Device-to-Device Communication Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Device-to-device (D2D) communication is used to send data between devices that do not have access to a fixed wireless network. Device-to-device (D2D) communication technologies allow different devices to exchange data directly without the use of access points or base stations. Device-to-device (D2D) communication was first proposed to improve network performance in cellular networks. Cellular offloading, public safety services, content distribution, vehicle-to-vehicle (V2V) communication, and other applications use device-to-device communication networks.

MARKET DYNAMICS

Device-to-device communication has several benefits, including improved resource usage, cellular coverage, and spectrum and energy efficiency. This, in turn, is increasing the use of D2D communication, which has a substantial impact on market growth. Demand for emerging technology device-to-device (D2D) communication has grown across the globe due to rapid infrastructure development, constant digitalization, autonomous computing, and device collaboration.

MARKET SCOPE

The "Global Device-to-Device Communication Market Analysis To 2031" is a specialized and in-depth study of the technology, media, and telecommunications industry with a special focus on global market trend analysis. The device-to-device communication market report aims to provide an overview of the device-to-device communication market with detailed market segmentation by component, communication type, application, and geography. The global device-to-device communication market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading device-to-device communication market player and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global device-to-device communication market is segmented based on component, communication type, application. Based on the component, the device-to-device communication market is segmented into hardware, software, services. Based on the communication type, the device-to-device communication market is segmented into inband D2D communication, outband D2D communication. Based on the application, the device-to-device communication market is segmented into Vehicle-to-Vehicle (V2V) communication, public safety services, content distribution, cellular offloading, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global device-to-device communication market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The device-to-device communication market by each region is later sub-segmented by respective countries and segments. The device-to-device communication market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the device-to-device communication market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the device-to-device communication market in these regions.
IMPACT OF COVID-19 ON DEVICE-TO-DEVICE COMMUNICATION MARKET
The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic has had a positive impact on the device-to-device communication market. Many companies now operate their businesses on online platforms due to the lockdown conditions. Therefore, the demand for device-to-device communication is increasing during COVID-19 and is also set to increase during the forecast period owing to reduce the physical contact thereby installing direct communication systems.

MARKET PLAYERS

The reports cover key developments in the device-to-device communication market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from device-to-device communication market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the device-to-device communication market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the device-to-device communication market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Telefonaktiebolaget LM Ericsson
  
•   Intel Corporation
  
•   Texas Instruments Incorporated
  
•   Qualcomm
  
•   Rohde & Schwarz
  
•   Samsung
  
•   Huawei Technologies
  
•   Nokia Corporation
  
•   Google LLC
  
•   Microsoft Corporation
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Device-to-Device Communication Report Scope