Keysight 5G Survey Reveals Securing Market Leadership is Key Driver for 5G Technology Investment
SANTA ROSA, Calif.--(BUSINESS WIRE)--Nov 13, 2018--Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that helps enterprises, service providers, and governments accelerate innovation to connect and secure the world, today released the results of the Keysight 2018 State of 5G survey, which reveals that companies primarily invest in 5G technology to secure market leadership, meet customer demand, and take advantage of flexible and scalable networks.
The Keysight 2018 State of 5G Survey shows more than half (54 percent) of companies surveyed are already adopting 5G technologies with 46 percent citing securing market leadership early in the 5G lifecycle as the primary driver for their investments. And, more than two thirds of respondents said they are actively seeking 5G test solutions to accelerate the development or rollout of 5G technology.
“To meet customer demand and establish market leadership, equipment manufacturers and service providers need early access to 5G test tools and capabilities,” said Kailash Narayanan, vice president and general manager of Wireless Devices and Operators at Keysight Technologies. “Keysight’s close collaborations with industry consortia and market leaders, deep technical experts, and end-to-end 5G test solutions are empowering the mobile industry to accelerate 5G product design development and commercialization.”
Most respondents (63 percent) of the Keysight survey expect higher reliability and lower latency to create the biggest impact from 5G technology. These aspects are important to address new business opportunities. Respondents indicated that the top three benefits of implementing 5G technology are faster networks, greater IoT enablement, and connected car proliferation.
By leveraging new and existing technologies including wider bandwidths in millimeter-wave frequencies, massive MIMO and virtualized networks, 5G will deliver a multitude of benefits to meet customer demand across a wide range of vertical industries.
“The fact that many respondents are looking for test solutions means that those inventing and deploying the technology want to ensure their implementations perform as expected while securing a market leadership position,” stated Roger Nichols, 5G program manager at Keysight Technologies. “Many of these technologies, or combinations of technologies, are new to the radio communications world, which is why the industry is looking for tools to help them analyze, design, measure, and validate designs that rely on these technologies.”
To download a complimentary copy of the Keysight 2018 State of 5G, visit: https://about.keysight.com/en/newsroom/resources/2018/5992-3345EN-the-state-of-5G.pdf.
About Keysight in 5G
Keysight’s industry-first 5G end-to-end design and test solutions enable the mobile industry to accelerate 5G product design development from the physical layer to the application layer and across the entire workflow from simulation, design, and verification to manufacturing, deployment, and optimization. Keysight offers common software and hardware platforms compliant to the latest 3GPP standards, enabling the ecosystem to quickly and accurately validate 5G chipsets, devices, base stations and networks, as well as emulate subscriber behaviour scenarios. Additional information about Keysight’s 5G solutions is available at www.keysight.com/find/5G.
About Keysight Technologies
Keysight Technologies, Inc. (NYSE: KEYS) is a leading technology company that helps enterprises, service providers, and governments accelerate innovation to connect and secure the world. Keysight’s solutions optimize networks and bring electronic products to market faster and at a lower cost with offerings from design simulation, to prototype validation, to manufacturing test, to optimization in networks and cloud environments. Customers span the worldwide communications ecosystem, aerospace and defense, automotive, energy, semiconductor and general electronics end markets. Keysight generated revenues of $3.2B in fiscal year 2017. In April 2017, Keysight acquired Ixia, a leader in network test, visibility, and security. More information is available at www.keysight.com.
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CONTACT: Keysight Technologies
Geri Lynne LaCombe, Americas/Europe, +1 303-662-4748
Fusako Dohi, Asia, +81 42 660-2162
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: TECHNOLOGY HARDWARE INTERNET NETWORKS SOFTWARE TELECOMMUNICATIONS MOBILE/WIRELESS
SOURCE: Keysight Technologies, Inc.
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PUB: 11/13/2018 11:00 AM/DISC: 11/13/2018 11:01 AM