Fifth-Generation Technology Offers Trillion-Dollar Business Opportunities [Mobile Radio]

Ericsson's The 5G Business Potential report [1] 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.