Asia-Pacific's 5G Digital Factory Revenue Primed for a Post-COVID-19 Recovery Worth US$60 Billion in 2030

Despite the COVID-19 outbreak, operators such as NTT Docomo did not have a delay in commercially launching 5G in March, and KT has seen an increase in ARPU with 5G subscribers reaching over 2 million in 2Q-2020. Telstra has also upgraded to a 5G Stand Alone (SA) core in May with Ericsson. ABI Research expects that by 2024, APAC will see 5G power 43% of the online video market and 51% of the mobile phone cloud gaming market. Despite the COVID-19 outbreak, operators such as NTT Docomo did not...

Despite the COVID-19 outbreak, operators such as NTT Docomo did not have a delay in commercially launching 5G in March, and KT has seen an increase in ARPU with 5G subscribers reaching over 2 million in 2Q-2020. Telstra has also upgraded to a 5G Stand Alone (SA) core in May with Ericsson. ABI Research expects that by 2024, APAC will see 5G power 43% of the online video market and 51% of the mobile phone cloud gaming market.

"We will definitely see new trends emerging for the 5G landscape in APAC because of COVID-19. said Jake Saunders, Vice President at ABI Research. In the short term we can expect to see consumer demand for 5G-enabled devices to slow down, as global demand and supply chains are disrupted and shrink. However, this will produce a counter effect in which 5G productions are diversified to protect against such supply-side shocks. We can also expect to see the acceleration in a 5G-led digital lifestyle, as development for 5G use cases such as remote healthcare, autonomous form factors and wireless factories becomes much more salient in light of protecting enterprises against future disruptions," Saunders concludes.

These findings are from ABI Research's The 5G APAC Market Post-COVID Application Analysis report. This report is part of the company's 5G & Mobile Network Infrastructure research service, which includes research, data, and Executive Foresights. Based on extensive primary interviews, Application Analysis reports present in-depth analysis of key market trends and factors for a specific application, which could focus on an individual market or geography.

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