The Asia-Pacific (APAC) 5G market generated revenue of $6.59 billion in 2021, and it is likely to reach $35.22 billion in 2026, increasing at a compound annual growth rate (CAGR) of 39.8% from 2021 to 2026. Market focus is shifting even more towards growing the enterprise segment, which makes commercial sense. 5G monetization in APAC for both the consumer and enterprise segments is being driven by intelligence and automation that leverages artificial intelligence (AI) to address local behaviors, needs, and preferences. Contribution from 5G network slicing to revenue is delayed, but Frost & Sullivan expects that by 2025, it will account for 43.9% of total 5G revenue in APAC.
With the journey to the cloud settling on multi-cloud or hybrid cloud rather than cloud-native as the solution, the next uncertainty and wave of growth is in the direction personalization will take. This will be an interesting space to watch and understand how well technology can get to know a person to serve its intended purpose. The metaverse concept seems promising; however, the concept is still at a nascent stage and is not ready to impact 5G during the duration of this study (2021–2026).
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