ABI Research’s latest whitepaper highlights 38 transformative technology stats you need to know for 2024 and beyond
The technology community – both innovators and implementers – is at a critical juncture in 2024. Global market pressures are starting to ease, but persistent geopolitical threats are hindering progress. As a result, companies are under pressure to make the right near-term decisions to drive positive impact and ROI within their organizations.
In its new whitepaper, 38 Transformative Technology Stats You Need to Know for 2024, global technology intelligence firm ABI Research identifies key forecasts to help companies and organizations make winning, informed decisions that impact the near term to seize market shifts, choose the best technologies and partners, achieve quick wins, meet robust ROI requirements, and use technology for aggressive growth or to safeguard against geopolitical shocks.
“This paper provides a selection of forecasts from ABI Research that can help companies and organizations make contextual decisions with the benefit of rigorously produced hard data. The rapid rise of private cellular, huge growth in 5G mMIMO radio deployments, and a big bet on network slicing are just some of the many changes on the horizon of which companies and organizations must be aware to make mid-course corrections or complete roadmaps,” Stuart Carlaw, Chief Research Officer at ABI Research explains.
Some stats highlighted in the whitepaper include:
5G Markets:
The Total Addressable Market (TAM) for private networks, encompassing elements such as the Radio Access Network (RAN), Mobile-access Edge Computing (MEC), the core, and professional services, is poised to grow significantly. “Anticipated to surge from US$6.1 billion in 2023 to surpass US$82 billion by 2030, this growth trajectory will be predominantly fueled by 4G deployments throughout the decade’s conclusion. The driving force behind this trend is the enthusiastic anticipation among enterprises for advanced features like Ultra-Reliable Low Latency Communication (URLLC), ensuring a remarkably high level of network availability, reliability, and notably low latencies,” explains ABI Research Principal Analyst Leo Gergs.
5G, 6G & Open RAN:
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Related Research
Whitepaper | 1Q 2022 | WP-WNGH-190
