$17 Billion ProSe (Proximity Services) for LTE & 5G Networks Martet: 2017-2030 - Latest Opportunities, Challenges, Strategies & Forecasts

Dublin, March 03, 2017 -- Research and Markets has announced the addition of SNS Research's new report "ProSe (Proximity Services) for LTE & 5G Networks: 2017 - 2030 - Opportunities, Challenges, Strategies & Forecasts" to their offering.

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.

By the end of 2025, estimates suggest that 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.

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

Key Questions Answered

- How big is the ProSe opportunity?
- What trends, challenges and barriers are influencing its growth?
- How will the ecosystem evolve by segment and region?
- What will the market size be in 2020 and at what rate will it grow?
- How big is the ProSe service revenue opportunity for mobile operators?
- How will ProSe help public safety agencies in replacing legacy LMR systems with LTE and 5G networks?
- How will consolidation in the chipset ecosystem affect the adoption of ProSe?
- How can ProSe deliver localized V2X (Vehicle-to-Everything) connectivity?
- What strategies should chipset suppliers, device OEMs and mobile operators adopt to remain competitive?

Key Findings

- 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 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.
- 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.
- By the end of 2025, estimates suggest that 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.

Forecast Segmentation

Market forecasts are provided for each of the following submarkets and their subcategories:

ProSe Device Shipments & Revenue

Submarkets

- Public Safety & Critical Communications
- Commercial Sector

Form Factor Segmentation

- Smartphones
- Tablets
- Wearables
- Vehicle Mount Devices
- V2X Devices
- Other Devices

Regional Markets

- Asia Pacific
- Eastern Europe
- Middle East & Africa
- Latin & Central America
- North America
- Western Europe

ProSe Based Mobile Operator Service Revenue

Submarkets

- Advertising
- Social Networking
- V2X Connectivity
- Public Safety & Critical Communications
- Other Applications

Companies Mentioned

- 3GPP (Third Generation Partnership Project)
- ASTRI (Hong Kong Applied Science and Technology Research Institute)
- Apple
- Bluetooth SIG (Special Interest Group)
- Compass.To
- DT (Deutsche Telekom)
- EE
- Ericsson
- Facebook
- FirstNet (First Responder Network Authority)
- Home Office, UK
- Huawei
- IEEE (Institute of Electrical and Electronics Engineers)
- Intel Corporation
- KT Corporation
- M87
- MPSS (Ministry of Public Safety and Security, South Korea)
- NEC Corporation
- NTT DoCoMo
- NXP Semiconductors
- Nokia
- OnePlus
- Qualcomm
- Samsung Electronics
- TanTan
- Telecom Italia Group
- U.S. Department of Commerce
- U.S. NIST (National Institute of Standards and Technology)
- Wi-Fi Alliance
- Yahoo
- ZigBee Alliance

For more information about this report visit http://www.researchandmarkets.com/research/5nr2cf/prose_proximity

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