Juniper estimates 5G service revenues at over $65Bn by 2025

Juniper estimates 5G service revenues at over $65Bn by 2025

Market news |
By eeNews Europe

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 report observed that there is a growing consensus around the development of 5G standards in terms of both technology and performance aspects. The ‘5G Vision’ includes key requisites such as network speeds of at least 10 Gbps, 1-ms 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 that is constantly monitoring and controlling.

Also noted was that Operators will need to consider multiple service deployment scenarios to achieve an adequate ROI (Return on Investment) from their network and licence investments.

"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," noted research author Nitin Bhas.

To get there, Juniper estimates that at least $25 billion will be invested into 5G technology research, trials and development over the next 5 years. The report also predicts that active 4G LTE connections will exceed 3 billion globally by 2020.

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