Ericsson says 5G to be worth $582bn

Ericsson is forecasting a $582 billion market opportunity for 5G technology by 2026, giving mobile operators the change to add 34% growth to their revenues.

The platform will “support the beginning of a huge change in network capabilities, allowing our customers to offer more advanced use cases and new business models to their customers”, said Arun Bansai, head of the company’s network products business unit.

Source: Ericsson says 5G to be worth $582bn

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