5G-enabled digitisation revenue potential in India will be USD 27.3 billion by 2026.
Ericsson announced the establishment of a Centre of Excellence (CoE) and Innovation Lab for 5G in the country at the Indian Institute of Technology (IIT) Delhi.
This first-of-its-kind 5G innovation Lab, which has been set up by Ericsson for Indian industry and academia to leverage, was inaugurated by the Minister of State for Communications (I/C) and Minister of State for Railways, Manoj Sinha together with Borje Ekholm, President and CEO, Ericsson on Tuesday.
As per an Ericsson report, 5G-enabled digitisation revenue potential in India will be USD 27.3 billion by 2026. The Indian operators can generate additional revenue of USD 13 billion or half of the stated potential if they take up roles beyond being connectivity and infrastructure providers to become service enablers and service creators.
The largest opportunity will be seen in sectors like manufacturing, energy and utilities followed by public safety and health sectors. Some of the 5G use cases that could be implemented using the unique features of 5G technology include industrial control and automation, autonomous driving, safety and traffic efficiency services, hospital applications and medical data management amongst others.
Ericsson conducted India's first 5G over the air beam tracking demonstration on 3.5GHz spectrum using a pre-commercial end-to-end system including 5G-NR, VRAN and VCORE. By beam steering, a highly-focused beam, a stronger radio signal with higher data throughput is delivered over a greater distance using less energy.