Market revolves around the widespread deployment of 5G networks to support emerging technologies. Applications such as augmented reality (AR) and virtual reality (VR) have gained prominence, and there’s a focus on developing content delivery strategies for high-quality video streaming.

• Europe: Europe sees a trend toward cross-industry collaboration for 5G video applications. Integration with smart city initiatives and emphasis on sustainable and energy-efficient network infrastructure are prevalent. The region also witnesses the growing adoption of 5G video services in healthcare and education.

• Asia-Pacific: Asia-Pacific experiences a surge in demand for 5G video services, driven by the rapid expansion of 5G networks. Trends include innovative applications in gaming, entertainment, and live streaming. Additionally, there’s an increased focus on leveraging 5G for industrial applications and fostering digital connectivity in emerging markets.

• LAMEA (Latin America, Middle East, and Africa): LAMEA observes a trend of accelerated 5G adoption for video services, particularly in urban development projects. The region emphasizes smart city solutions, enhancing public safety and infrastructure management through video-centric applications. Additionally, there’s a growing interest in utilizing 5G video for educational initiatives.

Competitive Landscape – 5G Video Market

The 5G Video Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:

• Verizon Communications Inc.
• AT&T Inc.
• China Mobile Limited
• NTT DOCOMO Inc.
• Qualcomm Incorporated
• Ericsson
• Nokia Corporation
• Samsung Electronics Co. Ltd.
• Huawei Technologies Co. Ltd.
• Cisco Systems Inc.
• Intel Corporation
• ZTE Corporation
• SK Telecom Co. Ltd.
• Telefonaktiebolaget LM Ericsson
• Telecom Italia S.p.A.
• Others

These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.

New players like VidCo Tech and Vortex Innovations have entered the 5G Video Market with innovative solutions, focusing on augmented reality (AR) applications and personalized content delivery. However, key players like Verizon, Huawei, and Qualcomm dominate the market. Verizon’s extensive 5G infrastructure investments ensure widespread coverage, Huawei excels in providing end-to-end 5G solutions, and Qualcomm’s chipset advancements drive device capabilities.

These key players lead through a combination of technological prowess, global presence, and strategic collaborations, establishing a stronghold in the competitive landscape of the rapidly evolving 5G Video Market.

The 5G Video Market is segmented as follows:

By Type

• Enhanced Mobile Broadband (eMBB)
• Ultra-Reliable Low Latency Communications (URLLC)
• Massive Machine Type Communications (mMTC)

By Service

• Video-on-Demand (VoD)
• Live Streaming
• Interactive Video

By Application

• Entertainment and Gaming
• Enterprise and Collaboration
• Healthcare
• Education
• Others

By Industry Vertical

• Telecom and IT
• Media and Entertainment
• Others

By Deployment Type

• Public Cloud
• Private Cloud

By End User

• Consumers
• Businesses

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America