In 2030, Manufacturing and Industrial Facilities Will Have Over 49 Million 5G Connections, Generating US$2.4 Billion in Connections Revenue for Suppliers
NEW YORK, Aug. 18, 2022 /PRNewswire/ -- Network upgrades can underpin the efforts of manufacturers to automate quality assurance (QA) processes, deploy Autonomous Mobile Robots (AMRs) inside the facility, and upskill employees with the use of Augmented Reality. Lower latency and support for Time-Sensitive Networking (TSN) afforded by a 5G network can further enable wireless process automation for robotics use cases and increase bandwidth support for data-heavy applications, such as video analytics. According to new research from global technology intelligence firm ABI Research, in 2030, manufacturing and industrial firms worldwide will have more than 49 million 5G connections inside their facilities, which will generate US$2.4 billion in global connections revenue for suppliers.
- According to new research from global technology intelligence firm ABI Research, in 2030, manufacturing and industrial firms worldwide will have more than 49 million 5G connections inside their facilities, which will generate US$2.4 billion in global connections revenue for suppliers.
- "Progressive advancements to network performance (from Wi-Fi to Long Term Evolution (LTE), and from LTE to 5G) can underpin improvements to customers' operations.
- Suppliers need to showcase the attributes of a 5G network and prove how a 5G network can upgrade operations.
- This report is part of the company's Industrial and Manufacturing research service, which includes research, data, and ABI Insights.