Research: 5G Service Revenue to Exceed $600 Billion by 20265G SERVICE REVENUE TO REACH $73 BILLION IN 2021, AS VIRTUALISED ENVIRONMENTS GENERATE NEW EFFICIENCIESA new study
from Juniper Research has found that global revenue from 5G services will reach $73
billion by the end of 2021; rising from $20 billion last year. This represents
a growth of 250%. It predicts that 5G will represent 8.5% of operator revenue
by the end of this year, as operators seek a return on their significant
investment into the technology. The report found that operators’ 5G service
revenue will increase to over $600 billion by 2026. However, the advanced data
capabilities of 5G standards will drive adoption in areas such as mobile gaming
and immersive reality, which will proliferate as geographical coverage and
device support increase over the next 5 years, to which operators must prepare
networks for. Mobile Broadband to Test 5G Resilience The report predicts that over 80% of 5G data
generated will be attributable to mobile broadband connections. To support this
growth, it recommends that operators increase network virtualisation and
network orchestration, and urged accelerated roll-outs of fibre backhaul
infrastructure that can handle high data generation, to reduce the threat of
traffic congestion over 5G mobile broadband services. Source Juniper Research media announcement
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