globalEDGE Blog Podcast

5th Generation Mobile Network: When and where will we see profits?


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Telecommunications companies worldwide have invested hundreds of billions into the development of 5G expecting to recoup that investment with further benefits. However, this process has taken longer than expected and has brought a dilemma on what to do next. These large companies, including Alphabet, Amazon, and Microsoft, are hoping that high-tech industries will depend on this new development that will allow them to make a profit. 5G market revenue forecasts worldwide predict that revenues will reach $58.8 billion this year and $1.69 trillion by 2030. Will these predictions hold or will have these telecommunications companies invest in a losing project?
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globalEDGE Blog PodcastBy globalEDGE