1、TELECOM INDUSTRY OUTLOOK 2024 2|Telecom Industry Outlook 2024External Document 2024 Infosys Limited Knowledge InstituteKnowledge InstituteTelecom Industry Outlook 2024|3External Document 2024 Infosys Limited Knowledge InstituteContentsExecutive summary 4Financial insights 6Industry dynamics 10Techno
2、logy outlook 14Key takeaways 204|Telecom Industry Outlook 2024External Document 2024 Infosys Limited Knowledge InstituteEXECUTIVE SUMMARYTransformative technologies drive the telecom industrys growth and improve operational efficiencies,though these advancements bring their own challenges.The transi
3、tion to 5G Standalone(SA)technology will support applications requiring ultra-low latency and high speeds,driving revenue growth.However,this demand pushes telecom companies to begin deploying 5G SA even before the complete rollout of 5G.Edge computing boosts telecom operations and offers new revenu
4、e opportunities.The main challenge lies in achieving the widespread 5G deployment,which requires substantial investments in infrastructure and expertise.Artificial intelligence(AI)for network operations and optimization and generative AI for customer experience,sales,and marketing enhance operationa
5、l efficiency.But finding the right talent and ensuring data readiness for analysis and model training remain significant challenges.Despite these challenges,the telecom sector is experiencing steady growth,with companies making significant investments in long-term technologies.The growth is propelle
6、d by increased consumer needs particularly for 5G services in gaming,video streaming,and AR/VR applications.Small and medium-sized businesses moving to cloud and adopting AI for operations also drive the need for higher speed and bandwidths.This Telecom Industry Outlook 2024|5External Document 2024