Edge computing will drive new revenue growth in the telecom sector. Revenue from cloud-edge artificial intelligence (AI) chipset sales will grow from $2.6 billion in 2020 to $12 billion in 2025, at a compound annual growth rate (CAGR) of 36 percent, according to the latest worldwide market study by ABI Research.
The fifth generation of wireless cellular (5G) is driving increasing demands on mobile operator networks, which are faced with the need to improve operational efficiency and reduce the time required to deliver new high-throughput, low-latency network architectures to support emerging use cases.
via 5G Americas
While 2019 has seen the first deployments of 5G in the consumer domain, 2020 will be the year of large scale commercial 5G rollouts across the globe. As a result of this network investment, 5G generated revenues for cloud-based entertainment services are forecast to rise rapidly.
Organizations moving to adopt next-gen wireless believe it has the potential to provide a competitive advantage. Eighty-six percent of networking executives surveyed believe advanced wireless will transform their organization within three years and 79% say the same about their industry.
Once the global regulatory landscape for 6 GHz is finalized, the technology will bring about much higher throughput, much more capacity, greater reliability, lower latency, and better QoS than ever before.
The emerging market for 5G cellular connections in manufacturing is expected to reach $10.8 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 187 percent, according to the latest worldwide market study by ABI Research.
In the United States, where 94% of adults reported having internet access last year, 62% of employed Americans say they worked from home due to the coronavirus as of April 2, according to Gallup Panel data. This ability is also largely tied to the field of work for many.
Over the last few weeks, Cisco and IBM have launched a joint initiative to create free virtual classrooms for students affected by nationwide school closures. The aim is not only to connect teachers and students through interactive online classes, but to also help them use the technology more effectively.
via The Network
“The rapidly unfolding coronavirus pandemic has underlined the criticality of telecom infrastructure. The global health emergency is placing new pressures on telecom services, as well as spotlighting the key role they can play beyond simple connectivity in emergency scenarios such as this.”
via TM Forum