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Growth Opportunities Identified for 5G, Telco, and Enterprise Video Markets
November 30, 2018 | ABI ResearchEstimated reading time: 1 minute
ABI Research releases significant findings in the 5G and mobile network infrastructure, telco digitization, and video, VR & OTT markets.
China Won’t Be First to Deploy 5G
Despite China’s vigorous pursuit to win the 5G race, U.S. operators will deploy 5G first. “While they won’t be the first country to deploy 5G, once they do, China will ultimately be the world’s largest 5G ecosystem,” said Emanuel Kolta, research analyst at ABI Research.
5G Slicing Will be a US$66 Billion Market
5G network slicing has become the focus of much attention in part due to its intrinsic ability to afford flexibility and dedicated resources. “Industrial segments, such as manufacturing, are pursuing digitalization and automation with vitality and substantial investments. 5G network slicing aims to serve as a stepping stone to drive productivity growth and enable the high-performance connectivity that underpins the dynamic, secure, and reliable interconnection of industrial systems and machinery,” said Don Alusha, senior analyst at ABI Research.
Cloud Video Segment Expected to Surpass 25% of the Enterprise Video Solutions Market by 2023
While changes in viewer behavior and the shift from on-prem hardware to cloud services have posed challenges for some market segments, new opportunities in OTT and cloud video are adding fuel to the market. “Video services and operators are increasingly moving workflows and operations to the cloud—allowing companies to better scale operations, both up and down, to meet demand while lowering CAPEX spend,” explained Michael Inouye, Principal Analyst at ABI Research.
About ABI Research
ABI Research provides strategic guidance for visionaries needing market foresight on the most compelling transformative technologies, which reshape workforces, identify holes in a market, create new business models and drive new revenue streams. ABI’s own research visionaries take stances early on those technologies, publishing groundbreaking studies often years ahead of other technology advisory firms. ABI analysts deliver their conclusions and recommendations in easily and quickly absorbed formats to ensure proper context. Our analysts strategically guide visionaries to take action now and inspire their business to realize a bigger picture.
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