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The 23rd MPLS, SD & AI Net Network World Congress (also called the MPLS Forum) was successfully held in Paris. The congress is the world's highest-level third-party forum in the IP field, and its theme this year is "SRv6 Momentum". Senior experts and analysts from the SRv6 industry — covering device suppliers, operators, third-party independent test organizations, and standards organizations — delivered keynote speeches on SRv6 technical standards, industry cooperation, and commercial use progress, among others. In addition, they shared insights into the status quo, commercial deployment progress, and future development trends of SRv6.

Read more: SRv6 becomes an industry consensus and commercial use is set to accelerate

Digitalization is reshaping the Philippines’ economy. Research firm AlphaBeta reported that digital transformation in the Philippines can unlock an economic value of about US$100 billion by 2030. The market outlook appears promising, with research firm Forrester forecasting that the Philippines will lead Asia in terms of purchases of tech goods and services, growing by 9.1% in 2022. This is followed by Vietnam and India, growing by 9.0% and 8.7%, respectively.

Read more: Philippines: Growing tech presence in Southeast Asia

On its road to the Mobile World Congress 2022 in Barcelona, ZTE had an opportunity to conduct an interview with the Minister of Communications and Informatics Johnny G. Plate about 5G network and how it will play a crucial role in accelerating digital transformation and economic growth. The Minister stated that even though as of now 4G network is still the backbone of telecommunication network in Indonesia, deployment of 5G in the country has started. Moving forward, the government plans to accelerate the deployment of 5G network to unlock the growth potential across multiple industries.

Read more: ZTE’s road to MWC 2022: Minister of Communications and Informatics expects 5G to accelerate...

Sub-3GHz is emerging as a valued spectrum to facilitate a 5G evolution. For operators, innovative upgrades to network featuring multi-antennas MIMO, ultra-wideband and multi-RAT coordination unleash the full potential of sub-3GHz. At the MWC Barcelona 2022, this topic took center stage as leading operators and partners in the telecom industry convened at the “Sub-3GHz Evolution Summit”.

Read more: Sub-3GHz evolution to ultra-wideband, multi-antenna and multi-RAT coordination

The global smart cities market was valued at US$334.2 billion in 2018 and is estimated to reach a value of US$1,359.8 billion by 2027, according to research firm Coherent Market Insights. This represents a CAGR of 16.3% between 2017 and 2027 and a sizeable market that holds vast potential.

Read more: Investing and shaping tomorrow’s smart cities

According to Cushman & Wakefield, the Asia Pacific data center market is poised to become the world’s largest data center region over the next decade. In a 2022 report, Singapore takes the top data center spot in the Asia Pacific, and the second place globally – tying with Silicon Valley after Virginia. In the region, Hong Kong claims the second spot, Sydney comes in third place, while Shanghai maintains fourth place.

Read more: Asia Pacific outlook: Surge in data centers

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