Investigation report on reshaping the future of the industry in 2022 From Industry 4.0 Era

The following is the Investigation report on reshaping the future of the industry in 2022 From Industry 4.0 Era recommended by recordtrend.com. And this article belongs to the classification: Industry 4.0, research report.

Ernst & Young recently released the investigation report on reshaping the future of the industry in 2022 to explore 5g business growth opportunities for enterprise customers in the era of industry 4.0. The report conducted an online survey on 1018 enterprises in multiple vertical industries and regions around the world to understand the attitude of enterprise executives towards emerging technologies and future plans, focusing on 5g and Internet of things investment plans, as well as the attitude of enterprises towards suppliers and collaborative ecosystems. Based on the survey results, it provides more insights and suggestions on the application of 5g Internet of things and its relationship with service providers.

Enterprises are more willing to spend on 5g and the Internet of things, but some enterprises may not rise but fall instead

Enterprises are continuously investing in emerging technologies, and 5g is in the lead in terms of willingness to spend in the future. Many interrelated external factors, such as the COVID-19, supply chain disruption and environmental, social and Governance (ESG) issues, have prompted enterprises to be willing to increase 5g and IOT expenditures.

In terms of regions, there are differences among different regions. Ernst & Young survey shows that 70% of enterprises in Asia and the Middle East intend to invest in 5g, but this is lower than 78% last year. Technology providers should realize that although 5g is becoming more and more mainstream, some enterprises’ acceptance of 5g may not increase but decrease.

Improving operational efficiency is the main driving factor for enterprises to invest in 5g and the Internet of things

With regard to the driving factors of 5g and IOT investment, the interviewed enterprises said that they pay more attention to improving operational efficiency and process optimization than promoting revenue.

With regard to 5g and IOT application requirements, the system and process optimization solutions ranked first (49%), and only 28% of the surveyed enterprises chose VR, AR and ultra-high definition video, lower than last year’s level.

Enterprises hope to obtain 5g and IOT applications that can meet their actual needs

Although the transition to 5g and the Internet of things will be a long-term process, enterprises hope that these technologies can help them cope with the current priorities and meet the needs of stakeholders. In fact, most enterprises pay more attention to the applications that help to achieve the sustainability goal (68%) and improve the supply chain (65%).

However, many enterprises are not satisfied with whether the services currently provided by suppliers can meet their actual needs: 47% of the respondents said that the current 5g and IOT applications can not fully meet their sustainability requirements, and the number of respondents in the automotive industry is as high as 56%. At the same time, 37% of the enterprises surveyed believed that the applications currently provided by suppliers could not meet their business adaptability and continuity needs. The number of manufacturing enterprises surveyed was 47%.

The enterprise’s ecosystem strategy is more active than ever: 5g providers that can meet such needs will flourish

Ecosystem collaboration has become an important way for enterprises to acquire new skills and knowledge. 69% of the surveyed enterprises have collaborated with other organizations in their business ecosystem. Three quarters of the surveyed enterprises believe that ecosystem strategy will become the core of the company’s five-year growth plan.

The drivers of the ecosystem strategy are becoming more and more active, and the importance of establishing cross industry partnerships and making new products and / or services profitable as soon as possible is increasing. 73% of the surveyed enterprises said that they would give priority to suppliers that can help establish ecosystem relations on the basis of 5g professional capabilities. Obviously, to meet the expectations of enterprise customers, 5g suppliers must dig deep into the rapidly changing enterprise ecosystem.

5g promotion rhythm is at the world’s leading level

According to the data in the statistical bulletin of communication industry in 2021 issued by the Ministry of industry and information technology, in 2021, the 5g investment of the three basic telecom operators and China Tower Co., Ltd. reached 184.9 billion yuan, accounting for 45.6% of the total investment, an increase of 8.9 percentage points over the previous year; In 2021, the total number of 5g base stations nationwide was 1425000, and 650000 new 5g base stations were built throughout the year. At present, China has built the world’s largest 5g network, accounting for more than 60% of the world.

The diversification of 5g application scenarios and the different progress of various industries make the enterprise’s investment in 5g a relatively long-term process, and the main construction cycle of 5g will last for 5-6 years. With the continuous upgrading of industry technology and product functions and the growth of application scenarios, it is expected that China’s 5g investment scale will remain at a high level, and 5g construction will change from “moderately advanced” to “application-oriented”.

5g is the key catalyst for the large-scale development of the Internet of things

The Ministry of industry and information technology and other departments have issued two very important documents: the first is the three-year action plan for new infrastructure of the Internet of things (2021-2023), which proposes that the number of Internet of things connections will exceed 2billion by 2023; The second is the 5g application “sailing” action plan (2021-2023), which clearly puts forward that the annual growth rate of 5g IOT end users will exceed 200% by 2023. According to the prediction of China Mobile, by 2025, the number of Internet of things connections will exceed 5.3 billion, of which 5g will contribute as much as 73%. 5g will drive animal networking to become the core driving force of a new round of technological and industrial transformation.

Vertical industry application will become the main battlefield of 5g Internet of things in the future

China’s 5g and Internet of things applications have taken the lead in the world. The implementation of 5g technology has enhanced 5g’s communication support for the Internet of things, further promoted the application of animal networking technology, and brought broad development space and exploration opportunities to the Internet of things industry. Based on the current situation, with the deepening of the integration of Internet of things and 5g technology and the acceleration of the business process, the application scenarios of 5g+iot are also continuously expanding, and promoting the digital and intelligent transformation and upgrading of the whole industry, such as smart city, smart manufacturing, smart retail, smart transportation, smart medicine, etc.

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