ProSe (Proximity Services) is a D2D (Device-to-Device) technology that allows LTE devices to search each other for communicate directly. It depends 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 manageability, scalability, security, privacy, 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.
Global ProSe (Proximity Services) for LTE & 5G Networks Industry is further estimated to grow at a CAGR of 55% from 2018 to 2025 to reach USD 17 Billion. 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.
ProSe (Proximity Services) for LTE & 5G Networks Industry – “Opportunities, Challenges, & Forecasts” report presents an in-depth assessment of the ProSe (Proximity Services) for LTE & 5G Networks Industry including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, use cases, vertical markets, service provider case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for ProSe (Proximity Services) for LTE & 5G Networks infrastructure investments from 2019 till 2025.
ProSe (Proximity Services) for LTE & 5G Networks Industry Segmentation:
By ProSe Device Shipments & Revenue
By Form Factor Segmentation
ProSe Based Mobile Operator Service Revenue