#MATERIALIZE CRUNCHBASE UPGRADE#

This has been our business over the past 140 years and have no plans to slow down any time soon.Дisclaimer: The contents of this press release was provided from an external third party provider. The 100th Ericsson-powered 5G network now going live is an important milestone for our organization and the teams responsible for pushing the limits of mobile network performance and service development.

Collaborating with Deutsche Telekom, for a lag-free 5G gaming experiences.

Ericsson D-15 pushing the boundaries of 5G innovation.

Rogers joining Startup 5G, bringing new 5G services to market.Through engagements likeВ Startup 5GВ andВ Ericsson D-15, Ericsson invites industry players to help bring new ideas to life: The combination of strengthened network capabilities and new devices form factors will enable completely new experiences to consumers, innovative services that will make our everyday life easier and more exciting. Accelerated by 5G, over 800 million people will get broadband access by 2027, through around 230 million FWA connections.ДЄfter gaming and FWA, we are likely to see more explorative services that will take more time and effort to develop. Almost 90 percent of service providers that have launched 5G also have an FWA offering. In the 5G era, gaming offers service providers fresh opportunities for service bundling, value creation, and not the least, to boost the relevance of mobile connectivity.ДЇixed Wireless AccessВ allows consumers to get a broadband connection to their home, as an efficient, convenient and competitive alternative to fiber. Some 35 percent of non-gamers surveyed by Ericsson expressed an interest in AR gaming. In the longer term, exciting new use cases like augmented, virtual, and extended reality (AR, VR, XR) will open the doors to additional audiences. GamingВ today makes up 26 percent of all mobile media consumption hours вЂ“ proving the near-term business opportunity for service providers. Mobile gaming and Fixed Wireless Access (FWA) are often referred to as two early 5G use cases, where the new, improved network capabilities will have a perfect fit. Many 5G services are already starting to materialize, leveraging the better performance and capacity of 5G. It means collaborating with the wider ecosystem to create appealing services for consumers in areas like gaming, sports, immersive media, education, and communications. True digital transformation means involving creative partners in the process, embracing new business models and ways of working. The promise of 30 percent revenue growth for service providers to capture between 20 requires them to take a proactive approach, focusing not only on network rollout, but also on service innovation and value creation. The only way to remain relevant is to act, starting to explore the new possibilities and services associated with 5G. The challenge is of course to deliver upon these expectations, in a highly competitive and dynamic landscape. A positive aspect of high consumer expectations is the strong demand for mobile services. 5G users want more apps and services that bring extra value into their lives. While most early adopters are satisfied with the network performance of 5G, around 70 percent express a degree of dissatisfaction with the levels of innovation provided with current 5G plans.

WhatвЂ™s more, 5G networks are delivering up to 20x higher speeds than 4G, ensuring the superior experience that users expect out of the new technology. Service providers are experiencing more than 50 percent yearly traffic growth in their mobile networks and having an efficient and high-performing delivery machine is essential to meet the growing demands. ItвЂ™s encouraging to see that major service providers in leading 5G markets, such as China and South Korea, are now reporting a positive impact of 5G, in terms of increasing ARPU and overall service revenue.ДҐG brings capacity, performance, and efficiencyД¬ore traits of 5G are capacity, performance, and efficiency вЂ“ all of which boost business growth and lower overheads.

#MATERIALIZE CRUNCHBASE UPGRADE#

A current focus area for service providers, beyond the gradual deployment of nationwide 5G coverage, is to prove and drive the value of 5G to consumers, motivating them to upgrade to 5G devices and 5G data plans. Already by the end of this year, we estimate there will be more than 660 million 5G subscriptions.

Materialize crunchbase