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Press Release

Proximity Services for LTE & 5G Networks: Opportunities, Challenges, Strategies And Forecasts 2017-2030 By Hexa Reports

February 06
17:03 2017

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By the end of 2025, mobile operators can pocket as much $17 Billion in ProSe based annual service revenue. Up to 55% of this revenue figure will be attributable to proximity advertising.

First introduced in Release 12 of the 3GPP specifications, ProSe (Proximity Services) is a D2D (Device-to-Device) technology that allows LTE devices to detect each other and to communicate directly. It relies on multiple enhancements to existing LTE standards including new functional elements and a “”sidelink”” air interface for direct connectivity between devices.

In comparison to existing D2D and proximity networking technologies, ProSe offers several distinct benefits including but not limited to better scalability, manageability, privacy, security and battery-efficiency. At present, efforts to commercialize ProSe are being spearheaded by the public safety and critical communications sector, amid the ongoing transition from legacy LMR (Land Mobile Radio) systems to LTE networks.

Browse Detail Report With TOC @ http://www.hexareports.com/report/prose-proximity-services-for-lte-5g-networks-2017-2030

Although initial investments in ProSe-enabled devices will be driven by the public safety and critical communications sector, there also exists a much larger opportunity in the commercial arena. Mobile operators can leverage ProSe to offer a range of B2B, B2B2C and B2C services that rely on proximity, including advertising, social networking, gaming, relaying traffic for wearables and V2X (Vehicle-to-Everything) connectivity.

The “”ProSe (Proximity Services) for LTE & 5G Networks: 2017 – 2030 – Opportunities, Challenges, Strategies & Forecasts”” report presents an in-depth assessment of the ProSe market including enabling technologies, key trends, market drivers, challenges, standardization, use cases, applications, business models, pre-commercial case studies, opportunities, future roadmap, value chain and strategic recommendations. The report also presents forecasts for ProSe-enabled device shipments and ProSe based mobile operator service revenue from 2018 till 2030. The forecasts cover multiple submarkets and 6 regions.

Request A Sample copy of This Report @ http://www.hexareports.com/report/prose-proximity-services-for-lte-5g-networks-2017-2030/request-sample

The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.

Topics Covered

The report covers the following topics:
ProSe technology
Market drivers and barriers
Sidelink air interface and spectrum bands
ProSe discovery and direct communication services
ProSe coverage scenarios and modes of operation
ProSe reference architecture, key functional elements and interfaces
3GPP standardization efforts for ProSe
Competing D2D and proximity networking technologies
Key applications, business models and monetization strategies
Case studies of pre-commercial ProSe engagements
Industry roadmap and value chain
Strategic recommendations for key ecosystem players including chipset suppliers, device OEMs, infrastructure vendors, public safety agencies and mobile operators
Market analysis and forecasts from 2018 till 2030

Key Findings

The report has the following key findings:

1. In comparison to existing D2D and proximity networking technologies, ProSe offers several distinct benefits including but not limited to better scalability, manageability, privacy, security and battery-efficiency.

2. At present, efforts to commercialize ProSe are being spearheaded by the public safety and critical communications industry. The ongoing transition from legacy LMR systems to LTE networks is expected to trigger the very first investments in ProSe-enabled devices, as direct communication between devices is an essential requirement for users in this domain.

3. In the commercial area, mobile operators can leverage ProSe to offer a range of B2B, B2B2C and B2C services that rely on proximity including advertising, social networking, gaming, relaying traffic for wearables and V2X (Vehicle-to-Everything) connectivity.

4. By the end of 2025, mobile operators can pocket as much $17 Billion in ProSe based annual service revenue. Up to 55% of this revenue figure will be attributable to proximity advertising.

Browse More Telecommunications Related Market Research Reports:

• vRAN (Virtualized Radio Access Network) Ecosystem: 2017-2030 – http://www.hexareports.com/report/the-vran-virtualized-radio-access-network-ecosystem-2017-2030

• Mobile Phone Insurance Revenue Forecasts: 2016-2030 – http://www.hexareports.com/report/mobile-phone-insurance-revenue-forecasts-2016-2030

Key Questions Answered

The report provides answers to the following key questions:

1. How big is the ProSe opportunity?

2. What trends, challenges and barriers are influencing its growth?

3. How will the ecosystem evolve by segment and region?

4. What will the market size be in 2020 and at what rate will it grow?

5. How big is the ProSe service revenue opportunity for mobile operators?

6. How will ProSe help public safety agencies in replacing legacy LMR systems with LTE and 5G networks?

7. How will consolidation in the chipset ecosystem affect the adoption of ProSe?

8. How can ProSe deliver localized V2X (Vehicle-to-Everything) connectivity?

9. What strategies should chipset suppliers, device OEMs and mobile operators adopt to remain competitive?


About Us:

Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Media Contact
Company Name: Hexa Reports
Contact Person: Michelle Thoras and Ryan Shaw
Email: Send Email
Phone: +1-800-489-3075
Address:Felton Office Plaza, 6265 Highway 9
City: Felton
State: California
Country: United States
Website: http://www.hexareports.com/report/prose-proximity-services-for-lte-5g-networks-2017-2030

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