5G is much expected to drive revenue growth 

After cloud gaming, now it is turn of 5G is much expected to drive the revenue growth. Multiplayer games have found a growing audience in India owing to its ability to foster community connects, enable socialisation, and build friendships online. High bandwidth and low latency of 5G networks will allow richer multiplayer gaming experiences across devices. Enhanced Mobile broadband and Fixed Wireless Access proving popular early use cases.

 
We are clearly witnessing the growth momentum of the Cloud gaming, enterprise and industrial deployments gaining a fast traction. The Indian gaming and esports sector has witnessed tremendous growth over the past few years, and there is no doubt that this growth will skyrocket even more in the years to come. 

Industry estimates predict that the number of online gaming users in India is poised to grow from 481 Mn in 2022 to over 657 Mn by 2025. At the same time, the Esports ad revenues are growing at around the same rate and will pass a quarter of a billion dollars in 2023.

 
At the same time, research from the Ericsson Mobility Report team provides encouraging evidence for communication service providers (CSPs) worldwide by identifying a correlation between 5G uptake and revenue growth. Flattening revenues have been a challenge for service providers in all parts of the world, often impacting network investment decisions as part of their business growth strategies, known as ‘monetization’ in the industry.

The report highlights a positive revenue growth trend since the beginning of 2020 in the top 20 - 5G markets - accounting for about 85 percent of all 5G subscriptions globally - that correlates with increasing 5G subscription penetration in these markets.
The expert outlines, the link between 5G uptake and revenue growth in the top 20 - 5G markets underlines that not only is 5G a game changer, but that early adopters will benefit from it. What is particularly encouraging about this is that while 5G is still at a relatively early phase, it is growing fast with proven early use cases and a clear path to medium and long-term use cases.

As expected, Enhanced Mobile Broadband is the main early use case for 5G, driven by increasing geographical coverage and differentiated offerings. More than one billion 5G subscriptions are currently active across some 230 live commercial networks globally. 
Finally, beyond consumer subscribers, there are growing opportunities in enterprise and public sector applications across the world. 5G enables significant value for enterprises, with private 5G networks and wireless wide area networks being deployed for enterprise and industrial use.

S Mohini Ratna, Editor, VARINDIA