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May 21, 2021
451 Research called 5G "the most impactful and difficult network upgrade ever faced by the telecom industry", and with good reason. While the move from 3G to 4G was essentially linear, 5G is more of a reimagining of the cellular network. The changes are massive, but pale in comparison to the potential impact of fully realized 5G networks. According to IHS Markit, 5G is expected to generate some $12.3 trillion in annual revenue by 2035.
That 451 Research study, commissioned by Vertiv™, suggested a rush toward widespread 5G deployment shouldn't be a surprise. According to the survey, a whopping 86% of telecom operators expect to be delivering 5G services by 2021. And yet, almost two-thirds of those surveyed say they are still in the process of building out operational plans to support 5G.