Advertisement
Canada markets closed
  • S&P/TSX

    22,167.03
    +59.95 (+0.27%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • DOW

    39,807.37
    +47.29 (+0.12%)
     
  • CAD/USD

    0.7388
    +0.0002 (+0.03%)
     
  • CRUDE OIL

    83.11
    -0.06 (-0.07%)
     
  • Bitcoin CAD

    95,948.83
    +1,854.95 (+1.97%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,254.80
    +16.40 (+0.73%)
     
  • RUSSELL 2000

    2,124.55
    +10.20 (+0.48%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • NASDAQ futures

    18,465.00
    -38.75 (-0.21%)
     
  • VOLATILITY

    13.01
    +0.23 (+1.80%)
     
  • FTSE

    7,952.62
    +20.64 (+0.26%)
     
  • NIKKEI 225

    40,327.33
    +159.26 (+0.40%)
     
  • CAD/EUR

    0.6849
    +0.0006 (+0.09%)
     

APAC 5G Growth Opportunities, Part 1 (Connectivity)

Though in early stages, 5G will be adopted considerably faster than 4G based on the current rate experienced in China and South Korea. However, even with faster adoption rates of 5G, 4G will remain the more prevalent cellular technology through 2025.

New York, Sept. 17, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "APAC 5G Growth Opportunities, Part 1 (Connectivity)" - https://www.reportlinker.com/p06151191/?utm_source=GNW


The APAC revenue from 5G is expected to grow from $2.13 billion in 2020 to $13.90 billion in 2025 with CAGR at 45.5% from 2020 to 2025. Growth is being driven by China in the consumer segment and the manufacturing sector, which is a top GDP contributor in most countries of the region, will boost 5G’s growth as APAC is a key manufacturing hub for the world. By 2025, the manufacturing industry will contribute 84% of 5G enterprise revenue and Australia will be among the top countries in the enterprise segment.65% of consumers intend to upgrade their internet services, and 68% can pay more for 5G digital services with clear value add, and both indicate the relatively high potential for 5G within APAC. In terms of use cases, as 5G is a growth opportunity more suited for the enterprise segment, the more promising use cases will come from among the four more viable vertical industries, which are manufacturing, healthcare, automotive, and transportation, and in areas where 5G can differentiate better against 4G.New concepts, such as private 5G networks, network slicing, and the B2B2X business model show promise of its potential to drive growth of 5G solutions in APAC. With enabling technologies in place, industries will have greater capability to innovate and this will give rise to new business models that were not possible before. By 2025, there will be more 5G solutions in APAC developed by large global companies, especially mission-critical applications. The differentiation factor will be the constant flow of innovation that is needed to sustain a competitive advantage in the digital world. It is likely that a new wave of global participants that are more suited to drive 5G solutions at scale will address the debate of who should bundle connectivity, cloud, and applications, and front the end-customer relationship. The best outcome would be an exchange of 5G solutions where global demand can meet global supply over a common platform. If the future is truly open, there should not be room to bundle and mark up. Similar to how blockchain is bringing down the cost of sending remittances globally, market forces can and should come up with a solution that can bring down the cost to innovate.This study took a three-pronged approach to assess the business case for 5G. It covered 5G opportunities within the customer segment i.e., consumer and enterprise segments, the impact of 5G on economies, such as GDP, FDI, jobs, and international competitiveness, and the impact of 5G on mobile operator profit and loss statement taking into account revenue CAGR and average net profit from 2016 to 2019. It helps understand if mobile operators that are experiencing negative revenue and/or net profit CAGR should embark on 5G, and if a mobile operator wishes to embark on a 5G venture, what are the relevant considerations and what can they expect.This study covers the Asia-Pacific market, focusing on developing countries including China, India, Indonesia, Malaysia, the Philippines, Thailand, and Vietnam, and developed countries including Australia, Japan, New Zealand, Singapore, and South Korea. The target audience for this report includes telecommunications, media & entertainment, manufacturing, healthcare, government & public sector, and transportation & logistics professionals who want to understand how to strategically plan to incorporate 5G.This study is part 1 of a 3 part series on 5G whereby part 1 is focused on connectivity, part 2 is focused on network slicing and part 3 is focused on total market.
Author: Mei Lee Quah
Read the full report: https://www.reportlinker.com/p06151191/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

__________________________

CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001