60% of Global Population to have 5G Access in the Next 5 Years
Over 4.74 billion people, or 60 percent of the global population, will have access to 5G coverage by 2026. In the same year, 3GPP and LTE will both have a coverage rate of 96 percent as per data acquired by Finbold.
As of June 2021, 1.97 billion people, or 25 percent of the global population, had access to 5G network coverage. Elsewhere, 3GPP accounts for the biggest share at 95 percent, while LTE has 86 percent. In 2023, 2024, and 2025, 5G network coverage is projected to account for 39 percent, 46 percent, and 53 percent of the global population, respectively.
According to the research report, the projected growth of 5G technology is expected to be driven by the network’s new advantages compared to existing systems like 4G. The 5G technology introduces low latency, high speed, while enabling high data-intensive applications to perform efficiently.
Worldwide 5G Network Infrastructure Revenue to Grow 39% in 2021
Worldwide 5G network infrastructure revenue is on pace to grow 39 percent to total $19.1 billion in 2021, up from $13.7 billion in 2020, according to the latest forecast by Gartner.
Communications service providers (CSPs) in mature markets accelerated 5G development in 2020 and 2021 with 5G representing 39 percent of total wireless infrastructure revenue this year.
5G is the fastest growing segment in the wireless network infrastructure market. Of the segments that comprise wireless infrastructure in this forecast, the only significant opportunity for investment growth is in 5G. Investment in legacy wireless generations is rapidly deteriorating across all regions and spending on non-5G small cells is poised to decline as CSPs move to 5G small cells.
PizzaExpress Improves Efficiencies, Savings with Qlik Cloud
Restaurant group PizzaExpress has deployed Qlik Cloud to enable employees across the business in the UK with access to real-time data for improved decision-making, resulting in annual savings and more empowered restaurant managers.
PizzaExpress first deployed Qlik in 2018, providing its teams with a holistic overview of restaurant data. This included datasets for sales, inventory and labor, making Qlik a central repository for analysis and reporting.
PizzaExpress has transitioned to analytics through Qlik’s hosted and managed cloud infrastructure, which enables it to centralize data management and distribution, ensuring that the right data is in the right people’s hands at the right time. With access to real-time, exact insights, employees are equipped with accurate, relevant data that enables them to take informed actions, such as when forecasting product demand, allowing them to make accurate purchasing choices that minimize food waste.
