Scaling up your business with 5G – Use cases to shape your journey to 5G success
The 5G era is upon us, with deployments happening in many parts of the world.
Some of the technical questions around 5G have been answered and more devices are becoming available. But many mobile operators are still asking questions about how their customers will benefit from 5G, what opportunities they can address and how to use 5G to increase revenues.
Many articles describe the amazing potential of 5G and the types of services and applications it will support – everything from robotic surgery to autonomous driving. But these applications are headline grabbers. They don’t necessarily answer fundamental questions about what is realistic or achievable and makes business sense. The list of use cases grows every day, and it’s becoming more challenging to pick out the leaders and potential winners.
On top of that, the network is evolving as standards are completed. 4G is still playing a big role as 5G is added and it will continue to do so until mobile operators move to new architectures like Nokia’s 5G Future X, that unleashes the full potential of 5G with ultra-low latency and high reliability to support new types of services. Mobile operators will then be able to combine network slicing with automation to accelerate service creation, scale up their businesses and address all of their customers’ needs.
To ensure success with your 5G deployment, you need a clear and simple view of how your network and business can evolve. We have analyzed hundreds of 5G use cases to understand what capabilities are required, what types of services or applications they can support and what the potential markets are for different services.
- Video surveillance and analytics
- Fixed Wireless Access
- Immersive experiences
- Smart stadiums
- Machine remote control
- Cloud robotics and process automation
- Assisted and autonomous vehicles
We then looked at the different network requirements for each use case and how these requirements align with the evolution of 5G standards from 3GPP Rel 15 to Rel16.
Based on this analysis, we can provide guidance that will help you develop your short- to medium-term plans for 5G. For example, we can show you how starting with existing and new services on LTE and scaling up to 5G will allow you to serve more instances per subscriber. From there, you can shift your focus to increasing your subscriber base by addressing new markets. This will help you scale up your entire business and the monetizable opportunities it can address.
Our approach provides you with a clear understanding of how to engage the market and monetize the investment you are making in your network.
Nokia already has a range of 5G proof points. We have 42 commercial 5G contracts to date and 100 ongoing engagements in 5G with mobile operators around the world. See our 5G solutions in action.
We also have business planning tools that can help you identify the costs and revenue upside of 5G. Learn how we can take the guesswork out of your 5G plans.
Whatever your plans for 5G, don’t wait. It’s closer than you think, and the opportunity is there for the taking.
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