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.
Singapore to remove One-Time Passwords from Bank Accounts
According to the Monetary Authority of Singapore, clients who utilise secur...
Is 375 million Airtel subscribers database breached?
When a hacker claims to have accessed and put up for sale a customer databa...
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
ICONS OF INDIA : RAMESH NATRAJAN
Ramesh Natarajan, CEO of Redington Limited, on overcoming ‘technolog...
Icons Of India : Harsh Jain
Harsh Jain, the co-founder of Dream 11, the largest fantasy sports web...
Icons Of India : Anil Kumar Lahoti
Anil Kumar Lahoti, Chairman, Telecom Regulatory Authority of India (TR...
NIC - National Informatics Centre
NIC serves as the primary IT solutions provider for the government of ...
LIC - Life Insurance Corporation of India
LIC is the largest state-owned life insurance company in India...
ITI - ITI Limited
ITI Limited is a leading provider of telecommunications equipment, sol...
Indian Tech Talent Excelling The Tech World - Thomas Kurian, CEO- Google Cloud
Thomas Kurian, the CEO of Google Cloud, has been instrumental in expan...
Indian Tech Talent Excelling The Tech World - JAY CHAUDHRY, CEO – Zscaler
Jay Chaudhry, an Indian-American technology entrepreneur, is the CEO a...
Indian Tech Talent Excelling The Tech World - Soni Jiandani, Co-Founder- Pensando Systems
Soni Jiandani, Co-Founder of Pensando Systems, is a tech visionary ren...