Ericsson's The 5G Business Potential report
analyzes commercial potential offered by fifth-generation (5G) industrial
technology, focusing on eight key global industries including manufacturing,
public safety, financial services, health care, automotive, public transport,
media and entertainment, and energy utilities.
Ericsson has identified a huge opportunity
for telecom operators who address industry digitalization, and they foresee a
revenue potential of US$582 billion by 2026. Compared to 2016, this represents
a 34% growth in revenue. The report shows that the manufacturing and energy
utilities sectors offer the strongest opportunity for revenues created or
enhanced by 5G.
To capture this market potential requires
investment not only in 5G technology but also in business development,
go-to-market models, and organizational adaptation.
To leverage the power of 5G
technologies, operators need to rethink their role, what value to deliver, and
what business models to use. With the Internet of Things (IoT) and technologies
like gigabit long-term evolution (LTE) and network slicing enabling new services
and revenue streams, the journey to 5G has started.
Ericsson has announced that it has
completed the first demonstration of 5G in Indonesia, including a 5G test bed,
5G NR, and use cases like a motion-sensing robotic arm and live video streaming
with 4K resolution, meaning that the horizontal resolution is approximately
The 5G demonstration took place during a three-day event to
celebrate Ericsson's 110th anniversary in Indonesia. Ericsson's 5G test bed
achieved a peak downlink speed of 5.74 Gb/s and latency as low as 3 ms.
Having pioneered the first four generations
of mobile technologies in Indonesia, Ericsson demonstrated its commitment to
deploying cutting-edge communications technologies and services locally by
becoming the first company to showcase 5G in the country. Ericsson's 5G test
bed includes all functionality required for pre-commercial trials and includes
support for features like beamforming and tracking, multiuser MIMO, multisite
transmission, ultralean design, and dynamic TDD.
The low latency and high reliability of 5G,
coupled with intelligence residing in the cloud, will enable enhanced
human-to-machine communication. Ericsson demonstrated this in Indonesia with a
motion-sensing robot arm that participants could control in real time using
hand and finger motions.
Such applications could be used in myriad tasks,
including remote surgery, road accident management, and scenarios that might be
unsafe for humans.
Full article: IEEE Vehicular Technology
Magazine, Volume 12, Number 3, September 2017