UK 5G Industry Trends and Insights 2023

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5G is balanced to revolutionize the way we communicate and access information. This new technology promises faster speeds, lower latency, and greater capacity than previous generations of cellular networks. With 5G, we will be able to enjoy seamless connectivity, even in crowded areas, and experience new applications such as augmented and virtual reality, autonomous vehicles, and IoT devices. By embracing 5G, we can unlock its full potential and realize the benefits of a more connected world.

5G Is The Key Trend In The UK Mobile Industry Right Now:

5G’s enhanced functionalities in domains such as robotics, IoT, and AR/VR are expected to create new business opportunities and contribute to the UK’s major economic growth. All four major operators are now offering 5G services in parts of the UK, and the number of 5G subscribers is expected to grow rapidly in the coming years.

The rise of mobile video streaming is another major trend:

 Video streaming now accounts for the majority of mobile data usage, and this trend is expected to continue.

  1. The  global market for live streaming witnessed significant growth, increasing from $1.24 billion in 2022 to $1.49 billion in 2023, with a compound annual growth rate (CAGR) of 20.6%. The market is expected to continue its upward trajectory, reaching $3.21 billion in 2027, with a CAGR of 21.2%. Thanks to the Research and Markets journal.
  2. In the second quarter of 2023, mobile phones were used to browse the internet for 57% of the time by internet users worldwide. This indicates an increase in comparison to the second quarter of 2022, where global internet users spent approximately 55% of their online time accessing the internet via mobiles. Thanks to Statista.
  3.  According to recent statistics, in the second quarter of 2023, the average time spent by internet users online was six hours and 41 minutes per day. This is a slight increase of 0.15% from the previous quarter. Thanks to Statista.
  4.  Did you know that live streaming makes up a whopping 23% of global viewing time? That’s right! According to Conviva, people just can’t get enough of the excitement and immediacy that live streaming has to offer. Thanks to Conviva.
  5. Did you know that over 40% of internet users worldwide have witnessed a live stream? That’s right! It’s clear that live streaming has become a popular way for people to stay connected and engaged in today’s digital age.

The government UK Mobile Industry News:

The UK government is committed to supporting the rollout of 5G and other mobile technologies!

Ofcom publishes new data on mobile data usage in the UK:

 The data shows that mobile data usage increased by 12% in the year to March 2023, with the average user now using 4.5GB of data per month. The data also shows that video streaming is the most popular use of mobile data, accounting for 58% of all traffic.

The UK government announces plans to invest £1 billion in 5G infrastructure:

 The investment will be utilized to assist operators in building their 5G networks and developing new 5G applications and services. The UK government has emphasized the importance of 5G for the country’s economic growth, and this investment will boost the UK’s position as a leader in 5G technology.

The GSMA published a new report on the impact of 5G on the global economy:

 The report predicts that 5G will generate $3.5 trillion in global economic output by 2030. The report also says that 5G will create 22 million new jobs globally.

The UK government launched a new consultation on the future of mobile regulation:

 The consultation is seeking views on how to ensure that the mobile industry remains competitive and innovative

The growth of eSIMs:

 Have you heard of eSIMs? They’re the latest innovation in SIM card technology that can be remotely programmed. No more fussing with physical SIM cards! This means that users will not need to physically swap SIM cards when switching networks. eSIMs are still in their early stages of adoption, but they are expected to become more popular in the coming years.

 

The rise of mobile edge computing (MEC):

 MEC is a new type of computing architecture that brings computing resources closer to the end user. This can reduce latency and improve performance for applications such as augmented reality (AR), virtual reality (VR), and self-driving cars. MEC is still in its early stages of development, but it is expected to have a significant impact on the UK mobile industry in the coming years.

The Growing demand for AI and ML:

Zoiko_Mobile_AI_ML

As the world becomes more technologically advanced, the use of artificial intelligence (AI) and machine learning (ML) is rapidly gaining ground. These innovative technologies are revolutionizing the way we live, work, and interact, and are poised to shape the future of our society in profound and exciting ways. With their increasing adoption, we can expect to see even more breakthroughs and advancements that will help us tackle some of the world’s greatest challenges, from healthcare to climate change and beyond.

Mobile operators are increasingly relying on artificial intelligence (AI) and machine learning (ML) to enhance their network performance, reduce costs, and create new services. One of the main ways in which AI and ML are used is to predict network traffic and optimize resource usage, leadin

As the world becomes more technologically advanced, the use of artificial intelligence (AI) and machine learning (ML) is rapidly gaining ground. These innovative technologies are revolutionizing the way we live, work, and interact, and are poised to shape the future of our society in profound and exciting ways. With their increasing adoption, we can expect to see even more breakthroughs and advancements that will help us tackle some of the world’s greatest challenges, from healthcare to climate change and beyond

The growing importance of cybersecurity:

 Cybersecurity is becoming increasingly important for the UK mobile industry as more and more data is being transmitted over mobile networks. Mobile operators are investing heavily in cybersecurity measures to protect their customers from cyberattacks.

Insights:

The UK mobile industry is becoming increasingly competitive:

 The four major operators are all competing to offer the best possible services to their customers. This competition is driving innovation and reducing prices.

The UK mobile industry is playing an increasingly important role in the economy:

The mobile industry contributes billions of pounds to the UK economy each year and supports thousands of jobs.

The UK mobile industry is at the forefront of technological innovation:

 The UK is one of the leading countries in the world in terms of 5G adoption. UK mobile operators are also working on developing new technologies such as eSIMs and MEC.

 

Realizing the Benefits of 5G:

  The potential of 5G is immense, especially for enterprises, as the new features of 5G have been designed specifically for industrial applications. These features include low latency, virtualised RAN, multi-access edge computing, and network slicing. 

Additionally, 5G is an enabler for other domains such as robotics, IoT, and AR/VR. The enhanced capabilities of 5G are expected to create new business opportunities, and new avenues of supply and demand for 5G services, thereby contributing significantly to the UK’s economic growth. 

The advanced functionalities of 5G are expected to open new and improved use cases, such as virtual or augmented reality, ultra-high definition (UHD) video, robotics, connected autonomous vehicles, drones, remote machine manipulation, sensor networks, high-speed broadband, smart tracking, and IoT. It is predicted that the media and entertainment industry, as well as industrial IoT, will be among the key early adopters of 5G.

Economic benefits

Businesses can benefit from 5G technology in two main ways; increased productivity and GDP growth, or cost reduction. These benefits can be achieved through a variety of mechanisms, such as reducing factory downtime, improving manufacturing productivity rates, increasing energy efficiency, and decreasing waste. Additionally, 5G can create new business models and launch new products or services, providing further economic advantages.

Social benefits

The benefits of 5G technology are vast and varied. These include time savings through increased productivity in housekeeping and reduced travel times. Additionally, numerous use cases demonstrate the potential for increased life expectancy, improved public safety, better health, reduced loneliness, and overall improvements in self-assessed quality of life and life satisfaction metrics.

Standalone Networks:

The availability and implementation of future functionalities for 3GPP will depend on demand and cost and may be sporadic. Until now, MNOs have only deployed non-standalone 5G networks. However, standalone networks are crucial as they operate independently of 4G and allow operators to provide more customized solutions. Many new features and functionalities will depend on the standalone networks covered by the Zoiko eSIM card. The pace of the transition to standalone networks will determine when more advanced 5G applications become available.

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Environmental benefits

 Efficiency gains in transport activities and energy consumption can lead to positive environmental impacts. This includes reducing traffic congestion and greenhouse gas emissions, lowering energy consumption and decreasing the use of natural resources like water.

The expansion of 5G networks is being done based on population density to cater to a diverse range of users and requirements. The government’s 5G Testbeds and Trials program is supporting this expansion by speeding up the roll-out and use of 5G, along with the recent widening of the spectrum available for 5G. However, it takes time to integrate new 3GPP-based features into networks and devices.

 

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