Latest GSMA reports state that the telecom industry will be worth $45 billion by 2025 with an estimated 1.8 billion 5G connections by 2025. The telecom industry is expected to spend $1.1 trillion on capital expenditure between 2020 and 2025, and approximately 80% of this will be on enabling 5G networks. The average data consumption will see a sharp increase of 273% from 7.5 GB per month in 2019 to 28 GB per month by 2025, fuelled mainly by AR/VR, 4K/8K video streaming, and 360-degree videos.
Operators are increasingly seeking ways to cut costs in a challenging business environment, which is made more complicated by the demanding requirements of 5G services (i.e. high speed, low latency and ultra-reliability). Leveraging innovations such as virtual RAN, Edge Networking, and Network Automation, operators are working on upgrading their networks to meet the demands of the 5G era. With several smart city and connected living initiatives taking off around the world, telecom operators are also working to increase revenue from digital services like media/entertainment, advertising, IoT, professional and managed services, etc.
Sasken has been working on 3GPP cellular technology for over 25 years with several marquee customers such as Modem SoC makers, Network Equipment makers, Operators, Test Equipment makers, and device makers. Our expertise in the Telecom sector spans the entire value chain and we have helped several of our customers improve their time to market and address cost pressures.
With a deep expertise in the latest LTE and 5G wireless technologies, Sasken provides conceptualization, development, testing, and maintenance services that make us the ideal partner for catalyzing your 5G aspirations.
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Sasken is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor, Automotive, Industrials, Smart Devices & Wearables, Enterprise Grade Devices, Satcom and Transportation industries.
