Washington, February 7, 2024 /PRNewswire/ — By allocating internationally harmonized mid-band spectrum to 5G, approx. 200 billion dollars According to a new Accenture (NYSE:ACN) study commissioned by wireless industry group CTIA, the impact on the U.S. economy over the next 10 years is: If the adoption of 5G spectrum allocation is not fully supported, there is a risk that the US wireless industry will limit its “future leadership in the global wireless ecosystem.” This could also impact adjacent industries that utilize wireless technology, such as manufacturing and utilities. wethe study found.
report, forward we Wireless Excellence: The Case for Global Spectral Harmonization, found that spectrum harmonization is key to “achieving economies of scale across the wireless value chain and fostering new sources of growth and innovation.” Although most countries are rapidly uniting around an internationally harmonized set of bands to support 5G networks and realize these benefits, we Spectrum inferior to international peers. Chinaand has no plans to release additional 5G spectrum in the near future.
“As we saw, World Radiocommunication Conference In addition to (WRC), other countries around the world will allocate large amounts of internationally harmonized mid-band spectrum to 5G to meet exploding demand and build the foundation for future innovation and economic growth. It’s moving as quickly as possible.” meredith atwell baker, President and CEO of CTIA. “To avoid wireless technology isolation and ensure economic competitiveness, it is critical we act quickly to allocate more full power and licensed spectrum to 5G using global bands.”
According to research, we By leading the adoption of internationally harmonized spectrum bands, we can secure wireless leadership and achieve significant economic benefits. State-of-the-art spectrum harmonization will help the U.S. by reducing the cost of wireless products and services, accelerating the development of innovative 5G use cases, and supporting the continued growth and development of trusted network infrastructure companies. It also benefits consumers.
“Redressing the mid-band spectrum shortage is essential for the world. we Promote new sources of growth and innovation. Ignoring this opportunity now could jeopardize the wireless leadership achieved in the early stages of 4G and 5G deployment. ” Tejas Rao, Managing Director, Accenture Cloud First Networks. “Strategic and swift action is required.” we Stay at the forefront of wireless innovation and lay the foundation for future growth. ”
of we should focus on freeing up mid-band spectrum for full-power and licensed 5G use, driving a wide range of use cases such as 5G home broadband, smart manufacturing, and precision agriculture.
Considering WRC’s recent developments globally and its participation in the National Spectrum Strategy domestically, two bands that stand out are:
- The lower 3 GHz band is already harmonized and widely used around the world, making it the ideal spectrum to start catching up with the rest of the world in mid-band 5G allocations.
- The 7/8 GHz band will be used internationally in mobile in the future. we There is a clear opportunity to lead the development of the wireless ecosystem using this next major spectrum band.
This study aims to lead the deployment of key spectrum bands. 200 billion dollars in we Economic growth over the next decade.This includes more than 150 billion dollars New jobs, new industrial leadership, strengthening America’s export markets, and accelerating America’s global economic competitiveness.Additional $44 billion This could be achieved by leveraging economies of scale in the production of network equipment and devices.
By leading the adoption of internationally harmonized bands, weAccenture says its goal is to secure the network equipment supply chain by allowing trusted equipment manufacturers to take advantage of global economies and compete on a more level playing field with Chinese equipment manufacturers.
You can download a copy of the report here.
About CTIA
CTIA® (www.ctia.org) we Companies across the wireless communications industry and mobile ecosystem that enable Americans to live connected lives in the 21st century. The association’s members include wireless carriers, device manufacturers and suppliers, as well as app and content companies. CTIA vigorously advocates for policies that foster continued wireless innovation and investment at all levels of government. The association also coordinates industry voluntary best practices, hosts educational events that promote the wireless industry, and co-produces industry-leading wireless trade shows. CTIA was founded in 1984 and is located in: Washington DC
About Accenture
Accenture helps the world’s leading businesses, governments, and other organizations build their digital cores, optimize operations, accelerate revenue growth, enhance citizen services, and create tangible value with speed and scale. We are the world’s leading professional services company. We are a people and innovation-driven company with approximately 743,000 employees serving customers in more than 120 countries. Technology is at the core of today’s change, and our strong ecosystem relationships make us one of the world’s leaders in helping drive that change. We combine our strength in technology and leadership in cloud, data, and AI with unparalleled industry experience, functional expertise, and global distribution capabilities. We uniquely offer a wide range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, enabling you to drive tangible results. These capabilities, along with our culture of shared success and 360-degree value creation commitment, enable us to help our clients reinvent and build trusted and lasting relationships. Our success is measured by the 360-degree value we create for our clients, each other, our shareholders, partners and communities. Visit www.accenture.com.
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Source CTIA
