Mobile networks are already part of our daily lives, but what we expect from them is ever changing. Transforming today’s networks to 5G is key to keeping pace with the demands of an evolving Networked Society, where opportunities span new high-bandwidth applications, low latency powered Internet of Things (IoT) services and beyond. 5G aims to satisfy these evolving needs by providing ubiquitous connectivity for any kind of device or application that may benefit.
The business models and applications that will be powered by 5G represent a significant opportunity for operators. Ericsson expects that in 2026, there will be a USD 582 billion global market as telecom operators leverage 5G technology for industry digitalization. For operators, this represents the potential to add 34 percent growth in revenues by 2026.
The journey to 5G begins now.
4G/LTE has become one of the most successful mobile communication technologies worldwide. It is well-positioned to deliver on the most important 5G requirements and will continue to play a major role in mobile communications for years to come.
While LTE continues to evolve, operators need solutions they can deploy within today’s networks to manage the growth of current services as they prepare for 5G. Operators can take advantage of 5G technology concepts and reap benefits now while future-proofing networks for 5G.
Mobile broadband is approaching a point where cellular infrastructure is a viable substitute for fixed broadband in many markets. In this new environment, mobile operators are seeking ways to ...