30 Saving Energy by Fifth Generation Networks
Dammam: Zeina Ali The transition to fifth generation networks reduces energy consumption by more than 30%, and provides an increase of about 10 times in data capacity A recent report by Ericsson indicated that upgrading existing 4G network sites to 5G has a great ability to achieve a significant increase in data capacity.
The report ranked the Kingdom of Saudi Arabia and 4 Gulf countries among the top 20 markets for 5G networks, which include the Kingdom, Bahrain, Kuwait, the Emirates, and Qatar, in addition to Australia, China, Denmark, Finland, Hong Kong, Ireland, Japan, Monaco, Norway, and Singapore , South Korea, Switzerland, Taiwan, the United Kingdom, and the United States, as these countries were chosen on the basis of the size of the fifth generation subscriptions.
These markets account for 85% of all 5G subscriptions globally, with the proportion of 5G subscriptions in each market above 15% Revenue growth The report indicated that there are encouraging factors, for telecom service providers around the world, linking the growing penetration of 5G networks and revenue growth.
Revenue settlement is an important challenge facing service providers around the world, and it often influences network investment decisions, which are part of their business development strategies, falling under the 'monetization' category in the industry The report highlights the positive trend of revenue growth related to the increase in subscriptions to the fifth generation network, in the 20 largest markets for this network since the beginning of 2020, which dominate about 85% of all subscriptions to the fifth generation network around the world.
Facing Challenges The report indicates that solutions can be found to address the challenges faced by service providers through research and development efforts Not only is it a game-changer, but it is also highly beneficial to the parties that use it first-hand.
Encouragingly, while 5G is still at a relatively early stage so far, it is growing exponentially, with proven early use cases and promising new and innovative use cases in the medium and long term One billion subscriptions The report adds that enhanced mobile broadband is the most important early use case for 5G, due to its increasing geographic coverage and premium offerings.
This use case has more than 1 billion active 5G subscriptions currently across approximately 230 commercial networks worldwide Enhanced mobile broadband provides the fastest revenue generation opportunity from 5G, as it represents an extension of service providers' existing businesses, building on the same pre-existing business models and processes.
It is noteworthy that even in the 20 largest markets of the fifth generation network, there are about 80% of consumers who have not yet switched to fifth generation subscriptions, which represents an important indicator of the great potential for revenue growth Wireless Access The report notes that fixed wireless access is the second largest early use case for 5G networks, particularly in areas with underserved or underserved broadband markets.
Fixed wireless access also offers significant revenue growth potential for telecom service providers, as it utilizes mobile broadband assets to a large extent Fixed wireless access is expected to grow significantly, reaching 300 million connections within 6 years.
In addition to consumer subscribers, fixed wireless access provides increasing opportunities for businesses and public sector organizations around the world The fifth generation network provides great value to companies, especially with the deployment of fifth generation private networks, and wireless wide area networks for institutional and industrial use.
Reducing costs The report adds that revenue growth and sustainability issues are among the topics that are raised on a permanent basis, indicating that there are initial signs of revenue growth in the developed markets of the fifth generation network, with the availability of wide coverage and attractive and distinctive service offers, and is also an important aspect of technology The fifth generation, it contributes to reducing costs, and helps service providers to deal with the large growth in the volume of data, which in turn leads to increased revenues in the future, and this matter can make the fifth generation network a strong catalyst for growth Top 20 5G Markets:.
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