The increased 5G network adoption will boost cloud video revenue from $5B in 2019 to $67.5B in 2024, with a CAGR of 67% according to ABI Research. The Gaming industry is also set to get a boost, with 5G networks and edge computing enabling a fully immersive environment using the cloud. The research also predicts up to 119M cloud gaming users by 2025, buoyed by faster 5G networks.
Cloud video revenue might get 5G boost, to hit $67.5B by 2024
Source: ABI Research