The year 2021 will be an interesting year for the Telecom industry, with new trends setting the stage for how well 5G will succeed.
The number of 5G connections likely to grow to 1.1 billion by 2025.– Statista
The global 5G services market size is likely to reach USD 46.61 billion in 2021. – Grand View Research
5G investment is expected to rebound modestly in 2021 as Communications Service Providers (CSPs) seek to capitalize on changed behaviors sparked by the growing reliance of populations on communication networks. –Gartner
Advanced technologies are transforming the world while paving the way for a gradual return to normalcy after the disruption caused by the pandemic in 2019. 5G and the inherent capabilities that it brings to the network operation and service delivery are at the heart of this technological fortification.
The rapidly changing technology has enabled today’s mobile network to offer a granular level of data and location-based analytics based on accurate data and location intelligence insights.
And, now, the growing advancements in the 5G architecture won’t just underpin the world’s gradual return to normalcy but can also create the path for a more secure future. The parameters, such as low latency applications, accurate location intelligence, and machine learning, emerge as the 5G stronghold. Also, as a section of the world works from home, with some top-notch companies announcing a permanent shift to remote work, a sudden load and shift in the network traffic is there. 5G real-time load-balancing and optimization are vital for network operators to ensure efficient infrastructure and services resources.
5G MMWAVE Becomes Real for All
Growing expectations from 5G high bandwidth and better performance over 4G are compelling network operators to fast track the nationwide deployment of 5G mmWave services worldwide. This will change the previously held concept that mmWave are meant for dense urban areas or hot spots only.
O-RAN takes Center Stage
In 2021, telecom operators are likely to switch to open radio access network (O-RAN) architectures globally to simplify 5G RAN deployment and management. It will also efficiently enable the scalability required to meet the rising data demands. O-RAN holds the capabilities to advance 5G network deployments significantly.
The Open RAN initiatives aim at helping operators evolve infrastructure quickly and accelerate the monetization of fresh 5G business opportunities while enabling improved CapEx management and holding OpEx.
For the profitable delivery of 5G in 2021, operators must examine ways to manage the high-cost areas of network evolution, maintenance, and growth. With Open RAN architectures, they will get many fresh avenues to achieve a multi-vendor interoperable ecosystem that drives innovations, healthier competition, and lower costs for RAN equipment.
Private Networks are the New Hot Ticket
5G holds opportunities beyond streaming. In addition to higher speeds, 5G enables low latency, massive scaling in machine-to-machine connections, and network slicing – capabilities that will allow the full potential of the internet of things (IoT) to be realized.
Also, the growing excitement over the disruptive nature of 5G has spurred interest in private infrastructure. As 5G networks take the limelight, the development of the private networks over 5G – something that started in LTE – will create the infrastructure needed to expand the industrial IoT and machine-to-machine interaction, ushering in the next industrial revolution.
These private networks will be composed of a wireless local area network (LAN) that leverages 5G technologies to deliver dedicated bandwidth, provide massive connectivity to support defined automation and IoT needs.
These were some of the trends that are likely to rule the 5G space this year. The pandemic has delayed the pace of 5G deployment worldwide due to lockdowns and supply chain challenges. But the need for advanced low latency and high bandwidth, coupled with the inevitable shift in lifestyles, is now working as the catalysts for the 5G acceleration in 2021.