Analysts Reveal That South Africa’s 5G Rollout Will Take Longer Than Expected
This is according to an observation made by Saurabh Verma, the Head of ICT at Frost & Sullivan Middle East and Africa, in the business consulting firm's 2019 predictions for the South African l ICT market recently.
In the country, the data-only network Rain has scheduled its own 5G rollout for sometime this year, while mobile operators Vodacom and MTN continue to move towards a 5G deployment in SA.
Frost & Sullivan predicts that SA's telecoms industry revenue will reach over $10 billion in 2019.
Overall, the local ICT market will reach around $22 billion, which is almost 3% higher than last year, according to Verma.
The telecoms sector is forecasted to contribute approximately 49.6% to ICT growth.
Verma highlighted that the telecoms predictions were slightly optimistic, but warned that the figures could be hampered by the elections in SA this year.
According to Frost & Sullivan, multi-tenanted data centres will generate growth in data centre revenue in the South African market.
The firm revealed that data centre revenue contributed 8% toward the ICT industry and was estimated to reach $571 million in 2019 with a growth percentage of 10.6%.
There has been a lot of recent activity in SA's data centre market.
Last month, Teraco revealed an agreement with Berkshire Partners, which will secure the Boston-based investment firm a majority stake in the local data centre provider.
Microsoft has also confirmed it will launch data centres in the country this year.
Frost & Sullivan believes that South African start-ups will be the frontrunners when it comes to innovation in IOT, artificial intelligence and cross-industry integration.
Credit: This article originated from www.itwebafrica.com