Page 75 - SAMENA Trends - March 2020
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ARTICLE SAMENA TRENDS
ARTICLE
Stimulating Industries + 5G in the Middle East Today
The power of 5G could bring the value of
ultra-low latency, high bandwidth, and
real-time communications, even combined
with other capabilities like AI and Cloud, 5G
will help make the campus more intelligent,
more effective, and more secure, to assure
a higher quality of deterministic networking
experiences.
There’s enormous excitement for how 5G networks are now
being trialed and deployed across the Middle East region—and
for good reason. While the roll-out of 5G telecom networks has
caught many of the recent headlines, we’re now entering a critical
inflection point of not just having 5G capabilities, but actually
leveraging that massive potential for economic transformation.
In a world where we are seeing economic uncertainty and
slowdown, 5G provides great opportunities to transform industries.
New 5G technologies are set to create an extra USD$1.4 trillion in
GDP for worldwide economies over the next decade, according to
a recent report by Huawei and STL Partners . By 2025, we further An Jian
1
estimate that the market value of 5G consumer services will President of Carrier Networks Business Group
increase to USD$238 billion, and over the same period the value
of 5G industry digital transformation will exceed USD$600 billion . Huawei Middle East
2
Establishing Common Ground
To truly realize the digital transformation of all industries, 5G is
the essential element for market pioneers, and those of us in the
ICT field must be working off the same playbook.
We already know that Release 16 will be 5G “phase 2" and will
be completed in June 2020. This focuses on vertical industry
applications and equips people with a common understanding of
a network with deterministic capabilities – those that will propel
the concept of “Industries +5G” on a global scale.
We are encouraged to see that in the Middle East, 5G is already
being leveraged by industries at a significant pace. During the
Chinese Spring Festival Celebration 2020 in Dubai, for example,
the two major carriers in the UAE teamed up with Huawei and
75 MARCH 2020