According to the firm’s analysis, the adoption of 5G is expected to be faster in its first seven years—2018 to 2025—than the adoption of 4G in the seven years following its market debut in 2009.
NEW DELHI: The number of 5G connections globally will rise by three times from less than 700 million today, to more than 2.1 billion by 2025, as 5G enters the mainstream through affordable devices and major use cases, according to new research from Bain & Company.
According to the firm’s analysis, the adoption of 5G is expected to be faster in its first seven years—2018 to 2025—than the adoption of 4G in the seven years following its market debut in 2009.
“This strong momentum reflects heavy operator investment in 5G infrastructure, a gradual expansion of 5G use cases, and a global hunger for data connectivity—which has increasingly surged during the pandemic,” it said.
Despite the growth, telcos are struggling to realize the benefits of the next-generation wireless broadband technology.
It suggests that artificial intelligence or AI may help telecom operators to get a better return on investment (RoI) from 5G deployments by exponentially reducing the decision-making time.
“Artificial intelligence is already being used by leading telcos to gain a strategic advantage in 5G,” said Herbert Blum, head of Bain & Company’s Global Communications, Media & Entertainment practice.
“But being AI-native requires more than an optimization of existing business processes or workflow overlays. It demands that the role of employees across all functions evolves in partnership with the technology as well,” Blum added.
“In the coming years, winning telcos will be operators that use 5G, and other high-stakes business areas, as a proving ground for the deeper AI capabilities they’ll need to gain to remain competitive,” said Darryn Lowe, a leader in Bain & Company’s Communications, Media and Entertainment practice.
https://cio.economictimes.indiatimes.com/news/next-gen-technologies/global-5g-connections-to-exceed-2-1-billion-by-2025-bain-company/86963431
