Global 5G in Energy and Utilities Market 2024-2033 by Offering (Hardware, Software, Services), Spectrum (Low, Mid, High), Communication Type (FWA, EMBB, MMTC, URLLC), Application, End Use (Electricity, Water, Gas, Others), and Region: Trend Forecast and Growth Opportunity
- Report ID: 65408
- Date: May, 2024
- Pages: 173
- Category: Energy & Power
Global 5G in energy and utilities market will reach $18,934.2 million by 2033, growing by 36.7% annually over 2024-2033, driven by the advantages and growing rollout of 5G networks, technological advancements, favorable government supports, and the rising deployment of artificial intelligence (AI), smart meters, and IoT-enabled devices in energy and utility industry.
Highlighted with 84 tables and 84 figures, this 173-page report “Global 5G in Energy and Utilities Market 2024-2032 by Offering (Hardware, Software, Services), Spectrum (Low, Mid, High), Communication Type (FWA, EMBB, MMTC, URLLC), Application, End Use (Electricity, Water, Gas, Others), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global 5G in energy and utilities market and all its sub-segments through extensively detailed classifications.
Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2021-2023 and provides forecast from 2024 till 2033 with 2023 as the base year.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global 5G in energy and utilities market in every aspect of the classification from perspectives of Offering, Spectrum, Communication Type, Application, End Use, and Region.
Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.
• Hardware
• Software
• Services
Based on Spectrum, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.
• Low-Band
• Mid-Band
• High-Band
By Communication Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.
• Fixed Wireless Access (FWA)
• Enhanced Mobile Broadband (EMBB)
• Massive Machine-type Communications (MMTC)
• Ultra-reliable Low-latency Communication (URLLC)
By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.
• Remote Monitoring
• Energy Distribution
• Smart Home Applications
• Climate Monitoring
• Maintenance and Supports
By End Use, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.
• Electricity Grid Management
• Water and Wastewater Management
• Utility Gas Management
• Other End Uses
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa and Rest of MEA)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2024-2033. The breakdown of all regional markets by country and split of each national market by Communication Type, Application, and End Use over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
American Tower
AT&T
Carritech
Cisco Systems
Ericsson
Huawei
Infosys
LG
Microsoft Azure
NEC Corporation
Nokia
Orange
Qualcomm
Samsung
Tech Mahindra
Verizon
Vodafone Limited
ZTE Corporation
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 26
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 28
2.2 Major Growth Drivers 32
2.3 Market Restraints and Challenges 40
2.4 Emerging Opportunities and Market Trends 43
2.5 Porter’s Fiver Forces Analysis 47
3 Segmentation of Global Market by Offering 51
3.1 Market Overview by Offering 51
3.2 Hardware 53
3.3 Software 54
3.4 Services 55
4 Segmentation of Global Market by Spectrum 56
4.1 Market Overview by Spectrum 56
4.2 Low-Band 58
4.3 Mid-Band 59
4.4 High-Band 60
5 Segmentation of Global Market by Communication Type 61
5.1 Market Overview by Communication Type 61
5.2 Fixed Wireless Access (FWA) 63
5.3 Enhanced Mobile Broadband (EMBB) 64
5.4 Massive Machine-type Communications (MMTC) 65
5.5 Ultra-reliable Low-latency Communication (URLLC) 66
6 Segmentation of Global Market by Application 67
6.1 Market Overview by Application 67
6.2 Remote Monitoring 69
6.3 Energy Distribution 70
6.4 Smart Home Applications 71
6.5 Climate Monitoring 72
6.6 Maintenance and Supports 73
7 Segmentation of Global Market by End Use 74
7.1 Market Overview by End Use 74
7.2 Electricity Grid Management 76
7.3 Water and Wastewater Management 77
7.4 Utility Gas Management 78
7.5 Other End Uses 79
8 Segmentation of Global Market by Region 80
8.1 Geographic Market Overview 2022-2032 80
8.2 North America Market 2022-2032 by Country 84
8.2.1 Overview of North America Market 84
8.2.2 U.S. 88
8.2.3 Canada 91
8.2.4 Mexico 93
8.3 European Market 2022-2032 by Country 95
8.3.1 Overview of European Market 95
8.3.2 Germany 99
8.3.3 U.K. 101
8.3.4 France 103
8.3.5 Spain 105
8.3.6 Italy 107
8.3.7 Netherlands 109
8.3.8 Rest of European Market 111
8.4 Asia-Pacific Market 2022-2032 by Country 113
8.4.1 Overview of Asia-Pacific Market 113
8.4.2 Japan 117
8.4.3 China 120
8.4.4 Australia 122
8.4.5 India 124
8.4.6 South Korea 126
8.4.7 Rest of APAC Region 128
8.5 South America Market 2022-2032 by Country 130
8.5.1 Argentina 133
8.5.2 Brazil 135
8.5.3 Chile 137
8.5.4 Rest of South America Market 139
8.6 MEA Market 2022-2032 by Country 140
8.6.1 UAE 143
8.6.2 Saudi Arabia 145
8.6.3 South Africa 147
8.6.4 Other National Markets 149
9 Competitive Landscape 150
9.1 Overview of Key Vendors 150
9.2 New Product Launch, Partnership, Investment, and M&A 153
9.3 Company Profiles 154
American Tower 154
AT&T 156
Carritech 157
Cisco Systems 158
Ericsson 159
Huawei 160
Infosys 161
LG 162
Microsoft Azure 163
NEC Corporation 164
Nokia 165
Orange 166
Qualcomm 167
Samsung 168
Tech Mahindra 169
Verizon 170
Vodafone Limited 171
ZTE Corporation 172
RELATED REPORTS 173
List of Tables
List of Tables:
Table 1. Snapshot of Global 5G in Energy and Utilities Market in Balanced Perspective, 2022-2032 19
Table 2. World Economic Outlook, 2021-2031 24
Table 3. World Economic Outlook, 2021-2023 25
Table 4. Scenarios for Economic Impact of Ukraine Crisis 29
Table 5. Comparison of Leading 5G Carriers, Dec 2022 38
Table 6. Significance Spectrum Band of 5G in Common Use Cases 39
Table 7. Main Product Trends and Market Opportunities in Global 5G in Energy and Utilities Market 43
Table 8. Global 5G in Energy and Utilities Market by Offering, 2022-2032, $ mn 51
Table 9. Global 5G in Energy and Utilities Market by Spectrum, 2022-2032, $ mn 56
Table 10. Global 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 61
Table 11. Global 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 67
Table 12. Global 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 74
Table 13. Global 5G in Energy and Utilities Market by Region, 2022-2032, $ mn 81
Table 14. Leading National 5G in Energy and Utilities Market, 2022 and 2032, $ mn 83
Table 15. North America 5G in Energy and Utilities Market by Country, 2022-2032, $ mn 86
Table 16. U.S. 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 90
Table 17. U.S. 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 90
Table 18. U.S. 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 90
Table 19. Canada 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 92
Table 20. Canada 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 92
Table 21. Canada 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 92
Table 22. Mexico 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 94
Table 23. Mexico 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 94
Table 24. Mexico 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 94
Table 25. Europe 5G in Energy and Utilities Market by Country, 2022-2032, $ mn 98
Table 26. Germany 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 100
Table 27. Germany 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 100
Table 28. Germany 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 100
Table 29. U.K. 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 102
Table 30. U.K. 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 102
Table 31. U.K. 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 102
Table 32. France 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 104
Table 33. France 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 104
Table 34. France 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 104
Table 35. Spain 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 106
Table 36. Spain 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 106
Table 37. Spain 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 106
Table 38. Italy 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 108
Table 39. Italy 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 108
Table 40. Italy 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 108
Table 41. Netherlands 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 110
Table 42. Netherlands 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 110
Table 43. Netherlands 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 110
Table 44. 5G in Energy and Utilities Market in Rest of Europe by Country, 2022-2032, $ mn 112
Table 45. APAC 5G in Energy and Utilities Market by Country, 2022-2032, $ mn 115
Table 46. Japan 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 119
Table 47. Japan 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 119
Table 48. Japan 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 119
Table 49. China 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 121
Table 50. China 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 121
Table 51. China 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 121
Table 52. Australia 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 123
Table 53. Australia 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 123
Table 54. Australia 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 123
Table 55. India 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 125
Table 56. India 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 125
Table 57. India 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 125
Table 58. South Korea 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 127
Table 59. South Korea 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 127
Table 60. South Korea 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 127
Table 61. 5G in Energy and Utilities Market in Rest of APAC by Country/Region, 2022-2032, $ mn 129
Table 62. South America 5G in Energy and Utilities Market by Country, 2022-2032, $ mn 132
Table 63. Argentina 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 134
Table 64. Argentina 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 134
Table 65. Argentina 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 134
Table 66. Brazil 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 136
Table 67. Brazil 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 136
Table 68. Brazil 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 136
Table 69. Chile 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 138
Table 70. Chile 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 138
Table 71. Chile 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 138
Table 72. MEA 5G in Energy and Utilities Market by Country, 2022-2032, $ mn 142
Table 73. UAE 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 144
Table 74. UAE 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 144
Table 75. UAE 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 144
Table 76. Saudi Arabia 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 146
Table 77. Saudi Arabia 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 146
Table 78. Saudi Arabia 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 146
Table 79. South Africa 5G in Energy and Utilities Market by Communication Type, 2022-2032, $ mn 148
Table 80. South Africa 5G in Energy and Utilities Market by Application, 2022-2032, $ mn 148
Table 81. South Africa 5G in Energy and Utilities Market by End Use, 2022-2032, $ mn 148
Table 82. American Tower: Company Snapshot 154
Table 83. American Tower: Business Segmentation 155
Table 84. American Tower: Product Portfolio 155
List of Figures
List of Figures:
Figure 1. Research Method Flow Chart 13
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 16
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 18
Figure 4. Global 5G in Energy and Utilities Market, 2022-2032, $ mn 21
Figure 5. Use Cases of 5G in Energy and Utility Industry 22
Figure 6. Impact of COVID-19 on Business 26
Figure 7. Primary Drivers and Impact Factors of Global 5G in Energy and Utilities Market 32
Figure 8. Advantages of 5G 35
Figure 9. Comparison of 3G, 4G, and 5G 38
Figure 10. World 5G Technology Market, 2019-2030, $ bn 39
Figure 11. Primary Restraints and Impact Factors of Global 5G in Energy and Utilities Market 40
Figure 12. Investment Opportunity Analysis 44
Figure 13. Porter’s Fiver Forces Analysis of Global 5G in Energy and Utilities Market 47
Figure 14. Breakdown of Global 5G in Energy and Utilities Market by Offering, 2022-2032, % of Revenue 52
Figure 15. Global Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%) 52
Figure 16. Global 5G in Energy and Utilities Market by Offering: Hardware, 2022-2032, $ mn 53
Figure 17. Global 5G in Energy and Utilities Market by Offering: Software, 2022-2032, $ mn 54
Figure 18. Global 5G in Energy and Utilities Market by Offering: Services, 2022-2032, $ mn 55
Figure 19. Breakdown of Global 5G in Energy and Utilities Market by Spectrum, 2022-2032, % of Sales Revenue 57
Figure 20. Global Addressable Market Cap in 2023-2032 by Spectrum, Value ($ mn) and Share (%) 57
Figure 21. Global 5G in Energy and Utilities Market by Spectrum: Low-Band, 2022-2032, $ mn 58
Figure 22. Global 5G in Energy and Utilities Market by Spectrum: Mid-Band, 2022-2032, $ mn 59
Figure 23. Global 5G in Energy and Utilities Market by Spectrum: High-Band, 2022-2032, $ mn 60
Figure 24. Breakdown of Global 5G in Energy and Utilities Market by Communication Type, 2022-2032, % of Sales Revenue 62
Figure 25. Global Addressable Market Cap in 2023-2032 by Communication Type, Value ($ mn) and Share (%) 62
Figure 26. Global 5G in Energy and Utilities Market by Communication Type: Fixed Wireless Access (FWA), 2022-2032, $ mn 63
Figure 27. Global 5G in Energy and Utilities Market by Communication Type: Enhanced Mobile Broadband (EMBB), 2022-2032, $ mn 64
Figure 28. Global 5G in Energy and Utilities Market by Communication Type: Massive Machine-type Communications (MMTC), 2022-2032, $ mn 65
Figure 29. Global 5G in Energy and Utilities Market by Communication Type: Ultra-reliable Low-latency Communication (URLLC), 2022-2032, $ mn 66
Figure 30. Breakdown of Global 5G in Energy and Utilities Market by Application, 2022-2032, % of Revenue 68
Figure 31. Global Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 68
Figure 32. Global 5G in Energy and Utilities Market by Application: Remote Monitoring, 2022-2032, $ mn 69
Figure 33. Global 5G in Energy and Utilities Market by Application: Energy Distribution, 2022-2032, $ mn 70
Figure 34. Global 5G in Energy and Utilities Market by Application: Smart Home Applications, 2022-2032, $ mn 71
Figure 35. Global 5G in Energy and Utilities Market by Application: Climate Monitoring, 2022-2032, $ mn 72
Figure 36. Global 5G in Energy and Utilities Market by Application: Maintenance and Supports, 2022-2032, $ mn 73
Figure 37. Breakdown of Global 5G in Energy and Utilities Market by End Use, 2022-2032, % of Revenue 75
Figure 38. Global Addressable Market Cap in 2023-2032 by End Use, Value ($ mn) and Share (%) 75
Figure 39. Global 5G in Energy and Utilities Market by End Use: Electricity Grid Management, 2022-2032, $ mn 76
Figure 40. Global 5G in Energy and Utilities Market by End Use: Water and Wastewater Management, 2022-2032, $ mn 77
Figure 41. Global 5G in Energy and Utilities Market by End Use: Utility Gas Management, 2022-2032, $ mn 78
Figure 42. Global 5G in Energy and Utilities Market by End Use: Other End Uses, 2022-2032, $ mn 79
Figure 43. Global Market Snapshot by Region 80
Figure 44. Geographic Spread of Worldwide 5G in Energy and Utilities Market, 2022-2032, % of Sales Revenue 81
Figure 45. Global Addressable Market Cap in 2023-2032 by Region, Value ($ mn) and Share (%) 82
Figure 46. North American 5G in Energy and Utilities Market, 2022-2032, $ mn 85
Figure 47. Breakdown of North America 5G in Energy and Utilities Market by Country, 2022 and 2032, % of Revenue 86
Figure 48. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 87
Figure 49. U.S. 5G in Energy and Utilities Market, 2022-2032, $ mn 89
Figure 50. Canada 5G in Energy and Utilities Market, 2022-2032, $ mn 91
Figure 51. 5G in Energy and Utilities Market in Mexico, 2022-2032, $ mn 93
Figure 52. European 5G in Energy and Utilities Market, 2022-2032, $ mn 96
Figure 53. Breakdown of European 5G in Energy and Utilities Market by Country, 2022 and 2032, % of Revenue 97
Figure 54. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 98
Figure 55. 5G in Energy and Utilities Market in Germany, 2022-2032, $ mn 99
Figure 56. 5G in Energy and Utilities Market in U.K., 2022-2032, $ mn 101
Figure 57. 5G in Energy and Utilities Market in France, 2022-2032, $ mn 103
Figure 58. 5G in Energy and Utilities Market in Spain, 2022-2032, $ mn 105
Figure 59. 5G in Energy and Utilities Market in Italy, 2022-2032, $ mn 107
Figure 60. 5G in Energy and Utilities Market in Netherlands, 2022-2032, $ mn 109
Figure 61. 5G in Energy and Utilities Market in Rest of Europe, 2022-2032, $ mn 111
Figure 62. Asia-Pacific 5G in Energy and Utilities Market, 2022-2032, $ mn 114
Figure 63. Breakdown of APAC 5G in Energy and Utilities Market by Country, 2022 and 2032, % of Revenue 114
Figure 64. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 116
Figure 65. 5G in Energy and Utilities Market in Japan, 2022-2032, $ mn 118
Figure 66. 5G in Energy and Utilities Market in China, 2022-2032, $ mn 120
Figure 67. 5G in Energy and Utilities Market in Australia, 2022-2032, $ mn 122
Figure 68. 5G in Energy and Utilities Market in India, 2022-2032, $ mn 124
Figure 69. 5G in Energy and Utilities Market in South Korea, 2022-2032, $ mn 126
Figure 70. 5G in Energy and Utilities Market in Rest of APAC, 2022-2032, $ mn 128
Figure 71. South America 5G in Energy and Utilities Market, 2022-2032, $ mn 131
Figure 72. Breakdown of South America 5G in Energy and Utilities Market by Country, 2022 and 2032, % of Revenue 131
Figure 73. Contribution to South America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 132
Figure 74. 5G in Energy and Utilities Market in Argentina, 2022-2032, $ mn 133
Figure 75. 5G in Energy and Utilities Market in Brazil, 2022-2032, $ mn 135
Figure 76. 5G in Energy and Utilities Market in Chile, 2022-2032, $ mn 137
Figure 77. 5G in Energy and Utilities Market in Rest of South America, 2022-2032, $ mn 139
Figure 78. 5G in Energy and Utilities Market in Middle East and Africa (MEA), 2022-2032, $ mn 141
Figure 79. Breakdown of MEA 5G in Energy and Utilities Market by Country, 2022 and 2032, % of Revenue 141
Figure 80. Contribution to MEA 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 142
Figure 81. 5G in Energy and Utilities Market in UAE, 2022-2032, $ mn 143
Figure 82. 5G in Energy and Utilities Market in Saudi Arabia, 2022-2032, $ mn 145
Figure 83. 5G in Energy and Utilities Market in South Africa, 2022-2032, $ mn 147
Figure 84. Growth Stage of Global 5G in Energy and Utilities Industry over the Forecast Period 150
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
Clients
