Combined, IDC expects the total 5G and 5G-related network infrastructure market (5G RAN, 5G NG core, NFVI, routing and optical backhaul) to grow from approximately $528 million in 2018 to $26 billion in 2022 — that’s a compound annual growth rate (CAGR) of 118 percent.
Enterprise Mobility today lays the foundation for the future of work, and enterprises now consider mobility as a strategic value driver. These trends along with emerging technologies such as Augmented or Virtual Reality, Artificial Intelligence and 5G wireless are expected to accelerate investments in mobility technologies over the next few years.
According to the U.S. Bureau of Labor Statistics, 5G technology could trigger, by 2026, a more than 30 percent rise in demand for application developers and similar increases in demand for skilled and experienced cybersecurity analysts.
via Korn Ferry
In its latest benchmarking study to identify the leaders and laggards in telecom service provider innovation, ABI Research has concluded that Asian telcos are the recognized technology trailblazers, followed by U.S. tier-one service providers, AT&T and Verizon.
The mobile internet continues to drive mobile network infrastructure investment. 4G LTE will grow from approximately 30 percent of global mobile subscriptions in 2017 to 50 percent in 2024, according to the latest worldwide study by ABI Research.
Source: Digital Lifescapes