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Spirent’s annual report shows a market prepared for adoption and ready to realize ROI
Spirent Communications plc (LSE:SPT), the leading provider of test and assurance solutions for next-generation devices and networks, today released its fifth annual 5G outlook report, based on analysis and takeaways from over 500 new global 5G engagements in 2023. The “5G 2024: Market Drivers, Insights & Considerations” report provides insights from across the 5G ecosystem on the status of 5G, revealing trends, geographical differences and future potential. The report is available to download here: www.spirent.com/5Greport.
“5G Standalone (SA) network deployments were delayed last year, in part due to the technical challenges of deploying and integrating new, cloud-native 5G Core technologies,” said Spirent’s Head of Market Strategy, Steve Douglas. “This year, however, we expect the market to pick up speed. For the first time, the demand for new 5G SA capabilities, and the supply of network equipment and devices to enable them, are finally aligned. Suppliers see a 5G market that’s ready to scale and demand for next generation 5G SA capabilities and the journey to 5G Advanced is ramping up.”
The most promising 5G trends include the following:
The report also notes emerging and growing trends that Spirent is watching – areas where 5G is showing progress and potential, such as:
Spirent’s “5G 2024: Market Drivers, Insights & Consideration” report is available to download now.
About Spirent
Spirent Communications plc. (LSE: SPT) is the leading global provider of automated test and assurance solutions for networks, cybersecurity, and positioning. The company provides innovative products, services and managed solutions that address the test, assurance and automation challenges of a new generation of technologies, including 5G, SD-WAN, cloud, autonomous vehicles and beyond. From the lab to the real world, Spirent helps companies deliver on their promise to their customers of a new generation of connected devices and technologies. For more information, please visit www.spirent.com and follow us on LinkedIn, Twitter and Facebook.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240220940549/en/
MEDIA: Americas: Sherri Walkenhorst Connect Marketing T: +1-801-373-7888 sherriw@connectmarketing.com
Asia Pacific: Janet Peng Spirent Communications T: +86 (10) 823 30055 (x160) janet.peng@spirent.com
EMEA: Anne Harding The Message Machine T: +44-7887-682943 anne@themessagemachine.com
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