5G Race Is All Tortoise, No Hare
By Mat Dirjish
According to a recent report on URLLC and 5G IoT from Mobile Experts, a slow and steady pace will win the 5G URLLC race for revenue. Mobile Experts takes a 10-year view through 2030 to demonstrate how this market segment will emerge. Chief Analyst Joe Madden says, “We see the development of URLLC services growing slowly but steadily in a variety of vertical markets.”
Mobile Experts defines 5G URLLC as a wireless network format using 3GPP-based 5G NR, with either a radio latency requirement below 5 ms or a reliability requirement of 99.99% or higher. The company claims that the URLLC market does not exist now, but a few applications are emerging.
The report covers online gaming, virtual/augmented reality applications, robotic controls, drones, automotive, and industrial operations in mining, transportation, oil & gas, and manufacturing. Essentially, Mobile Experts foresees multiple applications driving growth in both public and private networks, which will drive growth from non-telecom players in the 2025 to 2030 timeframe.