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5G and accessing global markets

Posted by: Charlotte Pemberton-Bennetts Date: 28 Mar 2023

5G and Accessing Global Markets

The fifth generation of wireless technology, known as 5G, is the latest advancement in mobile communication technology. It has the potential to revolutionise industries such as healthcare, transportation, and manufacturing, creating a massive market for 5G services and devices. However, the adoption and deployment of 5G varies significantly across regions and countries, making Global Market Access a critical factor in its success.

One of the challenges for global market access is the differences in the regulatory frameworks and licensing processes for 5G. Each country has its own set of rules and regulations that govern the deployment and operation of 5G networks which can cause delays. The bands being considered vary by country, but commonly considered bands include the 3.5 GHz band, the 700 MHz band, and the 26 GHz band. Asia, for example, is using the 3.5 GHz band and the 28 GHz band for 5G, while Latin American countries permit the 3.5 GHz band but also accept the 26 GHz band instead. Other countries are in the process of allocating spectrum for 5G with announcements on permitted bands expected in the next year.

To address these challenges, many organisations and industry bodies are working towards creating a more uniform global market access framework for 5G. The International Telecommunication Union (ITU) has developed guidelines for the global deployment of 5G. This will provide a common framework for countries to follow and ensure a level playing field for all stakeholders.

Despite the potential of 5G to transform the world, the cost of deploying 5G networks could lead to a global digital divide, where developing countries are left behind. This means that regulations for 5G are likely to be in development for many years as countries with less developed cellular networks catch up. So, manufacturers may need to wait to sell their 5G enabled products in certain markets.

Overall, 5G has the potential to revolutionise industries and transform the world. However, global market access remains a critical factor in its success. With the right infrastructure, security, and global collaboration, the race to 5G is well underway. TUV SUD's global market access services for 5G products can help your company succeed in this rapidly evolving market by providing the necessary support to navigate the complex regulatory landscape and ensure that your products can be sold in the desired markets.

 

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