The Global System for Mobile Communications Association (GSMA), an industry organisation that represents the interests of mobile network operators worldwide, announced the formation of the Asia Pacific (APAC) 5G Industry Community.
The new ecosystem is established for those seeking opportunities to deliver Industry 4.0 and digital transformation from 5G networks, edge-cloud services, enterprise IoT and AI.
The Community has been designed for stakeholders across the value chain including government and agencies, industry associations, mobile network providers, enterprises and industry players, solution providers, analysts, and consultants.
The APAC 5G Industry Community comprises 12 contributing members across the mobile value chain as well as the existing IoT and 5G emerging market community, which has some 500 members in more than 30 countries.
APAC 5G Industry Community contributing members include AIS, Axiata, DEPA, DHL, Globe, Huawei, Kominfo, Maxis, MDEC, Schneider Electric, Telkomsel and, Viettel.
GSMA forecasts 5G will contribute $2.2 trillion to the global economy by 2034, with key industries such as manufacturing, healthcare, transportation, utilities, retail, financial services, and public sector benefitting the most from the new technology for digital transformation, Industry 4.0 and enterprise 4.0.
APAC is a huge market and fragment with pioneer 5G in North Asia and Oceania. The rest of APAC needs more support for education to industries, ecosystem development, innovation, and appropriate advocacy.