The COVID-19 pandemic has accelerated interest in 5G, according to a new study.
EY Reimagining Industry Futures Study 2021 found almost three-quarters of enterprises (71%) believe that the crisis has accelerated digital transformation plans.
The study found 74% of organization respondents across a range of sectors believe 5G will represent an opportunity to reinvent their processes over the next five years.
Asia-Pacific enterprises are further ahead than the Americas and Europe in terms of investment in 5G, according to a new study.
But European organisations are lagging compared with the other regions in their recognition of 5G’s potential.
The region is lagging behind other markets due to a lack of clear and established cost benefits, Wang says. If the status quo remains unchanged, and enterprises are unable to leverage 5G as a key enabling technology, delays can be expected, he says.
Asia-Pacific enterprises are further ahead than the Americas and Europe in terms of investment in 5G, according to a new study.
But European organisations are lagging compared with the other regions in recognizing 5G’s potential.
Sixty-four percent of enterprise respondents reported that they are struggling to identify the right kind of vendor to address their 5G strategy.
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