Nokia conducted a survey focusing on the business benefits for 5G, highlighting 5G plans, expectations and the biggest 5G WAN and LAN drivers for businesses across key industries in the US and UK.
Accordingly, the study was jointly conducted with Parks Associates and surveyed over 1,000 IT decision-makers.
Josh Aroner, vice president marketing for Nokia’s service provider business stated that
We conducted this survey to demystify 5G hype and to get to the crux of what will drive enterprises to adopt 5G for their WAN and LAN applications. It also reveals how CSPs can grow revenue by offering the services that enterprise customers are willing to pay for.
According to the study, the 47% of the IT decision-makers noted that their organizations have already started planning for 5G, others are waiting for more widespread 5G availability (54%), and nearly one third (30%) reported they would also like to better understand the value of 5G before developing a strategy to use it in their organization.
In the meantime, Nokia’s study revealed that 61% of businesses would look to a mobile operator for direction when planning 5G services, CSPs have an opportunity to position themselves with those enterprises who are looking for 5G expertise during these uncertain times.
Aroner added that
We anticipate requirements born out of the COVID-19 pandemic will accelerate longer-term 5G plans with a focus on digitization, automation and analytics, which perfectly lend themselves to physical distancing, monitoring and remote working.
Supporting the use of 5G within the shipping industry, Huawei and Shanghai Zhenhua Heavy Industries Company (ZPMC) launched the ‘5G Smart Port White Paper‘, in which they described the potential of 5G in ports, noting that the first version of the international standard for 5G should have been completed by March 2020.
