KPMG in India launched a report titled “5G driving the next growth wave for Digital India”

KPMG in India, in association with IMC, has today launched a report titled ?5G driving the next growth wave for Digital India? at the India Mobile Congress 2022. This report provides a roadmap to organisations in ICT sector to re-purpose, re-engineer and re-position their offerings for an increasingly complex and demanding enterprise world. It also offers recommendations for a successful 5G roadmap and implementation.

KEY HIGHLIGHTS FROM THE REPORT:

Approx. 50 per cent of Indian enterprises point towards increased budgets, especially for non-time critical communications use-cases
More than 85 per cent of enterprises across multiple sectors are expecting up to 20 per cent ROI on various 5G/industry 4.0 use-cases
Globally almost 51 per cent of the enterprises are looking to deploy 5G in conjunction with other wired and unlicensed wireless technologies
The top technical and operational business challenges envisaged for deploying 5G in India are network integration with legacy networks, faster technological changes (or low adaptability in a multi-vendor ecosystem), proving ROI and timelines and inconsistent network infrastructure
Targeting efficiency, quality management and new revenue models are prime areas where 5G is expected to be deployed by enterprises

Yezdi Nagporewalla, CEO, KPMG in India, said, ?5G will be a catalyst to India?s path of reaching 20% digital GDP (by 2025). Today amongst others, digital transformation initiatives through smart factory, remote healthcare, digital school are real and functioning. With 5G, many of these initiatives will achieve scale and acceleration. The Indian telecom market offers the right ingredients to have its justifiable impact. This impact could range upto 0.5% of incremental GDP growth due to elements of flexibility, low latency and expansive connectivity, all of which will have a positive impact on businesses and its users (direct and indirect).?

Commenting on the report, Purushothaman KG, Telecommunications Industry Leader, Head Digital Solutions, KPMG in India said, ?Our study shows that 5G will become the most transformational accelerator to drive digital growth and achieve the larger vision of digital India. The new telecom bill has all the ingredients to drive a robust financial and structural reforms. Edge computing, AI based cloud services, open source intelligence and telemetry systems are expected to be pervasive. India will see 5G drive growth not only of the telecom sector, making it once again a sunrise sector, but drive the growth and digital transformation ambitions across industries.?

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