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More than 1 billion people will have access to 5G coverage by the end of 2020
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Harnessing the 5G Consumer Potential report talks about digital services opportunities Wojciech Bajda Image Credit: Supplied
What kind of 5G-enabled consumer revenues can service providers generate by 2025 and 2030?
The 5G consumer market could be worth USD 31 trillion by 2030 globally, according to the new Harnessing the 5G Consumer Potential report from Ericsson ConsumerLab. The report estimates that communications service providers (CSPs) could earn USD 3.7 trillion of that total – a figure that could increase further as new adjacent digital services opportunities arise. In the Mena region, around 30 percent of mobile subscriptions are estimated to be for LTE at the end of 2020. The region is anticipated to evolve over the forecast period, and by 2026, almost 80 percent of subscriptions are expected to be for mobile broadband, with LTE as the dominant technology with more than 50 percent of the subscriptions.
reporter: the home of ancient civilizations steeped in century s old history, syria has long been close to the outside world. economists say it s also a sleeping economic join with the vast untapped potential. it is the largest population in lavarde. it has the potential, consumer potential. reporter: with a population ever more than 22 million people, it rivals that the saudi arabia, the largest economy with 26 million people. agricultural is part of syria s economy. along with tourism, real estate and industry. oil has also been a big part of the economic picture. it s the only country with significant oil and gas reserves in the lavant region, which includes lebanon and jordan. oil production has dwindled dramatically due to declining reserves down some 30% since