5G technology continues to take off. Forecasts suggest that operators will reach revenues of 625,000 million dollars thanks to 5G services worldwide in 2027.
You blow winds in favor of 5G rollout, and Juniper Research’s forecasts couldn’t be more favourable. According to the company, this year the operators will obtain revenues of around 310,000 million dollars.
A positive figure that will continue to evolve in the coming years until reaching 625,000 million in 2027. According to the report ‘Operator Revenue Strategies: Business Models, Emerging Technologys & Market Forecasts 2023-2027’, Juniper Networks expects that this revenue growth of 5G is 100% in the next four years.
The migration of mobile subscriptions to 5G networks and the increasing inclusion of eSIM in devices such as laptops and Wi-Fi hotspots will fuel this growth.
The study also points out that 80% of global service revenues billed by operators will come, by 2027, from 5G, which will allow operators to ensure a return on investment (ROI) in their fifth generation networks.
Global mobile data traffic will grow more than 180% between 2023 and 2027
Likewise, the increasing implementation of eSIM in new devices will make global mobile data traffic grow more than 180% between 2023 and 2027, as data traffic is offloaded from fixed and 5G Wi-Fi networks.
In the opinion of the author of this research, Frederick Savage, eSIM compatible devices will drive significant growth in mobile data, as consumers take advantage of mobile networks for use cases that have historically used fixed networks.
“Operators need to ensure that networks, including 5G and upcoming 6G networks, are future-proof by deploying new Technologys across all networks.”
Consolidation of 5G with a view to the development of 6G
To prepare for this growing demand for mobile data, another aspect that the Juniper Networks report also highlights is that 6G standards they will need to adopt innovative Technologys not currently used in 5G standards.
In this sense, the firm identifies NTNs (non-terrestrial networks) and the frequency bands below 1THz as key Technologys that should be at the center of 6G testing and networks. This seeks to provide greater data capacities over existing 5G networks.
However, the research also warns that the higher cost generated by the use of satellites for NTN, as well as the acquisition costs of high frequency spectrum will create longer time frames to ensure the return on investment in 6G for operators.
Based on these forecasts, the company urges the telecommunications industry to form alliances with specialists in non-terrestrial connectivity. In this way you will benefit when it comes to achieving lower costs in the investment in 6G networks.
Initial image | Kabiur Rahman Riyadh