The 5G services market is experiencing explosive growth, projected to reach a staggering $3.24 trillion by 2031. Driven by increasing IoT adoption, standalone 5G networks, and government initiatives, this report delves into the market’s key trends, technological advancements, and leading players.
Nokia and du successfully completed the UAE’s first live transport network slicing trial, showcasing advanced technology that optimizes network performance, enhances security, and opens new revenue streams. This groundbreaking achievement utilizes Nokia’s Network Service Platform (NSP) to dynamically allocate resources for services like low-latency gaming and IoT applications. The partnership underscores the UAE’s commitment to AI and positions du as a leader in telecom innovation.
Bell Canada integrates mobile numbers directly into Microsoft Teams, offering a seamless, secure, and AI-powered communication solution for hybrid and mobile workforces. This innovative service leverages Bell’s 5G network and enhances productivity with features like unified communication and advanced management tools.
Boost Mobile, known for its budget-friendly phone plans, is shaking up the mobile carrier landscape with a significant expansion of its 5G network and aggressive pricing strategies. The company is now offering faster speeds, competitive pricing, and enticing deals, making it a serious contender for both budget-conscious and tech-savvy consumers.
The global semiconductor silicon wafer market is experiencing significant growth, driven by the emergence of 5G technology, the increasing miniaturization of electronic devices, and growing government initiatives to boost semiconductor production. This market is projected to reach $18.09 billion by 2031, presenting a substantial opportunity for industry stakeholders.
Reliance Jio, India’s largest telecom operator, plans to export its high-speed fixed wireless access (FWA) internet technology as a managed service, rather than directly entering overseas markets as a telecom provider. With nearly 1 million 5G sites deployed across India, Jio sees FWA as a key growth area for 5G, both domestically and globally. The company aims to provide FWA technology to other market players, leveraging its expertise in large-scale, high-volume, and cost-effective infrastructure development.
T-Mobile is powering Jacksonville’s ‘Ultimate Urban Circulator’ program with a 5G private network, enabling autonomous shuttles to navigate city streets and connect passengers with real-time data and video. The move positions T-Mobile as a leader in the emerging autonomous vehicle market and highlights its commitment to providing secure and reliable communication for smart cities.
Bharat Sanchar Nigam Ltd (BSNL), India’s fourth-largest telecom company, has declared it will not raise tariffs, despite its competitors increasing prices. Instead, BSNL will focus on improving its service quality and launching new services to retain the customers it gained from rivals in the past quarter. This includes a new 4G stack that can be migrated to 5G, spam protection, automated SIM kiosks, and direct-to-device connectivity, among other offerings. BSNL also announced plans for a nationwide 4G rollout and private 5G services for various sectors.
Nokia’s shares are on the rise ahead of their earnings report as they’re in exclusive negotiations with Bharti Airtel for a multi-billion-dollar 5G contract in India. However, Airtel is also in talks with Samsung, introducing uncertainty and potential risks for Nokia’s investors.
Nokia is in advanced talks with Bharti Airtel to secure a substantial contract for providing 5G telecom equipment, aiming to capitalize on the Indian mobile operator’s network expansion. This potential deal comes amidst slowing demand in India after a surge last year and follows Ericsson’s successful multi-billion dollar contract with Airtel. The agreement would involve Nokia’s latest technology, Air Scale mobile radios, supporting 5G-Advanced and reducing energy costs.
