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The 5G Business Success Summit was successfully conducted today during the 13th Global Mobile Broadband Forum. Peng Song, president of Huawei ICT Strategy and Marketing, delivered an opening speech on “5G Business Success is Accelerating.” He summarized that, under the guidance of the G.U.I.D.E. business blueprint, they were focused on building a green and sustainable 5G network featuring the ultimate Gigaverse experience, ultra-automation and easy maintenance, collaborative connection and computing services, differentiated multi-dimensional business monetization and sustainable development. The three-year exploration has enabled carriers to accumulate business success cases and accelerate 5G network monetization, enabling a booming trend of 5G business acceleration.

Read more: Huawei Global Mobile Broadband Forum: 5G Business Success Is Accelerating

The award winning FutureNet event series returns to Singapore with an in-person event, taking place at the 5* Westin Hotel on October 18-19. The event will bring together the APAC telecom industry including senior level representatives from Singtel, Telstra, NTT DoCoMo, Airtel, Axiata, Rakuten Mobile, Telkom Indonesia and more.

Read more: FutureNet Asia Returns as In-Person Event in Singapore from 18-19 October

The GSMA is celebrating one year since its formation of the APAC 5G Industry Community, which now includes over 700 member organizations and 2,000 individuals from 66 countries, making it the fastest-growing GSMA community in the Asia-Pacific region. Building on this success, there are plans for further growth into vertical markets in 2023 with an “alliance of alliances” initiative.

Read more: GSMA APAC 5G Industry Community Celebrates First Year of Inception

The public cloud services market in Asia Pacific, excluding Japan, will reach US$165.2 billion in 2026, according to IDC. The PCS market is to grow at a higher year-over-year (YoY) rate in 2022 at 31.4% in comparison to 30.0% in 2021, as cloud migration continues to accelerate. However, IDC expects the YoY growth rates to slow down beginning in 2023 with a YoY growth of 28.3%, to 22.4% in 2026.

Read more: Public Cloud Services to Reach US$165.2 Billion in 2026

BYOND MOBILE, launched by VNU Asia Pacific, was held from September 28–29 at Samyan Mitrtown Hall, Bangkok, to set a platform for the networked economy of the future and its 5G products and solutions. The two-day conference and exhibition brought together business leaders from the health, manufacturing, smart city and future mobility verticals with strategy experts from the Internet, mobile communications and IT sectors.

Read more: BYOND MOBILE Drives Region’s 5G Industry to the Next Level

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