Why Tech Companies Are Eager to Invest in 5G
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Why Tech Companies Are Eager to Invest in 5G
Anticipating faster networks and greater IoT capabilities, companies are fast-forwarding 5G initiatives, with many aiming for public launches within the year. -
Universal Buy-In
96% of the executives surveyed said their company plans to leverage 5G technology, and 67% either have already evaluated 5G or will do so over the next 12 months. -
How Organizations Plan to Leverage 5G
Deploy 5G networks and infrastructure: 36%, Utilize 5G tech in products and services: 34%, Create 5G technology and software: 18%, Make 5G devices or equipment: 8% -
Why Tech Firms and Service Providers Invest in 5G
Need for a flexible and scalable network: 59%, Customer demand: 55%, Potential for market leadership: 46% -
Big Debut
34% of the executives surveyed will publicly release their 5G solution within the next 12 months (if they haven't already). An additional 42% will do so one to two years from now. -
Industries Driving Demand for 5G
Telecommunications: 73%, Technology: 67%, Financial services: 37%, Services: 36%, Healthcare: 33% -
Benefits Summary, Part I
68% of the executives surveyed expect 5G to provide much higher reliability and lower latency, while 60% anticipate improved spectral efficiency. -
Benefits Summary, Part II
50% expect 5G to deliver "massive" multiple input/multiple output (MIMO), and 35% anticipate millimeter wave and very wide bandwidths. -
Wish List
88% are seeking faster networks from 5G, and 71% want greater internet of things (IoT) capabilities. -
Biggest 5G Development Barriers
Restrained budgets: 42% Lack of clear standards and guidelines: 38% Lack of expertise: 35%
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Why Metrics Matter to the Channel Nearly all tech service providers are planning to leverage 5G technology very soon, according to a survey from Ixia. The accompanying report, "5G Is Not the Future. It Is the Present," indicates that the vast majority of releases are expected over the next two years. In addition, companies will invest significantly to deploy 5G networks and infrastructure, as well as to create 5G software, devices and equipment. Anticipated benefits include higher reliability and lower latency, along with improved spectral efficiency, faster networks and even greater internet of things (IoT) capabilities. "Many industry analysts talk about 5G as if it is far in the future, but this study shows … 5G rollout and adoption are ramping much quicker than predictions," said Kalyan Sundhar, vice president of mobility and virtualization products at Ixia. "5G testing tools can help organizations make 5G a success even before all of the standards are finalized. Developers can ensure their networks and applications are ready to take advantage of the speed and increased device connectivity promised by 5G." Nearly 300 senior-level executives from technology companies and service providers took part in the research, which was conducted by Dimensional Research.
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