Huawei’s bold vision of a 5G-powered future

5G is the fastest-growing mobile technology globally, but there is still a lot of room to maximise its vast potential.
This is according to Huawei’s Rotating Chairman, Ken Hu, who was speaking at Huawei’s 13th Global Mobile Broadband Forum.
“5G is in the fast lane and we should all be proud of the progress we’ve made,” said Hu.
“But there’s more we can do to maximise its value. We need to work together to fully unleash the power of 5G networks.”
Huawei believes that 5G applications will become the fastest-growing revenue stream for mobile carriers, as the technology is already unlocking huge growth opportunities for telecommunications companies through new service scenarios, applications, and business models.
For example: Chinese mobile carriers have brought in over $500 million in new revenue from their 3,000+ 5G projects – and these projects have generated 10-times this amount from related data and integrated ICT services.
James Chen, President of Huawei Carrier BG’s Global Sales Department, added in his keynote that there are big opportunities in three major areas:
- User experience – Carriers can generate more revenue by shifting from traffic-based packages to those based on speed, latency, and uplink experience.
- IoT – This rapidly-growing industry is expected to have 100 billion connections and is supported by 5G connectivity.
- Industrial digitalisation – High-quality 5G connections allow carriers to expand into the B2B market and diversify their service portfolios.
“5G is changing the mobile landscape, but this is just the beginning,” said Chen.
“Together, we can make 5G a commercial success.”
Consumer benefits
5G also offers tremendous potential to everyday technology users through experiences like extended reality (XR), cloud gaming, and enriched calling services.
In fact, research shows that new mobile applications designed to take advantage of 5G’s greater speeds and lower latency have doubled their average user data consumption and are increasing their average revenue per user by up to 40%.
In China, carriers have optimised their 5G networks for popular video services like TikTok. This has reduced input delay by 50% and frame freeze by 90% – quality-of-life improvements that are attracting new users to the service.
This shows that users are enjoying the benefits of 5G, and suggests there is still scope to provide these users with an even better experience.
Bright future
Hu concluded by explaining that the global ICT ecosystem needs to work together to make the most of 5G technology.
“If we work together, we can drive leapfrog development in 5G networks, applications, and the industry as a whole,” said Hu.
Events like the Global Mobile Broadband Forum are crucial to achieving these goals and show Huawei’s commitment to improving the global ICT ecosystem.
Learn more about Global Mobile Broadband Forum 2022.