Ultra Reliable Low Latency Communications(URLLC) Market, Global Outlook and Forecast 2023-2028

Report ID: 1371509 | Published Date: Jan 2025 | No. of Page: 61 | Base Year: 2024 | Rating: 4 | Webstory: Check our Web story
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The full term for URLLC is referred to as "Ultra Reliable Low Latency Communications" which translates to "extremely Reliable Low Latency Communications."The network will be used primarily for industrial use and autonomous vehicles.It's a big category of 5G networks.
This report contains market size and forecasts of Ultra Reliable Low Latency Communications(URLLC) in Global, including the following market information:
Global Ultra Reliable Low Latency Communications(URLLC) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Ultra Reliable Low Latency Communications(URLLC) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Release 15 Path Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Ultra Reliable Low Latency Communications(URLLC) include Huawei, NTT DOCOMO, Nokia, Qualcomm, Intel, Verizon Wireless and Ericsson, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Ultra Reliable Low Latency Communications(URLLC) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Ultra Reliable Low Latency Communications(URLLC) Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Ultra Reliable Low Latency Communications(URLLC) Market Segment Percentages, by Type, 2021 (%)
Release 15 Path
Release 16 Path
Global Ultra Reliable Low Latency Communications(URLLC) Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Ultra Reliable Low Latency Communications(URLLC) Market Segment Percentages, by Application, 2021 (%)
Manufacturing
Health Care
Transportation Industrial
Global Ultra Reliable Low Latency Communications(URLLC) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Ultra Reliable Low Latency Communications(URLLC) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Ultra Reliable Low Latency Communications(URLLC) revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Ultra Reliable Low Latency Communications(URLLC) revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Huawei
NTT DOCOMO
Nokia
Qualcomm
Intel
Verizon Wireless
Ericsson

Frequently Asked Questions
Ultra Reliable Low Latency Communications Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Ultra Reliable Low Latency Communications Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Ultra Reliable Low Latency Communications Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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