5G Our research correspondent has attended MWC Barcelona in 2018, 2019, 2022 and 2023. When he attended MWC Barcelona 2019, there were the same words in almost everywhere in the […]
Our research correspondent has attended MWC Barcelona in 2018, 2019, 2022 and 2023. When he attended MWC Barcelona 2019, there were the same words in almost everywhere in the event. They were “5G” or “smart”.
5G is the 5th generation mobile network. It is a new global wireless standard after 1G, 2G, 3G, and 4G networks. 5G enables a new kind of network that is designed to connect virtually everyone and everything together. Its applications are machines, objects, and devices.
5G wireless technology can deliver higher multi-Gbps peak data speeds, ultra-low latency, more reliability, massive network capacity, increased availability, and a more uniform user experience to more users. As a result, many companies tried to make use of 5G wireless technology to offer “smart” services.
Thanks to its ultra-low latency, 5G wireless technology can connect several devices without delays. Multiple devices are working together, and a device can improve its services based on data. We can describe this kind of process as “smart”.
At the time, 5G wireless network was new and that is why there were many indications about 5G. After 4 years, 5G wireless technology has been available more than 2019. Thus, it is not a new technology now and there were few indications about it MWC Barcelona 2023. At the same time, he found a new thing, which was more Indian companies in the event.
Markets in India
One of the major Indian companies that used a larger space in MWC Barcelona 2023 was Infosys. Infosys Limited is an Indian multinational information technology company that provides business consulting, information technology and outsourcing services. The company was founded in Pune and is headquartered in Bangalore. When he saw the exhibited space of Infosys, he felt that the presence of the Indian companies was getting bigger.
Many experts think that the Indian market may be the most important market in the future. In fact, several data implies that population of India will surpass that of China in 2023. It means that India becomes the most populous country in the world. In addition, one of its official languages is English. Also, the country is the most populus and democratic country.
That is why western companies have tried to enter many markets in India. However, their challenges sometimes have not met their expectations. For example, Ford, which is the American automotive giant, became the latest company to stop manufacturing its vehicles in India.
Even though its population and English-speaking people are attractive, many companies have needed energy, money, patience, luck and others to succeed in India. A guy, who is a Japanese banker, once worked in India and shared his thoughts to us. Suzuki, which is a Japanese automotive manufacturer, has currently top share of the Indian automotive market. We know this fact and it did a great job in India. However, even Suzuki needed more than a decade to realize its position there.
Thus, how to succeed in the Indian market can be one of the most important issues for many companies. We try to gain and share insights about this as well.