By 2027, 5G subscriptions are forecast to reach 4.4 billion
globally, unleashing a massive consumer base demanding increasingly
immersive experiences and wireless engagement made better by 5G. A
recent report commissioned by InterDigital, Inc. (NASDAQ:IDCC), a
mobile and video technology research and development company, and
written by market research firm Futuresource Consulting, examines
the video innovations, emerging use cases, and immersive
experiences made possible by the rollout of 5G networks and
adoption of 5G services worldwide, and explores how video
innovations and services might harness the advances in 5G
networking technology.
Over the next five years, 5G is expected to deliver on its
promises of gigabit speeds, ultra-low latency, higher reliability,
and improved density in device connectivity, and will dramatically
transform the landscape for existing and new applications through
the use of 5G for video contribution, television transmission, live
events, local broadcast, VR opportunities, and more.
Specifically, the new report “Video over 5G: New Networks, New
Possibilities” found:
5G will be a game changer for broadcasting live
video due to its characteristics of increased reliability
with very low latency capable of delivering and maintaining superb
video quality. 5G is expected to bring greater simplicity and
flexibility to camera signal delivery, which has historically
involved complex combinations of wired and wireless technologies.
As a result, video delivered over 5G holds the promise of reduced
production costs.
5G will create significant opportunity for television
delivery and viewership by enabling broadcasters and
content providers to expand their reach across a wide range of end
devices, while consumers are afforded access to even richer content
on their smartphones, tablets, TVs, and other devices. Today’s
mobile networking standards offer the potential to deliver with
much greater efficiencies than incumbent TV broadcast technologies.
In fact, LTE broadcast capability is an integral part of the 5G
standard, which offers an alternative to traditional satellite,
cable, and terrestrial television distribution – optimizing
bandwidth usage and minimizing distribution costs.
Live events will be dramatically transformed by
5G, especially following the COVID-19 pandemic, which
forced a swift adoption of remote production techniques and
accelerated the transition to IP networks. Broadcasters
increasingly depend on wireless networks for everything from
uploading news stories from the field to using LTE-enabled video
cameras during live sporting events, and 5G will no doubt extend
the bandwidth and boost reliability of these transmissions.
5G’s support for low latency, ultra-reliable,
high-density data is a must when it comes to proliferating VR
experiences and the metaverse, as increased levels of
immersive sensory stimuli are prone to cause nausea and discomfort
if the user’s senses fall out of sync with what their body and
brain expects them to be seeing. In addition, linking future VR
devices to cloud-based GPUs via a 5G connection could help reduce
hardware costs and improve device capability for consumers, with
the potential to encourage greater market adoption.
New codecs like Versatile Video Coding (VVC) and Deep
Neural Network Video Coding (DNNVC) have emerged to support more
efficient transmissions of ultra-high definition (UHD)
content and new services beyond video entertainment made
possible by 5G networks. The compression benefits delivered by
industry’s array of new and existing codecs enables richer video
content to be delivered at lower costs to video providers and with
lower latency to meet broadcaster needs.
With an installed base expected to exceed 3 billion
5G-enabled smartphones by 2027, mobile devices will drive majority
of initial 5G adoption and new video experiences. As the
world’s most ubiquitous device with 4.2 billion units installed
globally in 2021 and a personal penetration rate of 53%, the
smartphone is quickly becoming a “go-to” device for media
consumption for a variety of distribution platforms, from
subscription video on demand (SVoD) services like Netflix, to user
generated content (UGC) on social media platforms such as TikTok or
video sharing sites like YouTube. 5G simply makes the experience
better.
5G will not only unlock entirely new opportunities for video
technology, but also catalyze the improvement and innovation of
existing applications.
“Significant engineering and innovation has shaped the emergence
of 5G and we are beginning to realize the benefits of this enhanced
wireless ecosystem, particularly for video and video-enabled
experiences,” said Henry Tirri, Chief Technology Officer,
InterDigital. “This report in partnership with Futuresource
Consulting highlights myriad applications for 5G in the video realm
where consumers are demanding increasingly ubiquitous and immersive
experience. For fifty years, InterDigital has developed
foundational wireless and video technologies and contributed to the
critical standards that bring us each a step closer to immersive,
realistic experiences in new realms like the metaverse and
beyond.”
“Unquestionably, all existing video applications will be ‘better
on 5G’,” said Simon Forrest, Principal Technology Analyst at
Futuresource. “The challenge now is for industry to develop new
audio-visual experiences that can happen ‘only on
5G’.”
The new report “Video over 5G: New Networks, New Possibilities”
outlines the ways higher bandwidth, lower latency, and new features
like network slicing, enable industry and enterprise to imagine and
develop those new video applications.
You may read the complete report here.
About
InterDigital®InterDigital develops mobile
and video technologies that are at the core of devices, networks,
and services worldwide. We solve many of the industry’s most
critical and complex technical challenges, inventing solutions for
more efficient broadband networks, better video delivery, and
richer multimedia experiences years ahead of market deployment.
InterDigital has licenses and strategic relationships with many of
the world’s leading technology companies. Founded in 1972,
InterDigital is listed on Nasdaq.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
About Futuresource ConsultingFuturesource
Consulting is a market research and consulting firm, providing
organisations with ongoing insight and forecasting across
Enterprise and Professional AV, Consumer Electronics, Content &
Entertainment, Education Technology, Professional Broadcast &
Automotive. Combining strong methodologies with in-depth market
knowledge, Futuresource delivers the latest trends and
technological developments to drive business decision making.
For further information,
visit: www.futuresource-consulting.com
InterDigital Contact:Roya
StephensEmail: roya.stephens@interdigital.com
+1 (202) 349-1714
Futuresource Contact:Vicki
HaywardEmail: -vicki.hayward@futuresource-hq.com+44 (0) 1582
500100
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