Study: Over 80% of IT leaders plan to deploy 5G in the next 2 years

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Survey reflects the acceleration of private 5G networks as organizations look to improve security, reliability, and speed.

This week NTT released a CIO Survey Report that shows a planned surge in the deployment of private 5G networks. The report reveals insights from a survey of 216 CIOs and senior decision-makers from the UK, US, Japan, and Germany. It examines the industry challenges around the implementation and adoption of private 5G. The report shows a significant interest in private 5G networks. In fact, 90% of executives responding said that private 5G will become the standard network choice.

NTT partnered with the Economist Impact to conduct the study. They found that just over half of companies (51%) that plan to deploy private 5G will do so in the next 24 months. The reasons for the deployment are to improve security, reliability, and speed. Moreover, 30% of these respondents are already deploying or are in the process of deploying a private 5G network.

The most significant interest is from German organizations. Fully 40% of German businesses are deploying private 5G networks. This is followed by 28% of UK firms, 26% of Japanese firms and 24% of American firms.

The majority (80%) of executives agree that Covid-19 has made it easier to secure the budget needed for 5G deployment. This attitude is strongest in Germany (93%), followed by the US (83%), the UK (77%) and Japan (65%).

Cyber threats are driving private 5G adoption

The rise of ransomware is pushing the move to 5G, according to the study. It says CIOs are looking for ways to shore up their defences against increasingly sophisticated attacks. The report finds that 69% of executives agree that the security of their current infrastructure is not strong enough. Other focal points include the control of enterprise data (48%), coverage and speed (43%) and the response time (latency) of their current service provider (40%).

When compared with technologies such as Wi-Fi and Public 5G, private 5G networks provide significantly more security capabilities, NTT says.