Fueling the 5G Frenzy to Meet Rapid Rollout of Technology Across the Globe
By MYBRANDBOOK
Lux Research is a leading provider of tech-enabled research and advisory services, helping clients drive growth through technology innovation and the Lux empowers clients to make more informed decisions today to ensure future success. It says about $2.3 Billion Market Created for High-Frequency Substrate Materials as 5G Infrastructure Rolls out Worldwide
From consumer cell phones and wireless networks to the technology arms race taking place between global superpowers, carriers are implementing 5G networks at breakneck speed. Behind the scenes, demand is growing for cheap, high-performing materials that will allow millions of devices to connect to these new high-frequency networks.
To help navigate this rapidly changing and emerging industry, Lux Research – a leading provider of tech-enabled research and advisory services – has issued a new report, "Materials for 5G: Opportunities in mmWave Substrates."
Carriers waging war fo 5G in the United States. Graphic from Lux Research's new report, “Materials for 5G: Opportunities in mmWave Substrates.”
The report details the progress that has been made on the rollout of 5G networks and technologies to date, identifies the unmet material needs for mmWave technology to enable millions of new devices, and reviews the current technology options and emerging alternatives, with a focus on innovative groups that are already beginning to tackle these challenges. Lux also forecasts in the report the future market demand and expected market share for different materials as 5G networks continue to proliferate globally.
"Despite political headwinds, telecommunications giants, retailers, tech companies, and world governments have all embraced the promise of 5G technology," said Anthony Schiavo, Senior Analyst at Lux Research and lead author of the report. "In order to meet this relatively new but rapidly growing demand, a separate materials arms race has emerged. Currently, liquid-crystal polymers (LCP), polyimides (PI), and polytetrafluoroethylene (PTFE) substrates are leading the way in this competition to meet high frequency demand."
By 2030, the market for materials that can adequately meet these new 5G demands is likely to reach 14,000 MT of materials, totaling $2.3 billion. mmWave-enabled cell phones will be the initial market for these advanced materials, but 5G infrastructure will become the largest source of demand by 2024.
For more information about the emergence of 5G networks and the materials that are needed to meet this growing demand, you can download the report's executive summary here.
BHIM to join e-commerce, competing with PhonePe and Google Pay
The government-supported payment software BHIM is getting ready to join t...
The latest version of X helps prevent deepfakes on social medi
To combat deepfakes and shallowfakes, Elon Musk revealed a new update t...
India and Namibia collaborate on a payment system similar to U
Once operational, the platform will enable digital transactions in Namibia,...
Sebi issues show-cause notices to six Adani group firms
Sebi issued show-cause notices to six Adani Group firms, including Adani ...
MICROMAX INFORMATICS LTD.
TP-LINK INDIA PVT LTD.
VERSA NETWORKS INDIA PVT. LTD.
ATRIE TECHNOLOGY PVT. LTD.
Technology Icons Of India 2023: Dr. P D Vaghela
Dr PD Vaghela serves as the Chairperson of Telecommunications Regulato...
Technology Icons Of India 2023: Rishad Premji
Rishad Premji is the son of the Wipro head Azim Premji and was named a...
Technology Icons Of India 2023: Shailendra Katyal
Shailendra is instrumental in Lenovo achieving the no.1 position in PC...
NIC bridging the digital divide and supporting government in eGovernance
The National Informatics Centre (NIC) is an Indian government departme...
ECIL continues to keep India ahead in the growth of Information Technology and Electronics
ECIL played a very significant role in the training and growth of high...
C-DAC keeps India ahead in IT & Electronics R&D space
Centre for Development of Advanced Computing (C-DAC) is the premier R&...
M. TECH SOLUTIONS (I) PVT. LTD.
M.Tech is a leading cyber security and network performance solutions ...
IRIS GLOBAL SERVICES PVT. LTD.
Iris Global services is one of the leading distribution houses that d...
WPG C&C COMPUTERS & PERIPHERALS PVT. LTD.
WPG C&C Computers & Peripherals (India) was incorporated in 2008 and ...