Thursday, October 3, 2019

Findings shows that 5G technology helps boosts network service provider revenue in Thailand

Revealing 5G has helped increase the annual revenue of telecommunications service providers in Thailand by more than 1 billion dollars or over 34,000 million baht. Thailand is preparing to launch 5G services in 2021,

the latest study from a global management consulting firm A. T. Kearne under the assignment from Cisco The global technology leader suggests that the launch of 5G services will increase the annual revenue of telecommunications service providers in Thailand by up to 1.1 billion dollars (or over 34,000 million baht) by 2025, with 5G to support connectivity 50 times faster, with 10 times faster response time and less connection power compared to 4G, which is considered as three important features: Fast data transfer Low delay And low power connections

High speed, low delay And improved connections Is a key factor that helps telecom service providers provide ultra fast internet connection Can support high definition video streaming Cloud gaming And offering interactive content powered by Augmented Reality and Virtual Reality (AR / VR) to consumers. It also helps push 5G applications in more advanced ways, such as Smart City, Industry 4.0, large IoT (Internet of Things) networks and more, all of which will help providers Telecommunications services can increase revenue from both consumers and corporate customers.

For Thailand, it will be one of the few countries that will launch the 5G service in 2021. It is expected that the first phase of growth after the deployment of 5G technology will come from high-end customers with supported devices. And the customer base will gradually Expansion as the price of supported devices decreases. For this reason, it is expected that the proportion of 5G usage will be around 25 to 40 percent in major countries. In the ASEAN region by 2025 in Thailand The proportion of 5G usage will reach 33 percent and the total number of 5G customers in ASEAN will exceed 200 million by 2025.

Mr Nawon Menon, ASEAN regional president at Cisco, said it was a good time to launch 5G services for telecommunications service providers. Because the data transmission on the cellular system is growing rapidly Because users have used services and content On a growing number of personal devices. At the same time, organizations are looking for ways to take advantage of the 4IR - Fourth Industrial Revolution powered by AI, IoT, 3D printing, advanced robotics. high And wearables To drive business growth The deployment of these technologies will be successful, requiring efficient connections. Which is a great opportunity for telecommunications service providers to expand their business base in the corporate market. And create long-term sustainable growth

Watson Thiraphatphong, managing director of Cisco in Thailand and Indochina, said: Businesses all over Thailand Especially in key sectors such as the manufacturing sector are looking for 4IR technology. The launch of 5G services in the next few years will accelerate the deployment of technology. And bring enormous benefits to large business organizations At the same time, consumers are still waiting for the 5G launch to improve the experience of using content on their personal devices. Both trends will play an important role in promoting Thailand's economic growth in the next few years. Telecommunications service providers are preparing to launch 5G services, with a potential investment of approximately $ 10,000 million (300,000 million baht) to develop 5G infrastructure in ASEAN by 2025.

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