The 5G revolution is upon us. Globally, organizations are embracing the opportunities presented by agile, adaptable, and always-on wireless technologies that help them optimize business processes, deliver new products and services, and improve collaboration among employees and partners. In this dynamic business landscape, businesses are increasingly reliant on intelligent network solutions to meet evolving customer needs and foster innovation. The expansion of 5G is happening faster than the previous generations of mobile technologies—it took nearly 12 years for 3G technology to reach 1 billion users and approximately 4.5 years for 4G; 5G will reach this milestone in less than three years globally. According to the GSMA, an industry association representing the interests of mobile operators worldwide, 5G technology is set to overtake 4G technology in 2023 in North America, with the United States considered a global leader in terms of 5G device adoption and data usage.

5G deployments need advanced monetization solutions. As 5G penetration increases globally, the use of next-generation charging, policy, and other related technologies that form part of the modern business support system stack will increase. Frost & Sullivan considers 5G revenue management and monetization as a subset of 5G business support system solutions.

Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.