Jan 11, 2021

Frost & Sullivan: APAC 5G revenues to grow sevenfold by 2024

5G
Paddy Smith
2 min
apac 5g
Enterprise 5G growth set to achieve staggering growth in APAC region in next few years, according to Frost & Sullivan analysts...

Enterprise 5G revenues could grow to seven times their 2019 level in the Asia-Pacific region by 2024, according to analysts from Frost & Sullivan.

The forecast is included in the firm’s Mega Trends in Asia-Pacific to Drive the 5G Enterprise Market, 2019-2024 report.

Analysts suggest the growth will occur in government, public sector, healthcare, manufacturing and telecommunications verticals, with new challenges pushing enterprises to transform and create new use cases to optimise efficiency.

The Covid effect

The transformation will be accelerated by Covid-19, with the pandemic driving the need for stable and reliable data transmission, and supporting ongoing remote working patterns. 

Frost & Sullivan puts 5G at the heart of enterprise transformation and outlines four key areas for growth:

  • Implementing automation to enable an open application programming interface (API), allowing flexibility, manageability, and cost savings. 
  • Utilising edge computing to address the need to handle rising IoT-enabled use cases due to the increasing number of connected devices in the network. 
  • Offering network slicing solutions to meet the demand for more bandwidth offered with SLAs. 
  • Using artificial intelligence to help cognitive engagement to better connect with customers and anticipate their needs and potential problems.

5G network slicing

Sofea Zukarnain, information and communication technologies research analyst at Frost & Sullivan, said, "5G enterprises in Asia-Pacific are undergoing digital transformation at a more rapid pace to either optimise or enable business processes to keep up with the changing consumer demand.

"However, these digital transformation initiatives will add pressure on existing networks, as new solutions will require higher bandwidth and availability to offer the necessary reliability, driving the need for enterprises to transform their network infrastructure. This will boost the demand for 5G enterprise solutions and new enabling technologies such as network slicing and edge computing.

"Network slicing will empower enterprises with end-to-end ownership of a slice of the 5G network that can be used for a specific use case. Further, there are many benefits to utilizing a slice of 5G, including the ability to provide enterprises with better control, management capability, and agility of the network so that it can optimize the usage of the network for enterprises."

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Jul 30, 2021

The Ultimate Enterprise Technology & AI & Cyber LIVE Event

Technology
AI
cyber
live
3 min
New speakers announced for Technology & AI & Cyber LIVE Event, where innovation meets implementation, coming to you live from London

Do you want to build high-level relationships, gain insider knowledge and leave with the tools you need to drive effective digital transformation within your business? Then you don’t want to miss out on the must-attend hybrid event of 2021 for leaders in forward-thinking enterprises.

At Technology, AI, and Cyber Live, you will be able to hear and engage with C-Level executives at Microsoft, IBM, Salesforce, Capgemini, and more.

Order your tickets now to take advantage of our limited-time Early Bird offer. 

 

How can you attend?

 

In the post-Covid era, not everybody wants to travel for events. So Technology & AI will be completely hybrid. That means you can attend the event in person or virtually, with no disadvantages to people who don’t make the trip to the Tobacco Dock.

In-person

Technology and AI Live is happening in the Tobacco Dock in London, a ten-minute walk from Tower Bridge. For more information on the location, click here

Virtually

There’s no need to worry about missing out if you choose not to attend in person. You can still absorb all the information, interact with other attendees and enjoy the conference experience on our virtual platform. 

There will be live feeds from all of the stages (also available on-demand after the event) as well as virtual networking areas. So not being able to travel is no reason to miss your chance to gather with the industry.

 

 

New Speakers

 

Sunil Ramakrishnan

Vice President at CGI

Sunil has over 20 years of experience in consulting and helping energy and oil and gas clients transform into digital and sustainability leaders. He has also helped organisations across the energy, oil and gas, chemicals, renewables, and manufacturing industries realise business value from their investments using cloud, artificial/augmented intelligence, data science, internet of things, industry 4.0, robotic process automation, cybersecurity, and hyper-automation.

He has substantial experience in the information technology industry gained working at IBM Global Business Services, KPMG Management Consulting, Sapient, and Infosys. 

 

Lauren Barrett Knausenberger 

Chief Information Officer at Department of the Air Force

Lauren Barrett Knausenberger is the Chief Information Officer for the Department of the Air Force, including the U.S. Air Force and U.S. Space Force. She leads two directorates and supports 20,000 cyber operations, and supports personnel around the globe with a portfolio valued at $17 billion. 

She provides oversight of the Air Force’s Information Technology portfolio, including the Information Technology investment strategy from networks to cloud computing, Enterprise policies, information resources management, IT innovation initiatives, information assurance, and related matters for the Department of the Air Force. 

 

Keri Gilder

CEO at Colt Technology Services

Appointed CEO in May 2020, Keri is responsible for executing Colt’s strategy, which centres around transforming the way the world works through the power of connectivity. Before becoming CEO, Keri was Colt’s Chief Commercial Officer (CCO), leading global teams across sales, presales and marketing. Passionate about promoting Inclusion and Diversity, she also leads Colt’s Diversity Council to ensure Colt is a business where everyone feels they can bring their true selves to work. We look forward to hearing her insights. 

Order now to make the most of our early-bird offer. Ticket prices increase over 50% soon! For tickets and information, head over to our event site.

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