5G adoption continues to grow rapidly as connections are set to reach 1 billion in 2022, boosted by the economic recovery from the pandemic, rising 5G handset sales, network coverage expansions and overall marketing efforts by global carriers. By focusing on digital-first customer experiences, new partner ecosystems and business models emerge as 5G’s speed and intelligence creates a differentiating factor for business. With use cases growing across industries including entertainment, automotive and healthcare, this theme will explore what a tomorrow’s world powered by 5G looks like, and the economics shaping its growth.
Internet of Everything
Today, Internet of Things (IoT) affords us the vital ability to sense everything everywhere. With over 40 billion devices and advancements in AI and edge computing, the growing suite of connected devices and smart technologies enables us to live comfortably, efficiently and support sustainability. The increased adoption of IoT is helping to reimagine and transform physical spaces to be more adaptive, customized and to anticipate new needs before they arise. Internet of Everything is the next evolutionary stage of the connected world, and we’re still just scratching the surface.
To embrace the full potential of 5G and adjacent technologies, anyone can have a great idea but working collaboratively across industry will deliver its greatest value. The ubiquitous nature of mobile connectivity can enable tech innovation to achieve the economies of scale needed to create impact. By putting a spotlight on high growth verticals such as FinTech, smart cities and gaming, the Tech Horizon theme will explore how mobile will transform our future through partnerships that fuel ambition with long term benefits.
Cloud migration is an important enabler of digitalization with the cloud market projected to reach $75 billion by 2026. With the emergence of Web3, NFTs and the metaverse, becoming cloud native has become a de facto standard for 5G networks to deliver a fully automated and intelligent network. Whilst careful navigation is needed to ensure long term value creation for mobile carriers, advancements in Artificial Intelligence, network slicing, edge computing and OpenRAN has seen a new blueprint emerge fit for a digital future.