As Covid-19 spread rapidly around the world in March and April, the talk was that shortages of component manufacturing and/or network workforce deployment, such as integration engineers, would cause huge disruption and set the 5G industry back on its heels. Fast forward six months or so and the talk is that these worst fears have not been realised, with Juniper Research the latest to be bullish on the next-generation architecture.
As Covid-19 spread rapidly around the world in March and April, the talk was that shortages of component manufacturing and/or network workforce deployment, such as integration engineers, would cause huge disruption and set the 5G industry back on its heels. Fast forward six months or so and the talk is that these worst fears have not been realised, with Juniper Research the latest to be bullish on the next-generation architecture.
Unified Communications: the key to prospering in the new working reality of computer science engineer salary
The coronavirus is changing everything about how people work, and will do so permanently. It added that even though the working world was experiencing unprecedented uncertainty, there were two things that should be borne in mind: the virus will pass, and at the other side of the pandemic, the world of work will look very different.
The operator revenue strategies: Challenges, opportunities and forecasts 2020-2025 fundamentally recognises that 5G uptake has surpassed initial expectations, predicting that total 5G connections will surpass 1.5 billion by 2025.
It calculates that the growth of 5G networks will be robust over the next five years, with 5G revenue set to represent 44% of global operator billed revenue at the end of the study period owing to rapid migration of 4G mobile subscribers to 5G networks and new business use cases enabled by 5G technology. This would mean operator billed revenue from 5G connections is projected to reach $357bn by 2025, rising from $5bn in 2020, its first full year of commercial service.
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