5G is increasing much quicker than 4G

In terms of worldwide user penetration rates, 5G’s achievements in its first three years of operation are equal to what 4G accomplished in its first five years.

According to Peng Song, Huawei’s president of ICT strategy and marketing, the technology will find even more success if its worth is recognised in the ToC, ToH, and ToB sectors.

Many operators, according to Song, reported more than 20% 5G user penetration during the initial phase of rollout, resulting in considerable rise in mobile revenue.

As more operators and partners adopt the technology, the devices, content, and business models have evolved.

“This is evidence of a market shift from risk-based to revenue-based decision-making for even more assurance of business success,” Song said.

According to Huawei, achieving revenue growth requires a quick transfer of customers and traffic to 5G.

“If an operator migrated 30% of traffic to 5G eMBB in three years, it would take less than four years to see ROI,” it said.

“This duration would be even shorter if the operator also deployed FWA and ToB services.”

By the end of 2022, 95 operators had commercially deployed 5G fixed wireless access (FWA) services, according to Huawei. It went on to say that FWA services have linked more than 10 million residential customers worldwide.

“With its fast deployment, good experience, low cost, and high energy efficiency, 5G FWA sunsets old copper lines in developed markets and enables home broadband access in emerging markets,” it said.

“Operators in Europe, the Middle East, and Africa have reported outstanding results,” it added.

Song believes that operators would be able to establish significant service relationships with organisations via private 5G networks, creating a market area for corporate digital transformation three to ten times greater than the market for private networks itself.

This might also assist to promote sales of other value-added services like cloud, data centre, and fifth-generation fixed network (F5G).