Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    PM Modi and Meloni spotlight deepening India-Italy ties

    May 21, 2026

    UAE and Germany review strategic ties in Berlin

    May 21, 2026

    South Korea launches $665.5 million industrial growth fund

    May 20, 2026
    Facebook X (Twitter) Instagram
    Trending
    • PM Modi and Meloni spotlight deepening India-Italy ties
    • UAE and Germany review strategic ties in Berlin
    • South Korea launches $665.5 million industrial growth fund
    • Etihad expands Paris route with double daily A380 flights
    • Japan and South Korea launch energy security framework
    • AP Technologies Acquires Blueacre Technology, Adding Nitinol and Precision Laser Processing to Its Catheter Platform
    • GME posts strongest trading week in two decades
    • Porsche reveals bespoke 911 GT3 RS in Macadamiametallic
    News KepriNews Kepri
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    News KepriNews Kepri
    Home » Embracing industry opportunities to maximize 5G business value
    PR Newswire

    Embracing industry opportunities to maximize 5G business value

    October 11, 2023
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

    DUBAI, UAE, Oct. 11, 2023 /PRNewswire/ — Huawei’s annual Global Mobile Broadband Forum (MBBF) kicked off in Dubai yesterday. The event began with a livestreamed discussion between Huawei’s Rotating Chairman Ken Hu, and the Director General of GSMA, Mats Granryd, about the current state of 5G development and future projections.

    “Technology is changing so fast, and new demands are evolving every day,” said Hu. “So our networks need to keep evolving too. Our industry as a whole needs to get ready for the future and maximize the value of investments in 5G – and that’s why we’re working so hard on 5G-Advanced.”

    Huawei’s Ken Hu and GSMA’s Mats Granryd discussing 5G at MBBF 2023 in Dubai

    5G has progressed by leaps and bounds

    Both Hu and Granryd agreed that 5G has seen remarkable progress in network deployment, adoption, consumer services, and industry applications. To date, more than 260 5G networks have been deployed worldwide, covering nearly half of the world’s population. 5G is the fastest growing mobile technology ever, having reached one billion connections only three years after its launch. By comparison, it took 4G six years to reach the same milestone.

    According to Hu, 5G has become a new growth engine for mobile operators in the consumer market. For leading mobile operators around the world, 5G now accounts for the majority of network traffic. In particular, video-based applications are changing consumption habits, driving a three- to five-fold increase in network traffic and 10%–25% average increase in ARPU.

    5G has also helped mobile communications networks expand into the vertical industry market – one of its biggest differences with 4G. Currently, there are more than 50,000 industrial 5G applications worldwide, and more than 10 million 5G connections in industrial settings.

    “Over the past four years, we’ve identified key scenarios for industrial applications, like remote control, video backhaul, machine vision, and positioning, where we can maximize the value of 5G,” Hu continued. “We have also identified industries like mining, ports, and manufacturing where we can scale up 5G capabilities.”

    Granryd remarked, “5G is driving digital transformation across industries and opening up enormous opportunities. In 2030, 5G will add US$1 trillion to global economy, with benefits spreading across all industries.”

    New capabilities, models, and ecosystems: Unleashing the full potential of 5G

    Speaking on next steps for 5G, Hu mentioned several key consumer-facing initiatives that can help mobile operators achieve ongoing business success. These include continuously expanding network coverage, enhancing user experience, and exploring more flexible pricing models.

    As for the B2B market, Hu suggested that the industry should leverage proven 5G applications to drive 5G adoption at scale across more industries. Throughout this process, mobile operators can better position themselves to seize new opportunities in industry digitalization by strengthening their capabilities in cloud, industrial application development, and end-to-end system integration.

    “Looking forward, we have lots of work to do,” said Hu. “We need to enhance our capabilities, evolve the technology, create better user experience, scale up in industry, and maximize the value of our investment on 5G.”

    To help further enrich the 5G application ecosystem, GSMA has proposed the Open Gateway initiative as a way to support cross-industry innovation. Open Gateway is a framework of common APIs that will bring universal access to operator network capabilities, allowing developers and cloud service providers to improve and create new digital services.

    “Now we have roughly 240 mobile operators signed up, representing more than 62% of the world’s mobile subscribers,” said Granryd. “Open Gateway is a way for developers, hyperscalers, and others to more effectively use the capabilities of networks, and create common APIs that we can share across the whole operator community. It’s like what we did with roaming back in the 2G era, but for APIs. It’s very, very exciting.”

    “We need to activate the ecosystem,” agreed Hu. “Particularly application developers. Open Gateway is a great way to help developers make full use of networks, creating greater development opportunities for 5G in both the consumer and industry digitalization markets.”

    The Global Mobile Broadband Forum 2023 is hosted by Huawei, together with its industry partners GSMA, GTI, and SAMENA. Held on October 10 and 11 in Dubai, UAE, this annual forum gathers mobile network carriers, vertical industry leaders, and ecosystem partners from around the world to explore the success of 5G commercialization and accelerate the commercial use of 5.5G. For more information, please visit: https://www.huawei.com/en/events/mbbf2023.

    Photo – https://mma.prnewswire.com/media/2244170/Huawei_s_Ken_Hu_GSMA_s_Mats_Granryd_discussing_5G_MBBF_2023.jpg

    Cision View original content:https://www.prnewswire.co.uk/news-releases/embracing-industry-opportunities-to-maximize-5g-business-value-301953356.html

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Jiangsu University Hosts a Decade of Scientific Innovation and International Recognition for Egyptian Scientist Sameh Samir Ali

    May 16, 2026

    SOUEAST Makes Debut at Auto China 2026,Co-building the Global “Travel+” Ecosystem

    April 26, 2026

    ‘SOMEBODY TOLD ME’ THE KILLERS ARE HEADLINING THE UEFA CHAMPIONS LEAGUE FINAL KICK OFF SHOW PRESENTED BY PEPSI®

    March 26, 2026
    Latest News
    News

    PM Modi and Meloni spotlight deepening India-Italy ties

    May 21, 2026

    PM Modi and Meloni highlight a Special Strategic Partnership as India and Italy expand cooperation in innovation, technology and diplomacy.

    UAE and Germany review strategic ties in Berlin

    May 21, 2026

    South Korea launches $665.5 million industrial growth fund

    May 20, 2026

    Etihad expands Paris route with double daily A380 flights

    May 20, 2026

    Japan and South Korea launch energy security framework

    May 20, 2026

    GME posts strongest trading week in two decades

    May 19, 2026

    Porsche reveals bespoke 911 GT3 RS in Macadamiametallic

    May 18, 2026
    © 2026 News Kepri | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.