Friday, 17 September 2021

CSPs failing to support 5G needs of 99% of world’s businesses

posted by BearingPoint//Beyond
Tuesday 16 February 21

By not investing enough time and resource into the SME market, CSPs are discounting an estimated $433 billion worth of 5G revenue, a significant missed opportunity for B2B 5G growth in 2021 and beyond

BearingPoint//Beyond, in collaboration with Omdia, today released a report highlighting the potential of small and medium-sized enterprises (SMEs) as a major source of future 5G revenue for communications service providers (CSPs). The study, commissioned by BearingPoint//Beyond and conducted by Omdia, reveals that, despite SMEs representing 99% of the world’s businesses - a SME services market estimated to be worth $433 billion by 2025 - the market segment remains vast and untapped with the majority of CSPs focusing 70% of their resources on the 1% enterprise market. Despite this revelation, not enough CSPs are recognizing SMEs as a major source of B2B revenue, especially on 5G…

BearingPoint//Beyond, in collaboration with Omdia, today released a report highlighting the potential of small and medium-sized enterprises (SMEs) as a major source of future 5G revenue for communications service providers (CSPs). The study, commissioned by BearingPoint//Beyond and conducted by Omdia, reveals that, despite SMEs representing 99% of the world’s businesses - a SME services market estimated to be worth $433 billion by 2025 - the market segment remains vast and untapped with the majority of CSPs focusing 70% of their resources on the 1% enterprise market. Despite this revelation, not enough CSPs are recognizing SMEs as a major source of B2B revenue, especially on 5G…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry