5G empowers the big video industry, a trillion market prospects can be expected

At present, my country's 5G progress is rapid. According to data from the Ministry of Industry and Information Technology, as of 2020, my country has built and opened 718,000 5G base stations, accounting for 70% of the world. At the same time, 5G users have exceeded 300 million, and 5G networks have basically achieved initial coverage in major cities. In this context, my country plans to further speed up 5G construction in 2021, so that the total number of 5G base stations will exceed one million by the end of the year.

The continuous acceleration of 5G construction naturally drives 5G applications. As one of the main directions of the current 5G empowerment industry, "5G + video" is currently continuing to grow and deepen. Not long ago, the industry issued a professional report, which showed that relying on 5G network construction and deployment, my country's ultra-high-definition video industry is expected to exceed 4 trillion yuan in 2022, and the market prospects and potential are very huge.

Ultra-high-definition video is only one manifestation of 5G's empowerment of the big video industry. In addition, 5G can also promote the development of immersive video and interactive video. For the big video industry, relying on 5G's high-speed, low- latency, and large-capacity effect on the video itself and the upgrading of AR/VR and other related equipment, it can make video ultra-clear, immersive, and highly interactive to become the mainstream.

Based on this, the application of 5G can not only change the big video industry itself, but also influence and drive the common development of the upstream and downstream industrial chains, such as radio and television, medical imaging, security monitoring, and so on. Up to now, domestic and foreign companies including Alibaba, Tencent, Huawei, Sony, BOE and other companies have all targeted this track, and the development of the industry is exploding with vigorous vitality and strong potential opportunities.

However, although the development of "5G + video" is very popular and the prospects are also exciting, there are also many problems at this stage. In particular, the two aspects of funding and energy consumption are restricting the commercial implementation of 5G. At the same time, the lack of industry standards and related specifications also hinders the progress of 5G in the video field. These make the "5G + video" far-reaching and far-reaching challenges and difficulties..

Specifically, funding and energy consumption issues are common issues for 5G applications. No matter which field it is applied in, on the one hand, due to the large investment in the construction of the base station in the early stage, on the other hand, the high cost of operation and electricity in the later stage makes 5G face financial difficulties. At the same time, the power consumption of 5G base stations is 1.5-3 times that of 4G, and the construction density is high, which also leads to huge overall power consumption during 5G applications.

For the solution of these two major problems, more need to rely on the government. The government needs to introduce relevant policies to provide financial and dividend support for 5G construction, or coordinate relevant departments and resources to reduce 5G operating costs, thereby reducing the burden on enterprises. At the same time, the government also needs to encourage and support enterprises to upgrade technology, integrate industry resources to overcome common problems, and help break through.

The lack of "5G+Video" industry standards and related specifications is a key issue that affects deepening development. The field of multi-player layout can be described as a hundred schools of thought and a hundred flowers blooming. If each player builds his own set of gameplay and rules, it will undoubtedly be a challenge for the industry's ecological construction. Based on this, if the industry is to truly mature and become a whole, standards and regulations need to be established urgently.

The good news is that since 2019, the state and local governments have made efforts in this regard. For example, in 2019, the country issued the "Ultra HD Video Industry Development Action Plan (2019-2022)", in 2020, the "Ultra HD Video Standard System Construction Guide (2020 Edition)" was also officially released, and in the same year, the National Radio and Television released the "Radio TV Technology Iteration" Implementation Plan (2020-2022).

The release of these standards and the government's emphasis on the construction of the "5G + video" standard is undoubtedly of great significance to the development of the industry. In the future, with the gradual resolution of related issues and the continuous construction and improvement of the industry ecology, "5G + video" is expected to become an important model for 5G applications. We may as well keep looking forward to this!

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