ConnecTechAsia Summit speaker, Quah Mei Lee, Industry Principal – ICT Practice APAC, Frost & Sullivan, discusses the potential and challenges of 5G as a catalyst for Asia’s digital revolution.
By 2022, there will be 280 million 5G subscriptions in Asia Pacific, with 5G service revenue reaching US$4.5 billion.
Compared to previous generations of networks, 5G’s significance lies in its capability to offer real time end-to-end service offerings. Alongside the emergence of technologies such as the IoT, drones, smart devices and with increased mobile phone uptake, 5G has been seen as a key enabler of all these by providing the infrastructure to carry large amounts of data, creating a smarter and more connected world and also driving the digital economy.
For Asia, a region that has one of the highest mobile penetration rates in the world, the potential for 5G to transform the region and advance the development of smart cities is an exciting possibility set to become a reality soon.
Upping the Ante
Asia presents a unique setting for 5G – a populous region with fast-growing, increasingly-digital economies that have the desire for speed and connectivity. 5G will fundamentally change industries including transport, healthcare, communications and supply chains.
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