The research report predicts that the potential value of the global 5G market will reach 4.3 trillion US dollars.[China PCB show Tips]

12 Jul 2019

International accounting firm KPMG recently released China PCB show research that the issuance of 5G commercial licenses will help speed up the construction of domestic 5G networks and increase the scale of investment, driving the development of 5G industry chain.

From the perspective of the industry chain, the construction of 5G includes a series of fields, including network planning, base station construction, terminal equipment vendors, and the development of China PCB show chip manufacturers will receive continuous attention.

According to KPMG estimates, the potential China PCB show value of 5G technology in the global market for major vertical industries is currently expected to reach $4.3 trillion. For operators, retail, finance, manufacturing and healthcare are the areas of China PCB show application that maximize revenue.

Industry experts believe that the development cycle of 5G technology in the vertical industry will cover three time periods: in the initial 0 to 3 years, 5G technology development is mainly used in manufacturing and industrial chains to promote smart cities and intelligent networks. Development; in the medium term of 2 to 6 years, 5G technology coverage will be extended to the service industry, and a large number of vertical industries such as entertainment, media, and health care will benefit from it; after 5 years, most telecom China PCB show operators in the world are expected to begin large-scale deployment. 5G network, the potential of 5G technology will be fully demonstrated as mobile operators continue to transform their business models to take advantage of the edge computing capabilities and rapid connectivity capabilities of 5G.

Operators investing heavily in building networks must consider the profit and return cycles they will bring. Considering the value-driven and potential benefits of 5G China PCB show technology, operators should focus on corporate customers while providing services to the public market, and provide strong support for enterprise empowerment.

Chen Haode, China's leading China PCB show partner of KPMG's telecom industry, pointed out that global 5G has entered a critical stage of commercial deployment. Before 5G, 2G, 3G and 4G were replaced by 2G, 3G and 4G, which improved the communication between people.

The significance of 5G commercialization is that through the value driving force of capacity, reliability, delay, bandwidth and efficiency, it can greatly improve the communication between China PCB show machines and people, machines and machines in addition to interpersonal communication. In China, 5G will serve as an important networking tool to further support the development of artificial China PCB show intelligence, big data analytics and cloud computing.

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