Unleashing the New Wave of Connected Services
Wide adoption of connected technologies, such as 5G and the internet of things (IoT), is enabling industrial digitalization through customer value creation. The promise of high-speed, low-latency, and secure, ubiquitous connectivity with 5G, along with the growing demand for machine-to-machine (M2M) services, will enable mass digitization of businesses and industries with a variety of use cases supporting it. According to GSMA, the global IoT market will be worth $1.1 trillion in revenue by 2025 with more than 25 billion IoT connections (cellular and non-cellular), driven largely by growth in the industrial IoT (IIoT) market.
As networks continue to evolve, generic services offered over 5G New Radio (5G NR) can be broadly categorized as enhanced mobile broadband (eMBB), ultra-reliable, low-latency communications (URLLC), or massive machine-type communications (mMTC) services.Download Back to Resources
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