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Ericsson: 5G Tech a Gateway to the Metaverse

News Feed - 2022-10-18 05:10:15

Ericsson: 5G Tech a Gateway to the Metaverse


Ericsson, the Swedish telecom hardware and services company, has linked the use of new technologies, such as 5G, with the use of metaverse platforms. According to a study, users that have 5G data services have been spending more time in the metaverse and extended reality apps, and believe these will migrate to headsets in the next two years. Ericsson Study Reveals 5G Is a Metaverse Enabler


A recent study issued by Ericsson, the Swedish telecom giant, deals with the effects powerful data transmission tech — like 5G — have on the adoption of metaverse and extended reality tech. The study, which includes Ericsson’s tracking data since 2019, surveyed 49,000 consumers in 37 countries and is said to be representative of the opinions of 1.7 billion users worldwide.


Data from the study revealed that users of 5G are more interested in immersive technologies than their 4G counterparts. 5G users are already spending one more hour per week on metaverse-related platforms and services as compared to 4G users. Also according to the report, 5G tech is expected to reach 510 million consumers this year, so this metaverse adoption is also expected to grow accordingly.


At a global level, six out of ten 5G adopters believe that this technology is “essential” for the metaverse to reach its full realization. Carriers can benefit from the bundling of their own metaverse applications with 5G plans, according to the study. Telefonica, a Spanish carrier, and NTT Docomo, a Japanese carrier, are already taking steps to be able to offer metaverse experiences to their users in the future. Metaverse Expected to Migrate


However, users of 5G data believe one thing according to the study: The metaverse will surely migrate to other, more immersive platforms in the future. The survey found that half of the 5G customers that are already using metaverse and extended reality apps believe these services will migrate to XR (extended reality) headsets in the next two years.


The results of the survey were surprising for the company. About this, Jasmeet Singh Sethi, head of Ericsson consumerlab, stated: It is interesting to note that 5G is emerging as an important enabler for early adopters to embrace metaverse-related services, such as socializing, playing, and buying digital items in interactive 3D virtual gaming platforms. The amount of time spent on augmented reality apps by 5G users has also doubled over the past two years. Tags in this story 4G, 5G, Augmented Reality, carrier, ericsson, extended reality, headsets, NTT Docomo, swedish, Telecom, telefonica


What do you think about the relationship between 5G tech and the usage of metaverse platforms? Tell us in the comments section below. Sergio Goschenko


Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved. Meta Still Struggling for Its Metaverse to Find Its Legs METAVERSE | 2 days ago Japanese Telecom Giant NTT Docomo Launches $412 Million Metaverse Unit METAVERSE | 7 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons, Sundry Photography / Shutterstock.com Previous articleBlockchain-Based Platform Created by Saudi Students Places Third in National Women’s Coding Competition Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItFidelity Investments Launches Crypto, Metaverse ETFs — Says "We Continue to See Demand"


Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. "We continue to see demand, particularly from young investors, for access ... read more.SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse Interest in Real Estate Investments in Spain Grew 400%, With Some Using Crypto and Stocks as Payment Method Ethereum Foundation"s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether

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