The launch of 5G-enabled technologies is expected to be transformative in the telco and other industries by unlocking various disruptive new technologies. Global investment in the 5G industrial chain over 2020-2035 is likely to reach US$ 3.5 trillion. Telecom Service Providers (TSPs), the TMT ecosystem and the consumer community at large at the vast opportunities 5G will bring. Simply put, 5G is expected to be significantly smarter, faster and efficient compared to its legacy 3G and 4G predecessors. For instance, it holds a promise of 100 times more speed relative to 4G networks. The possibilities, with a network like this, are unfathomable.
India is keen to board the 5G bus sooner than later. The task before India’s policy makers will be ensure that the advantages of the telecom infrastructure and related technologies supports its divergent demography, economic conditions and urbanisation. Key areas to focus will include:
- Reasonable spectrum pricing and swift allocation of spectrum
- Policy framework enabling extensive fiberisation and incentivisation to share fiber networks
- Push for “Make in India” manufacturing for 5G equipment and handsets
- Tailor made 5G use cases and applications enabled through active trials
- Indigenous technology advancements through R&D, and IPR development for standards, technology, spectrum, and security
- Public-private partnerships for broadband growth and penetration, 5G trials and testing, network densification among others.
The Government is very keen to jumpstart the 5G Commercial launch in India and enhance the national broadband footprint. Supported by the existing talent across the TMT industry, India has the opportunity to mature its ICT portfolio and unlock mega monetization opportunities.
Israel’s technology innovation sector attracts billions of dollars a year in foreign investment for all the accolades, however, the country’s rollout of 5G telecommunications infrastructure is far from the cutting edge. Israel the arrival of 5G is paving the way for an increasingly connected world, with digital solutions infiltrating almost every aspect of daily life.
Relevant companies, interested to learn more on Israel innovative technology in 5G solutions are invited to contact the Trade and Economic Department at the Israeli Consulate General in Bengaluru.
For further queries:
contact: Kavitha Saravanan, Trade Officer, Trade and Economic Mission
Tel: +91-80-49406515. firstname.lastname@example.org
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