DUBLIN, Nov. 20, 2023 (Globe Newswire) — “5G Growth Opportunities in Southeast Asian Countries” report has been added. ResearchAndMarkets.com Recruitment.
Overall, total 5G revenue in the ASEAN region is expected to grow from $1.64 billion in 2022 to $7.43 billion in 2027, at a CAGR of 35.3%. 5G revenue will continue to be driven by 5G connectivity, which will be the main driver during this period.
On the consumer side, revenue growth is starting to stall. On the corporate side, mobile operators are starting to prioritize growth, with some markets (Singapore and Thailand) ahead of others. Singtel’s success will enable mobile operators to deliver value to the enterprise segment by integrating all the enabling technologies businesses need to link through application programmable interfaces (APIs) and launch new solutions. Evidence of the fact that there is a monetizable opportunity.
Drive new business models that leverage customer experience, customer-centric strategies, and existing services (including broadcast) and new services (such as metaverse-based), as other mobile operators in the Asia Pacific region are experiencing. 5G could be the way forward for mobile. ASEAN operator. Apart from Singapore and Thailand, other countries in the region are lagging behind in 5G simply due to challenges in embarking on the transition, such as delays in spectrum allocation and low 5G penetration. We haven’t invested a lot in these areas just because.
Although 5G revenues overall recorded CAGR growth, in some markets such as the Philippines and Indonesia, 5G faces implementation challenges that will impact further investment. Monetizing 5G is difficult, but the high cost of 5G network equipment cannot be justified.
Additionally, with fewer restrictions (due to lockdowns during the pandemic), 5G will have to compete with cheaper (Wi-Fi hotspots) and better (fiber) technologies from 2023 onwards. Developing technology is essential, but monetizing the costs incurred is even more important. Maintain stakeholder and investor buy-in.
Key attributes:
| report attributes | detail |
| number of pages | 66 |
| Forecast period | 2022-2027 |
| Estimated market value in 2022 (USD) | $1.64 billion |
| Projected market value to 2027 (USD) | $7.43 billion |
| compound annual growth rate | 35.3% |
Main topics covered:
1. Strategic imperative
2. Growth opportunity analysis
- Analysis scope
- segmentation
- Major competitors
- growth indicators
- The driving force behind growth
- restraint of growth
- Forecasting assumptions
- Revenue forecast
- Revenue forecast by country
- Revenue forecast analysis
- Price trends and predictive analysis
- competitive environment
- Revenue share analysis
3. Growth Opportunity Analysis: Malaysia
4. Growth Opportunity Analysis: Indonesia
5. Growth Opportunity Analysis: Thailand
6. Growth Opportunity Analysis: Philippines
7. Growth Opportunity Analysis: Vietnam
8. Growth Opportunity Analysis: Singapore
9. A world of growth opportunities
- Growth Opportunity 1: 5G monetization solutions for enterprise and consumer segments
- Growth Opportunity 2: Beyond Connectivity Solutions for the Enterprise Segment
- Growth Opportunity 3: New cost structure in 5G and beyond
10. Next steps
For more information on this report, please visit https://www.researchandmarkets.com/r/ux4jf1.
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