Gartner Insights Abstract

5G Buying Propensity by Industry Vertical

Published: 07 March 2024

Summary

Vendors’ and service providers’ growth opportunities in 5G for the enterprise have been highly touted, but mostly have yet to be realized. Product leaders at CSPs should review Gartner’s latest survey findings to learn about the propensity to deploy 5G by vertical industry.

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Overview

Key Findings
  • Responses to the 2024 Gartner CIO and Technology Executive Survey show strong variation by industry on the propensity to invest in 5G technologies and services over the next 24 months. Oil and gas companies have almost three times the propensity to deploy 5G technologies than financial services or insurance companies.

  • Oil and gas and manufacturing are the industries recognizing more-immediate potential from the deployment of 5G technologies. Almost a third of the respondents from these industries have plans to deploy 5G in the short to medium term (that is, within the next 24 months after the survey was conducted).

  • Across

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