A new report from Juniper Research forecasts a healthy adoption for 5G, with service revenues set to exceed $65 billion by 2025, compared to just $100 million during its first year of commercial services in 2020.
Juniper notes that while the first commercial roll outs are expected in 2020, widespread adoption will only occur from 2025, with national spectrum licensing occurring over a period of years as per 4G.
The research found that 5G will not only enable faster connections but will act as a catalyst for a wide range of new consumer and enterprise experiences, including high definition 4K-8K video, as well as self-driving cars, advanced Virtual Reality, and a sensory/tactile Internet – constantly monitoring and controlling.
“These discrete segments or services will require transparent and competitive pricing based on data usage, device type, and speeds; this means that profit margins will vary with regards to the sector enabled,” notes research author Nitin Bhas.
Sky’s Andrea Ranalli will be among those looking at the impact of 4K at this year’s Content Delivery World (5th – 7th October, Radisson Blu Portman Hotel, London), in a keynote, ‘Telecom Italia and the role of 4K as a driver for CDN architecture evolution’. Click here for booking and more info.