#5G--Despite slower-than-expected enterprise adoption, new research from Omdia finds that the market outlook for 5G RedCap (Reduced Capability) and eRedCap (enhanced RedCap) technology remains strong....
LONDON: #5G--Despite slower-than-expected enterprise adoption, new research from Omdia finds that the market outlook for 5G RedCap (Reduced Capability) and eRedCap (enhanced RedCap) technology remains strong. These innovations are projected to significantly transform the Internet of Things (IoT) landscape, surpassing 700 million global connections by 2030, according to Omdia’s latest report “5G RedCap and eRedCap: The Current and Future State of the Market”.
Bridging the IoT Connectivity Gap
5G RedCap and eRedCap technologies deliver innovative solutions that effectively bridge the crucial gap between high-performance 5G and low-power IoT applications. Key advantages include:
Market Momentum Continues to Build
The RedCap ecosystem is rapidly evolving, driven by significant advancements from leading industry players:
Future Growth Dependent on Network Evolution
While the foundation for growth is strengthening, several factors will influence the pace of 5G RedCap adoption:
"RedCap and eRedCap technologies represent a strategic evolution in IoT connectivity," noted Alexander Thompson, Senior IoT analyst at Omdia and lead author of the report. "While adoption timelines may extend beyond initial projections, these technologies will play a pivotal role in future IoT deployments, particularly as the ecosystem matures and 5G SA networks expand globally."
ABOUT OMDIA
Omdia, part of Informa TechTarget, Inc. (Nasdaq: TTGT), s a technology research and advisory group. Our deep knowledge of tech markets grounded in real conversations with industry leaders and hundreds of thousands of data points, make our market intelligence our clients’ strategic advantage. From R&D to ROI, we identify the greatest opportunities and move the industry forward.
Fonte: Business Wire
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