#5G #Microsoft #Facebook
5G deployments will play a key role
#5G is the fastest growing segment in the wireless network infrastructure market . Worldwide 5G network infrastructure revenue is on pace to grow 39% to total $19.1 billion in 2021, up from $13.7 billion in 2020. Of the segments that comprise wireless infrastructure in this forecast, the only significant opportunity for investment growth is in 5G. Communications service providers (CSPs) in mature markets accelerated 5G development in 2020 and 2021 with 5G representing 39% of total wireless infrastructure revenue this year. “The COVID-19 pandemic spiked demand for optimized and ultrafast broadband connectivity to support work-from-home and bandwidth-hungry applications, such as streaming video, online gaming and social media applications. Business and customer demand is an influencing factor in this growth. As consumers return to the office, they will continue to upgrade or switch to gigabit fiber to the home service as connectivity has become an essential remote work service. Whereas the users will also increasingly scrutinize CSPs for both office and remote work needs.
The annual spend on network and hardware services will reach $12 billion globally by 2023, rising 116% from the $5.5 billion expected for 2021, according Juniper Research. 5G deployments will play a key role here. More than 60% of base stations in deployments in 2023 will be 5G, it said. Telecom equipment vendors such as Ericsson and Nokia are best placed to capitalize on private networks through their hardware and value-added services that they can offer directly to private enterprises. Telecom operators that are dominant in the public cellular market, however, may lose out on opportunities in private networks space. With this the hardware providers and systems integrators will play more dominant roles, given the right regulatory framework.” Germany and the United States will account for 30% of global.
#5G #Microsoft #Facebook
5G deployments will play a key role
#5G is the fastest growing segment in the wireless network infrastructure market . Worldwide 5G network infrastructure revenue is on pace to grow 39% to total $19.1 billion in 2021, up from $13.7 billion in 2020. Of the segments that comprise wireless infrastructure in this forecast, the only significant opportunity for investment growth is in 5G. Communications service providers (CSPs) in mature markets accelerated 5G development in 2020 and 2021 with 5G representing 39% of total wireless infrastructure revenue this year. “The COVID-19 pandemic spiked demand for optimized and ultrafast broadband connectivity to support work-from-home and bandwidth-hungry applications, such as streaming video, online gaming and social media applications. Business and customer demand is an influencing factor in this growth. As consumers return to the office, they will continue to upgrade or switch to gigabit fiber to the home service as connectivity has become an essential remote work service. Whereas the users will also increasingly scrutinize CSPs for both office and remote work needs.
The annual spend on network and hardware services will reach $12 billion globally by 2023, rising 116% from the $5.5 billion expected for 2021, according Juniper Research. 5G deployments will play a key role here. More than 60% of base stations in deployments in 2023 will be 5G, it said. Telecom equipment vendors such as Ericsson and Nokia are best placed to capitalize on private networks through their hardware and value-added services that they can offer directly to private enterprises. Telecom operators that are dominant in the public cellular market, however, may lose out on opportunities in private networks space. With this the hardware providers and systems integrators will play more dominant roles, given the right regulatory framework.” Germany and the United States will account for 30% of global
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#5G #technology #msme
5G will allow for higher flexibility, lower cost, and shorter lead times. It is likely to provide the network to keep the manufacturing works connected in real-time with suppliers, customers etc, making them more innovative and significantly more efficient. Also, in the service industry, the technology will connect with speed and efficiency to serve customers online and further modernise the MSMEs. With the Govt. Of India giving approvals for 5G trials, India is gearing up for the implementation of fifth generation (5G) wireless connectivity for data networks across the country.
There are many use cases, where we have seen 5G has the power to transform current industries, create new ones, and influence societies with quicker speed, lesser latency, and greater capacity. In amalgamation, these 5G innovations are likely to change the way individuals connect with everything and each other. In the future, the technology will significantly impact industries such as the focus on safer transportation, banking systems, traffic control, remote healthcare, agriculture, digitised logistics and more. Hence, 5G is poised to transform human life by giving faster download speeds and connectivity for billions of devices, especially in the sphere of virtual reality, the internet of things, and artificial intelligence.
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5G technology to accelerate India's growth story
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India has been leading the world in building its own technology industry as well as talent base. We are relentlessly marching towards being the de facto top choice for setting up scale technology and capability centres. The Indian tech industry today stands on the cusp of the next leg of explosive growth and transformation from being a #globalITservice and outsourcing leader to becoming an IP-led software products and platforms powerhouse.
Despite recent global headwinds, we have seen consistent growth in the technology sector. With the rapid technology adoption across sectors, we are well poised to become a $5 trillion economy soon.
The best companies are leveraging technology to scale and grow. The budget must focus on investing in Tech R&D, product innovation, and technology solutions and services and ensuring #5Gservices all over the country.
With cloud and data technologies becoming the de-facto standard for businesses to operate, Gartner estimates that public cloud spending in India will grow 27% Year-on-Year in 2023. Amidst this, there is a need for the government to focus on incentivising the use of cloud services and deep tech like AI, blockchain etc., across industries.
In 2023 and beyond, upskilling of talent in an environment driven by technology will be mission critical. The government has made great strides towards this, through the Skill India program.
All the forecasted growth can be watershed as the #Cyberattacks are increasing in terms of scale and complexity, making it one of the biggest threats enterprises face today. Amidst this, there is an urgent need to build a talent pool that is equipped to handle new-age sophisticated attacks.
Today's Headline in NewsHours
0:00 Intro
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3
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