FY2023 – FY2028 Mid-Term Demand Forecast for Telecommunication Equipment (December, 2023)
Lifestyle transformations in the post-COVID era will include application of new technological advances in 5G/local 5G and beyond 5G/6G to overcome structural societal challenges such as building digital and more resilient supply chains and easing shortages in the labor force. Promoting co-creation spanning multiple industries, including the creation of new voice and image solutions, the use of robots and IoT/AI to reduce the reliance on human labor, innovations in logistics to accommodate domestic manufacturing facilities and autonomous driving, building communication infrastructure networks to support the ever growing high-speed large volume data traffic will contribute to an enriching and comfortable living environment for Japan as well as promote a more digital and carbon-neutral society. The total telecom equipment market value is expected grow to approximately 4.543 trillion yen in FY2028, or an increase of 10.4% over the FY2022 figure.
CIAJ Profile
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