[Barcelona, Spain, February 27, 2024] At MWC Barcelona 2024, Li Peng, Huawei's Corporate Senior Vice President and President of ICT Sales & Services, delivered a keynote speech on the strategic new opportunities opening up for the ICT industry in an intelligent world.
“We are rapidly approaching an intelligent world,” Lee said. “As demand for networks increases, 5.5G has become an important step on the road to an intelligent world. 5.5G is expected to be commercially available in 2024. , build today's networks for tomorrow's applications.''
5.Starting the journey towards 5G commercialization
Mr. Lee explained that over the past two decades, informatization and digitalization have brought opportunities worth trillions of dollars to the ICT industry. This intelligent world requires more advanced network requirements, such as uplink ultra-broadband, real-time broadband communications, and full-scenario IoT. This has driven his rapid evolution to 5.5G, enabling innovative application scenarios and business models. By 2030, the value of the intelligent economy is expected to exceed $18.8 trillion, bringing a new wave of opportunities to the industry.
Mr Lee said the global digital economy brings new strategic opportunities to the ICT industry.
In China, the Middle East, and Europe, major carriers are already validating advanced 5.5G features in their commercial networks. Their tests cover a wide range of scenarios including smart connectivity of people, homes, vehicles and stadiums. Additionally, 10 Gigabit smart cities powered by 5.5G are on the rise around the world.
At this year's MWC, Huawei will release a complete series of 5.5G products and solutions for various scenarios, along with the industry's first telecom infrastructure model. This model helps carriers maximize the value of their networks, especially in areas such as guaranteed network experience and automated O&M.
As evolving network technologies continue to redefine the flow of information and value, unlocking the power of ubiquitous connectivity, we will soon reach a fully intelligent world.
Redefining information streams: AI-powered content is driving new data traffic surge
Intelligent technology is developing rapidly and intelligent applications are becoming more and more popular. This has created new opportunities for the industry.
From an information stream perspective, generative AI is already powering new types of connected objects and scenarios, such as digital humans and intelligent cars. These new scenarios require better infrastructure, including new models for collaborative storage and computing across the cloud, edge, and devices. AIGC powers the creation of more than 100 billion gigabytes of data and drives more than 1 trillion gigabytes of data traffic. Huawei predicts that in 2026 alone, more than 250 billion images and 70 million videos will be created using AI, completely redefining the world's approach to content creation. .
Redefining the value stream: Monetizing mobile services beyond connectivity
As the ICT industry continues to innovate with smart applications, the demand for reliable network experiences across multiple dimensions will increase. In particular, uplink speed, QoS, and latency guarantees are important to meet the diverse needs of consumer and industry customers. This presents incredible new growth opportunities for carriers and opens up new value streams worth hundreds of billions of dollars.
For example, one Chinese carrier has launched a 5G livestream package that provides guaranteed uplinks for seamless live streaming. With this new service offering, the carrier increased its ARPU by over 70%.
In the transportation sector, another carrier's 5G New Calling service provides precise real-time positioning and in-call interaction for applications such as car insurance claims. This will enable car owners to handle insurance claims, on-site inspections, and insurance settlements all in one place in the event of a traffic accident. This new type of service has helped carriers successfully monetize their B2B2C market.
Huawei calls on industry to adopt 5.5G for a richer, more intelligent world
Unleashing the power of ubiquitous connectivity: creating new value for every industry
High-quality 5G network connectivity helps carriers connect more people and more things, anytime, anywhere. Cloudphone is a great example. Higher bandwidth and lower latency enable consumers to play the most compute-intensive online games and use cutting-edge workplace applications far beyond the limits of local device storage and processing power. .
Advanced technologies such as wide-area IoT are also changing the landscape of industrial applications. A 10x increase in connectivity density and accuracy enables the ICT sector to meet the connectivity needs of any industrial scenario, from smart grids to manufacturing, storage, and logistics.
Pioneers are paving the way to an intelligent world. Li Peng concluded by calling on the industry to embrace 5.5G and build a solid ICT foundation for a richer and more intelligent world.
