Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Progressive Digital Media Group PLC       GB00B1GCQP32

SummaryNewsCalendarCompanyFinancialsRevisions 
News SummaryMost relevantAll newsSector newsTweets

GlobalData : 5G networks will take off in Asia and the US, while European operators seek to make the most of 4G

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/06/2017 | 04:45pm CEST

5G networks will become mainstream by 2020, but Europe will lag behind Asia and the US, as operators seek to make the most of 4G, according to research and consulting firm GlobalData.

The company's report forecasts that while over half of all mobile subscriptions will be 5G-capable in South Korea by 2022, compared only around 7% in Europe.

Upin Dattani, Senior Manager - Europe for GlobalData Technology, says: 'Some mobile markets, such as South Korea and Japan, are well-suited to 5G, with widespread fiber availability, small cell deployments, advanced 4G networks and supportive regulators.

'In Europe, operators are keen to obtain a good return on the substantial capital expenditure made in 3G and 4G investments. While European operators see benefits from more reliable and responsive next generation networks, technological progress will likely be at a more measured pace.'

Some pre-standard 5G network trials are being conducted in 2017 worldwide, with a few standardized, commercial services set to commence in 2018 and many more operators launching during the following two years.

5G will, for the first time, go beyond increased bandwidth and capacity, as was the focus in previous wireless generations, adding low latency, high density and high reliability. These capabilities will enable a variety of use cases, opening the door to new, predominantly business-focused services such as self-driving cars and smart cities. 5G also supports the focus that many operators have in looking for new, adjacent revenue streams, including fixed-mobile integration, digital content and the Internet of Things.

Peter Jarich, Chief Analyst for GlobalData Technology, adds: 'Hopes are running high for the potential of 5G to truly transform mobile business models, and tap new revenue opportunities moving beyond consumers and into diverse digital industries. The implications go beyond any individual operator to impact national and regional competitiveness.

'Despite this, for all the efforts to fast-track early 5G deployments, it's important to recognize that 5G rollouts will take years to complete; no region or country has won or lost the race to 5G yet.'

- Information based on GlobalData's report: 5G Technology Overview, Use Cases and Demand Forecast: Addressing Latency, Reliability and Network Density Opens Up New Business Opportunities.

GlobalData plc published this content on 06 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 July 2017 14:45:04 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PROGRESSIVE DIGITAL MEDIA
08/16 GLOBALDATA : Brexit woes for UK mortgage market as lending slows, says GlobalDat..
08/16 GLOBALDATA : HNW female entrepreneurs represent a growing opportunity for wealth..
08/15 GLOBALDATA : Athleisure is here to stay as ASOS targets lucrative £2.5bn UK spor..
08/11 INTERNET OF THINGS (IOT) : Technology, Outlook & Significance 2017
08/11 GLOBALDATA : Type 2 diabetes market to more than double, to $64 billion by 2026
08/10 GLOBALDATA : Retail finance to be fast tracked by S40m ZipMoney Investment
08/02 GLOBALDATA : Artificial Intelligence (AI) is more important to IoT than Big Data..
08/01 GLOBALDATA : Global HER2-positive breast cancer market to face challenges from b..
08/01 GLOBALDATA : UK consumers to face 3% year-on-year food price rises until 2022
07/27 WEBINAR : Key Ingredient Trends in FMCG – What Consumers are Saying in 201..
More news
Financials ( GBP)
Sales 2017 118 M
EBIT 2017 -
Net income 2017 -
Debt 2017 20,5 M
Yield 2017 1,37%
P/E ratio 2017 -
P/E ratio 2018 -
Capi. / Sales 2017 5,04x
Capi. / Sales 2018 -
Capitalization 575 M
Income Statement Evolution
Managers
NameTitle
Michael Thomas Danson Chief Executive Officer
Bernard Anthony Cragg Chairman
Simon John Pyper Chief Financial Officer
Peter Martin Harkness Independent Non-Executive Director
Murray Legg Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
PROGRESSIVE DIGITAL MEDIA GROUP PLC740
RELX15.25%43 952
RELX N.V.10.26%43 945
S&P GLOBAL INC39.58%38 576
THOMSON REUTERS CORP-2.09%32 859
EQUIFAX INC.18.95%16 839