New survey insights released by Syniverse show that 5G is driving the majority (60%) of US mobile service providers to shift their business focus from consumers to enterprise marketplaces with blockchain as a solution to manage the challenges with multi-party coordination of payments, the company said.
These US-based findings are extracted from a global operator study and analysis that research firm Heavy Reading conducted on behalf of Syniverse in early 2019 to provide insights of 5G business drivers and challenges across the globe. The US breakdown of the findings provide a regional look at how mobile service providers are approaching 5G.
The research shows that while 70% of US mobile service providers expect to lead advanced 5G services in a new enterprise-focused, Internet of Things world, they also recognize that they are not yet prepared to solve the payment, partnership and interoperability challenges.
Syniverse helps mobile operators and businesses manage and secure their mobile and network communications, driving better engagements and business outcomes. For over 30 years, Syniverse has been the trusted spine of mobile communications by delivering the industry-leading innovations in software and services.