In Asia-Pacific, Mega Trends, such as growth in aging population, slowing or declining population growth, and migration from rural to urban areas, are posing new challenges to end users in vertical industries. This is driving the need for enterprises to transform to enable new use cases that are critical to support and optimize enterprise business processes to improve efficiency.
Growth in the aging population will drive new solutions to address the increase in chronic diseases and accessibility of medical services in the healthcare sector. Slowing or declining population growth will drive the need for automation and remote support because of low labor supply in the manufacturing sector. Migration from rural to urban areas has resulted in an increase in megacities in Asia-Pacific. It is also driving the need for the government and public sector to digitalize and expand the solutions that address urban challenges and improve the quality of life for citizens. The COVID-19 pandemic has emerged as a new Mega Trend and is driving the need for broadband, remote work solutions, and 5G to support work from home and higher bandwidths and speeds.
The potential revenue for 5G enterprise is expected to grow at a CAGR of 46.4% from 2019 to 2024. The software segment presents the biggest opportunity as enterprises embark on their digital transformation journey. Growth opportunities exist within automation, edge computing, network slicing, and artificial intelligence (AI).
To spur the market demand for 5G, the supply side needs to increase the awareness and understanding of 5G. To address the lack of sufficient industry partnerships, there is a need for innovative ideas to unlock the potential of 5G. The gap between supply and demand, if left unchecked, will affect the adoption of 5G in Asia-Pacific. Mobile operators need to reassess how it is meeting the needs of end users companies.
Research Scope
The scope of this study includes Asia-Pacific, with focus on countries where 5G will be or has been implemented. It focuses on the impact of regional Mega Trends on healthcare, manufacturing, government and public sector and telecommunications verticals.
Companies mentioned in this study include, but are not limited to Advantech, Air Fiber 5G, Airbus, Beijing Jishuitan Hospital, China Telecom, Ericsson, Globe, Guangzhou Gosuncn Robot, Huawei, Human Horizons, Media Tek, NEC, NTT Docomo, Oppo, Rakuten, SANY Heavy Industry, The Fifth Affiliated Hospital, Universal Robots, Wakayama Medical University, and Xiamen Runner Industrial Corporation.
Key Issues Addressed
- What are the key market trends, drivers, and restraints influencing growth in the 5G enterprise market?
- How big will the market for 5G enterprise services and solutions be?
- What are the current use cases and gaps in the 5G enterprise market? How can enterprises leverage on the growth opportunity in the enterprise segment for growth?
- What are the vertical industries that the 5G enterprise market is likely to impact?
- How should enterprises implement 5G, and what is the best approach to deploying 5G?
Key Findings
Market Definitions
Market Definitions (continued)
Key Questions this Study will Answer
5G Enterprise Market—A Snapshot
What is 5G?
Key Capabilities of 5G
5G Enterprise—Timeline for Enterprise with 5G
Market Trends Driving 5G Enterprise
Mega Trends in Asia-Pacific Driving the Need for 5G Enterprise
Market Drivers
Drivers Explained
Drivers Explained (continued)
Market Restraints
Restraints Explained
Restraints Explained (continued)
Market Restraint—Availability of 5G Standalone (SA)
Forecast Assumptions
Potential Revenue Forecast
Potential Revenue Forecast Discussion
Potential Revenue Forecast by Segment
Potential Revenue Forecast by Segment Discussion
Understanding and Need for 5G
Challenges to Implementing 5G
Adoption Rate of 5G
Key Challenges with the Enterprise Network
Key Challenges with the Enterprise Network (continued)
Digital Transformation (DX) in Asia-Pacific
Digital Transformation to Drive 5G Enterprise
How Can Enterprise Address the Challenges?
Key Findings on Challenges with Enterprise Network
Key 5G Architecture
Key 5G Architecture to Drive 5G Enterprise—NFV
Key 5G Architecture to Drive 5G Enterprise—Software-defined Networking
Key 5G Architecture to Enable
Key 5G Architecture to Enable Private 5G Networks
Key 5G Architecture to Enable Digital Indoor Systems
Impact of Rise in Aging Population on the Healthcare Sector
Impact of Rise in Aging Population on End User—Physician
Case Study—Remote Medical Support System
Impact of Aging Population on End User—Patient
Case Study—Remote Monitoring and Consultations
Impact of the Aging Population on End User—Hospital
Case Study—Medical Robotics Technology
5G to Address the Aging Population’s Pain Points for End Users in the Healthcare Sector
Declining or Slowing Population Growth to Impact Manufacturing
Impact of Declining or Slowing Population on End User—Manufacturer
Case Study—Automated Guided Vehicles (AGVs)
Impact of Declining or Slowing Population on End User—Customer
Case Study—Collaborative Robotics (Cobots)
Impact of Declining or Slowing Population on End User—Worker
Case Study—Remote Controlled Machines
5G to Address the Declining Population’s Pain Points for End Users in the Manufacturing Sector
Increase in Megacities to Impact Government and Public Sector
Impact of Increase in Megacities on End User—Law Enforcement
Case Study—5G-powered Police Patrol Robots
Impact of Increase in Megacities on End User—Citizens
Case Study—5G Smart City Solutions
Impact of Increase in Megacities on End User—Government Official
Case Study—5G-enabled Government Shared Network
5G to Address Megacities Pain Points for End Users in the Government and Public Sectors
Impact of COVID-19 on the Telecommunication Sector
Impact of COVID-19 on End User—Internet User
Case Study—5G Fixed Wireless Access (FWA)
Impact of COVID-19 on End User—Enterprise
Case Study—5G Voice and Video Call
COVID-19’s Impact on End User—Mobile Operators
Case Study—5G Radio Units
5G to Address COVID-19 Pain Points for End Users in the Telecommunication Sector
Gap 1—There is a Need for SDN
Gap 2—There is a Need for Network Automation
Gap 3—There is a Need for Edge Computing to Manage Data
Growth Opportunity 1—Automation to Address Low Skilled-labor Supply in Vertical Industries
Growth Opportunity 2—Edge Computing to Address the Need to Handle Rising IoT-enabled Use Cases
Growth Opportunity 3—Network Slicing to Address the Need for More Bandwidth
Growth Opportunity 4—AI to Harness the Massive Amounts of Data to Increase Efficiency and Reduce Cost
Strategic Imperatives for Success and Growth
The Last Word—Conclusion and Recommendations
The Last Word—3 Big Predictions
Legal Disclaimer
Acronyms
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
The Frost & Sullivan Story
Value Proposition—Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
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Research Scope
The scope of this study includes Asia-Pacific, with focus on countries where 5G will be or has been implemented. It focuses on the impact of regional Mega Trends on healthcare, manufacturing, government and public sector and telecommunications verticals.
Companies mentioned in this study include, but are not limited to Advantech, Air Fiber 5G, Airbus, Beijing Jishuitan Hospital, China Telecom, Ericsson, Globe, Guangzhou Gosuncn Robot, Huawei, Human Horizons, Media Tek, NEC, NTT Docomo, Oppo, Rakuten, SANY Heavy Industry, The Fifth Affiliated Hospital, Universal Robots, Wakayama Medical University, and Xiamen Runner Industrial Corporation.
Key Issues Addressed
- What are the key market trends, drivers, and restraints influencing growth in the 5G enterprise market?
- How big will the market for 5G enterprise services and solutions be?
- What are the current use cases and gaps in the 5G enterprise market? How can enterprises leverage on the growth opportunity in the enterprise segment for growth?
- What are the vertical industries that the 5G enterprise market is likely to impact?
- How should enterprises implement 5G, and what is the best approach to deploying 5G?
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Sofea Zukarnain |
| Industries | Telecom |
| WIP Number | PB03-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9702-C1,9705-C1,9657,9A66-C1 |
Mega Trends in Asia-Pacific to Drive the 5G Enterprise Market, 2019–2024
Mega Trends in the Region are Creating New Opportunities and Business Models for the 5G Enterprise Market
30-Sep-2020
Asia Pacific
Market Research
