Industrial manufacturing, retail and automotive, according to a report, are the top three sectors most likely in terms of adoption of 5G technology and the number of use cases.
The report – launched in India by KPMG in association with the Bharat Mobile Congress (IMC) and industry body COAI (Cellular Operators Association of India) – said that epidemic-driven high-speed data requirements are expected to drive 5G efforts in India is.
However, it has been reported that although telecom players are “disrupting their commercial launches” to address 5G technology, high price of spectrum, critical infrastructure investment requirements and regulatory policy concerns.
“While there may be some delay in the launch of 5G considering the current Kovid-19 situation, the prolonged 4G monetization period and the ultra-price-sensitive market, countries tend to delay adoption through the availability of more mature business usage Could potentially benefit. ” Multiple cases, multiple prototypes and a collaborative environment to ensure large-scale profitable and sustainable 5G deployment.
Report titled ‘TMT Industry CEO Outlook: Smart’. Safe. ‘Sustainable’ was launched at the ongoing Mobile Congress 2020 in India.
According to a release, the report is based on a survey of 300 TMT (technology, media and telecom) CEOs of India – a mix of executives from 500 companies and startups.
This reflects the challenges and opportunities brought by digital acceleration, as well as the CEO’s views on digitally empowering the TMT industry to ensure future survival and gain a competitive edge globally.
“The surge in demand from both end-users and businesses during the epidemic has reinforced the positive outlook of TMT CEOs surveyed on the development of the region. The report states that companies are seeing revenue growth coupled with India’s growing digital economy and private investment.
It turned out that 61 percent of CEOs reported an earnings outlook of more than 10 percent over the next three years.
“However, in order to maintain this momentum and take it forward, the government and TMT organizations need to find new and deeper ways to collaborate,” it said.
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