Consumers Ready to Pay More for 5G Plans With Bundled Digital Services: Report

Published by
Tanay Singh Thakur

Ericsson 5G

The next-generation connectivity technology, 5G, has got consumers, governments, and businesses around the world excited. 5G is poised to change how people behave and interact with each other digitally. More importantly, 5G will enhance the role of Internet of Things (IoT) products majorly. Now, according to an Ericsson ConsumerLab report, consumers are willing to pay up to 50% more for 5G plans bundled with digital services than what they pay for their 4G plans.

5G to Drive Digital Transformation and Help With Industry 4.0 Applications

Note that the report from Ericsson is focused on the survey conducted on the Indonesian people. Indonesians are very excited about the upcoming age of 5G connectivity and hence are willing to pay more for the service.

One thing to note here is that users were ready to pay 50% more for 5G plans only when they got bundled digital services with them. 5G will enable users in Indonesia to stream very high-quality media content directly from the internet on their devices.

The report highlights that Indonesian users who are already consuming 5G services are spending more time on the Augmented Reality (AR) apps compared to the users consuming 4G services. This stat is not a surprising one since the same results are expected in all parts of the world which have live commercial 5G networks.

Ericsson said that Indonesians are expected to spend around 7.5 to 8 hours per week on AR apps, and cloud gaming as the adoption rate of 5G grows in the country. Indonesians have very high expectations from their 5G networks. As per the Ericsson report, Indonesian people believe that 5G will provide users with at least 10x more speed than what 4G provided.

Not only that, but 5G is expected to offer ultra-low-latency, which will bring never seen use cases of mobile networks into play. Ericsson said that 19% of the Indonesian population already own a 5G compatible smartphone. In the first two years of live commercial 5G networks being made available, around 5 million Indonesians are expected to purchase a 5G smartphone.

With time, more and more low-cost 5G smartphones will be available in Indonesia, and that will further drive the adoption rate of the technology in the country.

Tanay Singh Thakur

Tanay is someone with whom you can chill and talk about technology and life. A fitness enthusiast and cricketer, he loves to read and write.

Published by
Tanay Singh Thakur

Recent Posts

Realme Techlife Watch SZ100 Budget Smartwatch Launched in India

Realme during its Realme Narzo 50 5G series launch event has introduced a new smartwatch…

Realme Narzo 50 5G Series Launched in India – Specifications and Pricing

Realme has finally launched its Realme Narzo 50 5G series in India on Wednesday. The…

Poco C40 and C40+ Officially Confirmed to be in the Works

The popular smartphone manufacturer Poco is apparently gearing up for the launch of a new…

BSNL Prepaid Plans Under Rs 500 That Are a Steal

The Indian telecom sector is dominated by the three private players – Reliance Jio, Airtel…

Vodafone Idea and C-DoT Sign MoU to Develop and Deploy IoT/M2M Solutions in India

Vodafone Idea Limited (VIL), the third-largest telecom operator in the country, has just announced that…

iPhone 14 Launch Event Date Leaked, More Products to Launch on Same Day

Apple is expected to launch the iPhone 14 series later in September this year. According…

Airtel Performed Way Better than Jio, Vi in Q4 FY22

The financial results for March 2022 quarter are out for all the private telecom operators…

Wi-Fi 6E Routers Add New 6 GHz Band, Should You Upgrade

Wi-Fi 6E routers are the next generation router technology that consumers will get to witness.…

Is 4G Enough for BSNL to Turn Things Over

4G networks from Bharat Sanchar Nigam Limited (BSNL) will be available in multiple parts of…