The GSMA's Mobile Economy Eurasia 2024 report charts
growing 5G activities amid digitalisation ambitions in the
region
BAKU,
Azerbaijan, May 14, 2024
/PRNewswire/ -- 5G will account for over 40% of Eurasia's mobile
connections by 2030, according to the GSMA's newly published Mobile
Economy Eurasia Report, launched ahead of GSMA M360 Eurasia.
The event, supported by host sponsor Azercell, will welcome
global connectivity leaders and policymakers tomorrow for two days
of discussion, debate and networking. Further, GSMA Foundry will
feature a demo pod in collaboration with partners IBM, the European
Space Agency and Barcelona Supercomputing Center. Demos will
showcase how industry collaboration is unlocking groundbreaking
innovations, through initiatives such as the GSMA & IBM AI
Challenge, the GSMA Foundry & ESA Mobility Makerspace
Challenge, and the Open Gateway Challenge. Click to view the
agenda.
The GSMA's Chief Regulatory Officer, John Giusti, said: "M360 Eurasia provides a
welcome forum for business leaders and policymakers to align on the
issues that will help countries throughout Eurasia achieve
their connectivity goals, whether it's paving the way for 5G
rollouts or exploring opportunities for AI to benefit businesses
and societies in the region."
5G momentum growing in Eurasia
The Mobile Economy Eurasia 2024 report finds that 5G is pivotal
for ongoing transformation efforts in Eurasia. As governments in
the region prioritise 5G's integration into national development
plans, operators are investing in 5G to meet the growing demand for
enhanced connectivity.
Other findings include:
- 5G will add almost $23bn to the
Eurasian economy by 2030, with 5G adoption rising from less than 1%
in 2023 to 41% by 2030.
- The mobile industry added $200bn
of economic value to the Eurasian economy in 2023 - equivalent to
7.9% of GDP - and supported 770,000 jobs, highlighting the
importance of mobile to the digital economy.
- However, there is a significant Usage Gap in Eurasia which is
widest in Turkmenistan (51%)
and Tajikistan (48%), compared to a global average of
37%.
- Operators are rallying behind the GSMA Open Gateway
initiative and integrating AI to enhance customer services and
optimise networks.
M360 Eurasia opens the 2024 M360 series. The GSMA M360 events
unify the regional mobile ecosystem to discover, deliver and
develop innovation that serves as the foundation for positive
business environments and societal change.
Click here to learn more.
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SOURCE GSMA