Investing in the Digital Future
- Team arroWebs
- • July 24, 2024
Enterprise and SMEs look ahead with next-gen connectivity solutions.
Spending More On Next-Generation Connectivity
Earlier this year, over half the SMEs and enterprises surveyed by McKinsey indicated they plan to increase spending on technology and connectivity. For larger, well established companies, nearly three quarters had plans to invest in next-generation connectivity including 5G, SASE, and cloud. In general, responses revealed a solid understanding that “no aspect of tech or telecommunications can be taken for granted” and that investment in the digital future is key to an organization’s success. In this article, we take a brief look at some of the connectivity solutions leading the way forward.
5G
Fixed Wireless Access
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Private 5G Networks
With the continued growth of global 5G, private 5G networks are forecasted to make up over 90% of the market by 2027. From manufacturing to entertainment to healthcare, these and numerous other industries have already invested – and will continue to invest – in the deployment and expansion of private 5G networks that deliver fast, wireless, secure communications and connectivity for their critical, on-demand business applications. Many organizations will continue to choose a managed private network option, which allows them to focus on business strategy instead of the day-to-day details of network maintenance.