Great Expectations: Sizing the Opportunity for 5G in Vertical Industries
5G will go beyond today’s consumer-oriented enhanced Mobile Broadband (eMBB) services to enable use cases for vertical industries that will leverage Massive Machine-type Communication (MMTC) and Ultra-Reliable Low-Latency Communication (URLLC) applications.
To understand the size and scope of the opportunity for 5G in industrial applications, Mobile World Live conducted an online survey of 345 people from mobile industry and vertical enterprise sectors.
The results confirm the industry’s high expectations for 5G industrial applications to drive business growth. While services and business models are in an early stage of development, industrial 5G activity is expected to pick up over the next two years, and the first sectors to benefit are likely to be automotive, manufacturing and media. But concerns remain about the business case and benefits of 5G as well as the readiness of standards.
Download this report to understand the opportunities for 5G in vertical industries.
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