Nokia has released new research today, focusing on 5G plans, expectations and the biggest 5G WAN and LAN drivers for businesses across key industries in the US and UK.
The study, titled ‘Mapping demand: The 5G opportunity in enterprise for communications service providers’, was conducted in partnership with Parks Associates, and surveyed over 1,000 IT decision-makers, covering key enterprise segments including energy, manufacturing, government/public safety, and automotive/transportation.
“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,” said Josh Aroner, vice president marketing for Nokia’s service provider business. “It also reveals how CSPs can grow revenue by offering the services that enterprise customers are willing to pay for.”
The survey results reveal that two thirds of participants (65%) are familiar with 5G, and one third (34%) say they’re already using 5G technology. And nearly half (47%) of IT decision-makers say their organizations have already started planning for 5G, with others (54%) still waiting for more widespread 5G availability.
“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,” said Aroner. “Now we have a better understanding of what is happening in the network, there is a clear call to action for CSPs to invest in vertical expertise and guide their enterprise customers with more 5G education.”
Video surveillance topped the report findings as the most anticipated 5G use case, with 83% saying that 5G-enabled video was appealing, and 62% saying that they would likely buy at least one 5G-enabled video camera.
Elsewhere, 75% of organizations that use vehicles within their operational technology for safety and/or security purposes said that 5G was highly appealing, with 54% already using connectivity features in their vehicles or fleets.
Immersive Experiences also garnered a lot of interest, with 55% of respondents saying that 5G-enabled AR and VR experiences were appealing, which increased to 67% in education, but only 25% of them were currently using such technologies, illustrating clear opportunities for both service and hardware providers in this sector.
To download the full research, visit: Mapping demand: The 5G opportunity in enterprise for communications service providers.