5G enabled digitization revenues in India will be $25.9 billion by 2026, a report by telecom equipment maker Ericsson said.
Indian telecom operators can generate $13 billion revenue if they take up roles beyond being connectivity providers to become service enablers and service creators. Ericsson urged Indian telecom operators to take up additional role in the forthcoming 5G services in the country.
“The largest 5G opportunity will be in industry verticals such as manufacturing, energy and utilities followed by public safety and health sectors,” said Ericsson India head Paolo Colella.
Indian telecom operators’ revenues will grow to $63 billion by 2026 from $37 billion due to growth in population, increased telecom penetration and GDP growth. 5G and 4G network will be instrumental for the revenue growth of Indian telecoms.
Top Indian telecom operators are Bharti Airtel, Idea Cellular, Vodafone, BSNL, Reliance Jio Infocomm, Aircel and Reliance Communications. Both BSNL and Bharti Airtel have announced their 5G initiative with Nokia, one of the rivals of Ericsson.
Ericsson earlier announced its 5G platform for telecom operators. Ericsson also revealed its 5G plug-ins — software-driven innovations to bring 5G concepts to today’s cellular technology.
Ericsson today announced the launch of 5G ready radio solutions for Indian mobile operators.
Ericsson presented solutions in 5G, IOT and Cloud
On the road to 5G: A demonstration on why we need 5G, what we can expect from it and how 5G networks will meet the demands for the Networked Society.
5G for Industries: Demonstrated how 4G LTE & 5G NR standards combined with 3GPP technologies can deliver shorter latencies, high reliability, and high capacity for industrial applications.
NFV Infrastructure: Highlighted how an open and programmable infrastructure supports emerging services with high performance and reliability.
Cellular for Massive IoT: Showcased how Ericsson is leading new standardization, technology development and commercialization in the growing market for connected devices.
Ericsson Neurometric Analysis: A unique neuroscience application that demonstrated app experience thresholds for their users that mobile operators must maintain.
