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(Hosting-NewsWire.com, November 16, 2017 ) Market Outlook:
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.
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.
By the end of 2025, PRECISE MARKET REPORTS Research estimates 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.
Get Sample Copy of this Report @ https://www.precisemarketreports.com/report/sample/pmr-27391
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.
Key Players of ProSe (Proximity Services) for LTE & 5G Networks Market:
3GPP (Third Generation Partnership Project), Apple,ASTRI (Hong Kong Applied Science and Technology Research Institute), 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, Nokia, NTT DoCoMo, NXP Semiconductors, 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
Browse Report Details @ https://www.precisemarketreports.com/reports/view/pmr-27391-ProSe-Proximity-Services-for-LTE--5G-Networks-2017--2030--Opportunities-Challenges-Strategies--Forecasts
Key Findings
The report has the following 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, PRECISE MARKET REPORTS Research estimates 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.
Market Segmentation:
Market forecasts are provided for each of the following submarkets and their subcategories:
ProSe Device Shipments & Revenue
- Public Safety & Critical Communications
- Commercial Sector
Form Factor Segmentation
- Smartphones
- Tablets
- Wearables
- Vehicle Mount Devices
ProSe Based Mobile Operator Service Revenue
- Advertising
- Social Networking
- V2X Connectivity
- Public Safety & Critical Communications
Regional Markets
- Asia Pacific
- Eastern Europe
- Middle East & Africa
- Latin & Central America
- North America
- Western Europe
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Source: EmailWire.Com 
Source: EmailWire.com
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