From February 27 to March 2, MWC 2023 (Mobile World Congress), hosted by GSMA, was held in Barcelona, Spain. This is the first large-scale global mobile ecosystem convergence of Barcelona since COVID-19, and shows the wind direction of the communication industry to the world.
Insight into the industry development trend
During the four-day conference, more than 2,000 exhibitors from more than 200 countries and regions around the world will focus on discussing the new trends, new products, and new technologies in the mobile communication industry, and share their views on the hot issues affecting the industry.
At this conference, the second wave of the 5G wave became the core topic. Of course, above 5G, 6G, quantum computing, and other topics have also entered the discussion space, and new growth opportunities begin to gradually appear. Experts point out that an immersive experience based on 5G technology is fundamentally changing people’s lives and work.
At the MWC conference, some tech companies also announced the latest developments. For example, Qualcomm (QCOM) Technology Company announced the launch of the second generation of Snapdragon car 5G modem and RF platform, supporting satellite communication, and introducing a new communication mode for the automotive industry.
As a Qualcomm Technologies automotive modem and RF system, it has a high-performance processing power and network capacity of up to 200 MHz, supporting reliable and low-latency connectivity for a safe, intelligent, and immersive driving experience. Equipped with the latest 5G technology improvements, car owners can enjoy the comfortable and convenient experience of the car, home, and office in the same space.
Accelerating toward the 5G boom
As early as 2018 and 2019,5G was the core of the MWC exhibition. Now, in 2023,5G remains the focus of major manufacturers. In my opinion, the era of 5G is far from over. Through the exhibition of manufacturers, we can see that 5G has great potential, and the head represents the performance of manufacturers is commendable.
2022 is the most critical year for 5G development, witnessing the whole picture of the transformative value brought by 5G enabling thousands of industries. In 2023, the new generation of information and communication technologies represented by 5G will develop vigorously, accelerate a new round of scientific and technological revolution and industrial transformation, and increasingly become the most innovative, driving, and permeable field in the world.
Data show that 5G has been commercialized for four years, and the global user penetration rate of 5G development for three years is comparable to the level of 4G development for five years. Moreover, operators with the first wave of 5G users exceeding 20% have generally achieved significant growth in mobile business revenue.5G innovation leads, sailing for the future. In the next few years, one of the key missions of 5G will be to enable the digital transformation of the entire industry.
WIMI Hologram Cloud stimulates the 5G tech innovation
It is fair to say that 5G, as a representative of the new generation of information and communication technology and an important engine of digital transformation, has played an important role in accelerating the construction of a new development pattern and promoting the realization of high-quality development. For a long time, WIMI Hologram Cloud (NASDAQ: WIMI), as the global leader and successful practitioner of 5G technology application, has steadily promoted 5G application technology innovation and deepened the integrated application of the industry, which has been widely recognized by the industry.
Each generation of communications technology needs to evolve to generate more value. The characteristics and advantages of 5G technology lie in industrial applications. Therefore, the release of 5G potential in the future needs to further increase the expansion of the vertical industry market. Without any experience to learn from, WIMI Hologram Cloud has made full use of its resource endowment and opened up a new path of innovative and efficient high-quality 5G development.
Up to now, WIMI Hologram Cloud has promoted the deep development of 5G converged applications, and the user scale of 5G ultra HD, 5GVR / AR, and 5G cloud advertising continues to increase, creating new services such as 5G messaging and 5G new communication.
Industry insiders believe that 5G innovation and development have a long way to go. It is suggested that all parties in the industry work together to meet each other to promote 5G development through technological innovation, release 5G value with integrated applications, and open cooperation and a win-win 5G future. As the main force of 5G development in the industry, WIMI Hologram Cloud is based on the industry digitalization wave driven by 5G, AI, cloud computing, and other technologies to meet new strategic opportunities, and further promote 5G to empower thousands of industries. At the same time, it will work with industrial partners to promote 5G to become a necessary technology for vertical industries, and collaborative innovation will promote global 5G prosperity, joint construction, sharing, and win-win results.
Objectively speaking, society in the future is going faster and further away on the road of digitization and intelligence. To achieve a win-win 5G future, we need to strengthen exchanges and cooperation in 5G technology, spectrum, standards, application, security, and other related fields, promote a broader consensus of 5G and 6GHz medium frequency bands on the global scale, and create a favorable atmosphere for the healthy development of the global mobile communications industry. We will jointly integrate 5G into thousands of industries and set sail at a new starting point so that 5G can truly change society and go to the stars of the digital economy.
