Ericsson displayed first live fifth generation telecom services in Mumbai using its 5G test bed and 5G NR Radio. It demonstrated extremely high throughput and ultra-low latency. The communication equipment manufacturer revealed their test bed to achieve a maximum data transmission speed of 5.75Gbps. The government wants to launch 5G by 2020.
In an event, the company displayed a host of their products availing the benefits of 5G connectivity. In their live demonstration, the displayed essential technologies on the road to 5G like Gigabit LTE (1 GBPS download speeds) with License Assisted Access (LAA) technology.
The LAA live demo highlighted the technology ability to leverage wireless network resources using higher frequency bands on a small cell architecture. Other technology innovations presented in the showcased included advancements in Radio Network Evolution, 5G Ready Transport, and Network Slicing.
According to the information, 5G will enable a $27 billion revenue opportunity for Indian telecom operators by 2026. The largest opportunity will be seen in sectors like producing, energy and utilities followed by public safety and health sectors. This will be over and above the revenue generated from traditional services which are expected to grow up to $63 billion by 2026.
Agriculture will open-up revenue opportunities up to $400 million for telecom operators. The application of 5G will be in areas like field monitoring and mapping, livestock routing and monitoring, on field applications, and related services. The retail sector in India will provide potential 5G enabled revenue of up to $ 1.15 billion by 2026. it can help in revolutionizing customer experience and increase operational efficiencies within retail segment.
The company said that when it comes to the development of the communications section from the faster 5G technology, more and more consumers will find favor with the faster 5G network. The company estimates that the mobile data traffic in India will grow by 11 times by 2023. They reckon that the monthly data usage per smartphone (GB/month) in India will expand 5 times from 3.9 GB in 2017 to 18GB by 2023. the total mobile subscriptions in the country as per the report stood at 1.185 billion in Q3 2017.
The report also informs that by 2023, LTE will be the most dominant telecom technology usual in India. It will report for more than 60 percent of the total subscriptions in the country by 2023 contrast to the 12 percent LTE subscriptions in 2017. The report reckons that there will be around 800 million VoLTE subscribers in India by 2023, growing at a CAGR of 42.5 percent between 2017 and 2023.