New report helps operators understand the 5G business potential

Our latest report, The 5G business potential – Industry digitalization and the untapped opportunities for operators, analyzes the 5G business opportunity that comes from industrial digitalization, focusing on eight key global industries, including: manufacturing, public safety, financial services, healthcare, automotive, public transport, media and entertainment and energy and utilities.

We have identified a huge opportunity for telcom operators who address industry digitalization, and foresee a revenue potential of USD 582 billion by 2026. This represents a possibility to add 34 percent growth in revenues. The report shows that manufacturing and energy/utilities sectors represent the biggest opportunity for revenues created or enhanced by 5G. To capture this market potential requires investment in 5G technology, but also business development, go-to-market models and organizational adaptation. To leverage the power of 5G technologies, operators need to rethink their role and what value to deliver, and what business models to use.

This market potential is here now. With IoT and technologies such as GigabitLTE and network slicing enabling new services and revenue streams, the journey to 5G has started. Read the full report to learn more about 5G industry digitalization.

Key findings from the report:

• Industry digitalization investments are growing and generating revenue for ICT players. For telecom operators, this market is worth an estimated USD 582 billion by 2026.
• Operators can benefit from an additional 34 percent revenue from 5G-enabled market opportunities by 2026.
• Manufacturing and energy/utilities sectors represent the biggest opportunity for revenues created or enhanced by 5G.

Download the Report here: https://www.ericsson.com/networks/insights/the-5g-business-potential/download-5g-business-potential-report