Market opportunities for 5G, IoT and edge compute
There is an increasingly important link between 5G, IoT and edge compute, with each having implications for the success of the other, says Guy Matthews, editor of NetReporter. So believes Jeremiah Caron, global head of research & analysis with the Technology Group of independent analyst firm GlobalData.
“IoT has been around for a while now, enabled by existing networking technologies,” he explains. “But now there are a number of different elements coming into play on the network side, and also on the compute side. We have analytics and AI entering the mix. It all means that IoT is complemented by new solutions such as 5G network services and edge computing capabilities, together driving a more highly automated, cleaner, safer, and more productive industrial and business world. We’re on the cusp of something faster, more real-time, more embedded into all business processes.”
After a bumpy start for 5G, Caron thinks that momentum is picking up, with work ongoing in the area of standards, as well as with auctions around the world for spectrum: “The next standard from the 3GPP is going to be 5G-Advanced, which will take things to the next level, to that place that we’ve been talking about for four years on the enterprise side,” he says. “And there’s been a lot of effort on private 5G networking to match.”