Malaysia among emerging markets’ biggest beneficiaries from 5G deployment
12 Dec 2022
Malaysia could be among the biggest emerging market beneficiaries from 5G deployments with a direct potential gross domestic product (GDP) boost of 0.38 per cent through 2035.
According to Analysys Mason report on the “Future Value of Mobile in Emerging Markets”, Malaysia was expected to realise this GDP gain earlier and at a faster rate.
The study said Malaysia’s cumulative economic benefits of 5G were estimated at US$10.1 billion between 2020 and 2035, with the annual GDP uplift in Malaysia at 0.38 per cent by 2035, based on the 5G infrastructure it was rolling out.
“In Malaysia, both low band and mid-band spectrum has been made available for accelerated 5G deployment in the country
“Expanded mid-band 5G coverage is identified as the key success factor.
“The estimated US$10.1 billion benefits to Malaysian GDP would be largely driven by the mid-band coverage, with smart factories from the smart industries cluster a key area of focus,” it said.
Meanwhile, Ericsson Malaysia, Sri Lanka and Bangladesh head David Hagerbro said Ericsson was delivering a secure, world-class 5G network in Malaysia with Digital Nasional Bhd (DNB) that would enable the nation to compete on the global scale for digital leadership.
Hagerbro said with the 5G network deployment having made significant progress over the past year, the company expected Malaysia to benefit significantly from programmes and policies aimed at boosting the country’s 5G ecosystem and stimulating 5G adoption by consumers and enterprises.
“Such adoption will not just realise the investment value, but arm Malaysian innovators, enterprises and industries with the 5G connectivity essential to making the next generation of applications and use cases a reality,” he said.
Analysys Mason’s report highlighted the potential economic, consumer and environmental benefits of 5G connectivity in 15 national emerging markets, including Malaysia.
It examines the impact of multiple 5G spectrum deployment options to facilitate enhanced mobile broadband and fixed wireless access across consumer, industry, logistics, rural and public services clusters, and spanning several business case options, including verticals.
The countries addressed in the report research are Bangladesh, Brazil, Chile, Columbia, Egypt, India, Indonesia, Malaysia, Mexico, Morocco, Nigeria, Pakistan, South Africa, Thailand and Turkey.
Source: NST
