Although the telecoms landscape in APAC has changed a lot since the onset of the COVID-19 pandemic, data as a key driver of traffic and 5G monetization as the industry’s biggest bottleneck remain important developments impacting the industry. As 5G enterprise develops, enhanced mobile broadband (eMBB) is expected to continue to impact the mobile operator business for the foreseeable future. Regional mobile operators are maintaining 5G connectivity for consumers as a stable revenue source with a proven business model while they explore other growth opportunities (for example, bundling connectivity with value-added services and 5G enterprise solutions). On its own, 5G will not convince boards. It is the transformational power of 5G converging with cloud, edge computing, and AI that will enable the next generation of innovative digital services for enterprises.
• Frost & Sullivan notes that not all manufacturers will opt for 5G and only a select few with bigger visions for their businesses will transform their operations with 5G.
• As AI holds the potential to drive the most transformative change over the next decade, it is currently holding the spotlight as a technology innovator and automation enabler; network automation, particularly, is gaining traction as a must do.
• Intelligence and automation leveraging AI to address local behavior, needs, and preferences will drive 5G monetization in APAC for customers.
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