Year of 5G 2020 put on hold.
The telco industry might be in the limelight for the moment, but 5G looks like it is now taking a breather as the coronavirus pandemic continues to wreak havoc on society.
"We previously believed that 2020 was going to be the real year of 5G. This is no longer that case under the current circumstances.”
“At Omdia we are revising our 5G forecast,” said Omdia 5G Practice Leader Dario Talmesio. “There are many factors to be looked at, including consumer confidence, business confidence, disposable income, employment data, availability of networks, availability of devices, retail environment, marketing budgets. all these are converging to one direction which is very negative for 5G eMBB.
2020 was supposed to be the year 5G started to pay dividends. Telcos have been promising financial rewards in the enterprise segments, enterprise customers have been envisioning connectivity-based business models and the vendors were supposed to be supplying the technology to underpin it all. But the party might have to be delayed by another year.
Read more:https://telecoms.com/503436/covid-19-puts-year-of-5g-on-hold/