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2018 Brooklyn 5G Summit Recap: Industry Paints a More Realistic 5G Vision

2018 Brooklyn 5G Summit Recap: Industry Paints a More Realistic 5G Vision

This IDC Market Note discusses key takeaways from the 2018 Brooklyn 5G Summit, jointly organized by Nokia and NYU's Tandon School of Engineering. The Brooklyn 5G Summit has established itself as a leading 5G sounding board, with broad representation from the expanding 5G ecosystem (e.g., service providers, suppliers, chip makers, academia, and research). This year's event highlighted the differing strategies service providers will take on their 5G journeys (e.g., low-, mid-, and high-band services) and how it is imperative that lessons learned from previous mobile generations, which include working with regulatory and standards groups more efficiently, are applied to enable service providers to accelerate 5G timelines."The telecom industry is eager to move from trials to commercial 5G, as it will be a new way for them to differentiate and pursue revenue growth. While 5G FWA rollouts will commence in late 2018, the greatest business value 5G will unlock will be with industry verticals, as 5G will eventually be able to address a range of connectivity (e.g., massive IoT) and digital enablement use cases that previous mobile generations are ill-equipped to support," says Patrick Filkins, senior research analyst, IoT and Mobile Network Infrastructure.

Please Note: Extended description available upon request.

Executive Snapshot
In This Market Note
IDC's Point of View
5G Service Providers Will Need to Look Past the Consumer Market to Find New Business Value
Stakeholders Are Driving an Aggressive 3GPP Standards Timeline
Regulatory Bodies May Need to Step Outside Their Comfort Zone, As the Telecom Industry Explores New Ways to Make Use of Spectrum
Industry Remains Conflicted About 5G Definition
A Closer Examination of 5G Use Cases
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