Unlocking Commercial Opportunities
The telecommunications industry is preparing to embark on the transition to the fifth generation (5G) of mobile technology. 5G promises a leap in technological capabilities, unleashing new opportunities to digitise more segments of everyday life. For operators, 5G is an opportunity to make a big push beyond connectivity and capture value from at least the Internet of Things (IoT), optimised services and mobile broadband.
In the 5G era, operators would need to explore new market routes beyond selling simply access and connectivity, and they would also need to nurture a non-B2C business in addition to the promise of the average revenue per user (ARPU) growth from B2C services that has underpinned previous generational shifts.
Between now and 2020, the year when the 5G system is expected to be commercially available, the technology advancement of the 4G system will
continue unabated making it possible to provide existing services more efficiently and start creating a market for emerging applications (e.g. automotive, real-time gaming, personal cloud, sensor networks, remote health monitoring).