Attributed to Catalytics Datum
With the advent of the new telecom spectrum 5G, the entire world is brimming with excitement as, according to GSMA, 5G depending on the service provider and underlying application can offer up to 20 times faster transmission speed as compared to 4G network. Moreover, stunningly there can be >1 GBPS Bandwidth from a 5G Network and on an average 300 MBPS speed which is quite high as compared to a 25 MBPS of average internet speed in case of 4G Network.
According to the GSMA Mobile Economy study (1), ‘By 2025, the total number of 5G network subscribers in the MENA region will be around 58 Million’, which is over 30% of the entire population in the region. The Middle East & North Africa (MENA) region is at the forefront of the Global 5G rollout fueled by a lot of private and public funding along with a tremendous dose of innovation by global Telecom Equipment Vendors (TEV) like Ericsson, Huawei, ASML, etc. In 5G Rollout for the regions of GCC countries, mainly Kingdom of Saudi Arabia, UAE, Bahrain & Kuwait are leading while other non-GCC countries like Jordan, Tunisia, Morocco & Egypt are speeding up the adaptation post-Covid-19 Pandemic in 2020.
This stunningly fast 5G rollout will be expensive but will enable new revenue streams for enterprises and operators alike. The Telecom Operators will potentially see revenue increase up to USD 46 Billion by this decade if effectively they are able to roll-out 5G, meanwhile, over USD 12 trillion worth of commercial activities are expected to be generated the industry driven by 5G technology.
With massive volume of data flowing in a very small coverage & astronomically fast, needs what we traditionally called as Big Data, Data Science & AI:
So it’s not all about funding and on-ground implementation of hardware, infrastructure & manpower; it’s overall a big planning & evaluation to begin with and maintain too. Thus, we foresee a huge scope in front of telecom operators in MENA region to adopt Data & Insights driven culture to effectively take benefit of 5G revolution. Pioneering 5G adaptation, one of the fastest in the world coupled with a strong 4G network base, the MENA region will be at the forefront of global Telecom & Communication Services revolution.