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5G Connection revenue likely to hit $300 billion mark

Heading for their objective to launch the deployment of 5G Service, mobile network service providers have been showing a readily approach which will be leading them towards the launch of very first commercial network to be take place in 2019 as predicted Juniper Research. And North America, China and Far East, will be earliest of the regions where network providers will be starting the 5G services initially.

On the other hand, by still only watching over the progress of operators in the leading regions of North America and China, a strategy of wait-and–see has been adopted by European network operators.

5G infrastructure components have been vigorously tested by the network equipment vendors and telecom service providers in last two years.

Worldwide annual revenue of network operators from the 5G connection, crossing the amount of $894 million for 2019 and with the annual growth rate of 163 percent, will be touching $300 billion mark in 2025 as mentioned by Juniper Research in its latest market study. And due to the boosting revenue generations, Juniper Research is fore seeing relieved network providers, facing profitability and revenue decline currently.

Analysts as Juniper has been forecasting that despite the probable figure of 1.5 billion 5G connections comprising the 14 percent of all mobile connections in 2025, 38 percent share will be accounted for by revenues from 5G services to the worldwide total revenue generations of the network provider. For profit booking on their 5G investments, network configurations and strategies of price optimization, has been suggested by Juniper’ assessment to network operators.

By 2025, 5G connections will be generating 955 Exabytes of data traffic annually, also forecasted Juniper Research.

To reduce the per bit cost of 5G data, technology implementation is likely to be needed by the network operators.

Preparing for commercial launch of 5G in 2019, for network testing and deployment, cellular service provider will be likely to spend $30 billion in 2018 alone as expecting Juniper.

Maria Wiggins

Written by Maria Wiggins

Maria Wiggins:- News Stories
I am Maria Wiggins and I have over 11 years experience in the Technology industry giving me a vast understanding of how news affects the financial markets. I am an active day trader spending the majority of my time analyzing earnings reports and watching commodities and derivatives. I have a Masters Degree in Economics from Westminster University with previous roles counting Investment Banking.

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