5G-A and 5G RedCap enable carriers to offer services such as expanded coverage, improved network efficiency, and device battery life to enterprise users.
5G-Advanced and 5G Reduced Capacity (RedCap) are key for carriers looking to capitalize on the global 5G market, which is expected to reach $400 billion in market value this year, according to a new study from Juniper Research.
However, the report states that as 5G penetration reaches saturation among consumers, it is imperative for carriers to launch services over 5G networks that provide value to enterprise IoT users. I expect it to be.
5G Advanced and 5G RedCap will enable carriers to offer enterprise users services such as expanded coverage, improved network efficiency and device battery life, the research firm said.
The report also predicts that the benefits of 5G Advanced and RedCap will “help” grow the IoT sector, including automotive and mobile broadband. Additionally, he predicts that by 2028, more than 360 million 5G IoT devices will be utilizing public networks, up from 35 million in 2024. Juniper Research also identified fixed wireless access (FWA) as the area that would benefit most from these services. It generates a lot of traffic.
“FWA has always been positioned as a key service for 5G network monetization, but with the advent of 5G Advanced and 5G RedCap, carriers will be able to offer network conditions similar to fixed network service providers. Carriers need to leverage their existing billing relationships with consumers to drive FWA solutions,” said study co-author Sam Barker.
In a separate report, Juniper Research predicts that the number of citizen broadband radio service (CBRS) connections in the United States will increase from 17 million last year to 66 million by 2028.
The report predicts that this significant growth of more than 280% will be driven primarily by the technology’s ability to deliver 5G services at lower costs to industries such as energy, mining, and manufacturing. The research firm noted that cost savings would be achieved by eliminating spectrum access charges.
CBRS is a US spectrum sharing initiative, with access provided by CBRS Devices (CBSD), significantly reducing connectivity costs for businesses.
The report predicts that service vendors will see the greatest success in industrial use cases, although the lack of spectrum costs may impact the quality of network service over CBRS. By 2028, 50% of CBSD will be attributable to the industrial sector. The study also anticipates that these use cases, which are often located in remote locations, will benefit from the lack of competition from other CBRS spectrum users.
We also predict that private networks will become the primary use case for CBRS over the next five years.
“The immediate priority for CBRS vendors should be industrial sectors such as energy, mining and manufacturing where they can see the most immediate return on investment,” said study author Alex Webb.