Research commissioned by World Wide Technology (WWT) has uncovered the leading five sectors for 5G investments.
Investors are excited about 5G and its potential returns. Among the investors surveyed for the research, 92 percent are either invested – or plan to invest – in companies that depend on 5G.
In declining order, the top five sectors identified for 5G investments are:
- Cloud computing (identified by 72% of VCs and investors)
- Smart mobility (70%)
- Media and entertainment (56%)
- Gaming (44%)
- AR/VR (42%)
Victor Holmin, Director of Discovery and Innovation at WWT, said:
“Now is the time to invest in the foundational technologies of 5G. Our research has clearly shown that there is clear excitement in 5G among investors—and that these five sectors, in particular, are ripe for growth.
Each of these sectors will require high-speed, secure infrastructure with significant processing capability at the edge of the network in order to thrive.”
Two other notable sectors for 5G investments are Supply Chain (33%) and Healthcare (24%).
Investors are bullish on the prospects of service operators as providers of 5G connectivity and solutions.
“Service providers need to make the investment in foundational technologies, such as edge, and look to build a platform that will enable them to deploy services which can build the promise of 5G into a reality,” added Holmin.
Overall, investors expect good returns on their investments. 76 percent of the respondents predict they’ll see an “above average” return on their 5G investments within the next 6-10 years.
The funds represented by the study’s respondents will spend $59 billion on 5G this year. Within five years, they expect that to grow to $94 billion.
(Photo by Towfiqu barbhuiya on Unsplash)
Want to learn more about 5G and the opportunities it presents from industry leaders? Check out 5G Expo. The next events in the series will be held in Santa Clara on 11-12 May 2022, Amsterdam on 20-21 September 2022, and London on 1-2 December 2022.
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