Info Image

5G Service Revenues Set to Exceed $65 billion by 2025 - Juniper Research

5G Service Revenues Set to Exceed $65 billion by 2025 - Juniper Research Image Credit: Ericsson

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, representing 7% of all operator-billed service revenues. 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. Juniper also estimates that at least $25 billion will be invested into 5G technology research, trials and development over the next 5 years. The forecasts are part of Juniper's 5G Market Strategies: 4G LTE Evolution, Spectrum Analysis & Opportunities 2015-2025

Juniper said that the ‘5G Vision’ includes key requisites such as network speeds of at least 10Gbps, 1ms latency or less, improved spectral efficiency, low energy consumption, better battery life, higher device density - along with improved reliability and flexibility. Juniper 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 both data intensive and energy efficient applications, high definition 4K-8K video, self-driving cars, advanced Virtual Reality, and a sensory/tactile Internet – constantly monitoring and controlling.

Nitin Bhas, Research author 
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.

Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

PREVIOUS POST

Every 'Thing' Needs Software - Why IoT Will Churn Out Thousands of New Software Vendors

NEXT POST

Customers as Service Co-Creators, Softwarization Among Key Trends in 2016 - Telenor Research