BASINGSTOKE, England, Nov 30 (Bernama-BUSINESS WIRE) — A new study from Juniper Research has found revenue generated from 5G services will reach $600 billion by 2026; representing 77% of global operator-billed revenue. It found adoption of 5G services across consumer and IoT sectors has been driven by a strong uptake of 5G-capable devices, coupled with attractive 5G subscription pricing models, despite the semiconductor crisis caused by the COVID-19 pandemic.
The new research, Operator Revenue Strategies: Challenges, Opportunities & Market Forecasts 2021‑2026, urges operators to leverage their 5G networks and high levels of virtualisation to develop new IP‑based services that generate additional revenue streams. It identified emerging 5G-based consumer devices, such as laptops and mobile routers, as a key area of focus for operators over the next few years.