GSMA announced the formation of the Asia Pacific (APAC) 5G Industry Community; a new ecosystem established for those seeking opportunities to deliver Industry 4.0 and digital transformation from 5G networks, edge-cloud services, enterprise IoT and AI.
The establishment of the community was unveiled at the Mobile 360 Asia Pacific event today.
The APAC 5G Industry Community comprises 12 Contributing members, as well as the existing IoT and 5G emerging market community, which have over 500 members in more than 30 countries. APAC 5G Industry Community contributing members include AIS, Axiata, DEPA, DHL, Globe, Huawei, Kominfo, Maxis, MDEC, Schneider Electric, Telkomsel and, Viettel.
GSMA predicts that 5G will contribute $5 trillion to the global economy by 2025, as countries increasingly benefit from the improvements in productivity and efficiency brought about by the increased take-up of mobile services.
5G will benefit all economic sectors during this period, with services and manufacturing seeing the most impact.
“During the COVID-19 pandemic, the mobile ecosystem acted as a lifeline for people, businesses, and society. The industry demonstrated its resilience, and we must now continue to push the boundaries of possibility. The purpose of the APAC 5G Industry Community is to unlock the power of 5G connectivity so that people, industries and society thrive. GSMA is committed to playing a leading role in supporting and amplifying the vital work our industry is doing at this time,” said GSMA’s Head of Asia Pacific, Julian Gorman.
“We are thrilled to announce the formation of APAC 5G Industry Community as a collaboration platform to support 5G industry innovation, application and business opportunities.”
Malaysia Digital Economy Corporation (MDEC) CEO, Mahadhir Aziz said that 5G will enable the substantive digital transformation of Malaysian economy, adding that the goals of the APAC 5G Industry Community initiative resonate with MDEC.
“We look forward to effective collaborations with both public and private stakeholders, in line with our vision to lead a progressive digital economy and in support of MyDigital, the Malaysia Digital Economy Blueprint,” he said in a statement.
Dennis Xiao, President of Carrier Business Group, Huawei Asia Pacific Region said the firm has been working on digital transformation to support industries for viable paths of 5G connected services in recent years.
“Now, we have a golden key to open the gate of this trillion USD market for all potential industries to explore more converged technologies and business partner solutions with an agile and open ecosystem alliance platform from the APAC 5G Industry Community foundation. We are pleased to become one of the key contributors of the Community and look forward to engaging more business partners and organizations in the APAC region,” Xiao said. –TMR