Multi-Device Subs Key to 5G Revenue Growth Through 2026: Juniper
Revenue generated from 5G services will reach $600 billion globally by 2026, representing 77% of global operator-billed volume, says a Juniper Research report being released Tuesday. Adoption of 5G services in consumer and IoT sectors is being driven by a…
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strong uptake of 5G-capable devices, “coupled with attractive 5G subscription pricing models, despite the semiconductor crisis caused by the COVID-19 pandemic,” it says. Multi-device subscriptions will be key to maximizing 5G revenue growth the next five years, says Juniper: “As geographical 5G coverage expands, operators will capitalise on revenue streams beyond smartphones.” There will emerge an opportunity for “bundling multiple device subscriptions under a single recurring payment to enable operators to benefit from connectivity revenue from other consumer devices,” says the report.