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HONG KONG (ANTARA/PRNewswire) – NTT Com Asia (NTT) has launched docomo 5G DX Square to build a technology and innovation ecosystem that will provide a major boost to Hong Kong’s smart city development. docomo 5G DX Square is an innovation lab designed from the ground up to allow local innovators to co-develop new AI, Edge and Private 5G (P5G) applications in Hong Kong’s first P5G environment. NTT is the first service provider to receive the Localized Wireless Broadband System (Private) License issued by the Hong Kong Communications Authority (OFCA).
docomo 5G DX Square is a smart city innovation center that brings together critical AI, Edge and P5G mobile connectivity in one location. It provides a high-performance, reliable and scalable platform for startups, enterprises, academic institutions and local suppliers to quickly realize their ideas and confidently transform proofs of concept into real-world prototypes. Powerful wireless connectivity allows innovators to explore and fully exploit the full capabilities of 5G to meet the needs of cutting-edge AI, AR/XR, edge computing and IoT applications.
According to Grand View Research[1]the global private 5G network market size is estimated at USD 2.69 billion in 2024 and is expected to grow at a CAGR of 54.1% from 2024 to 2030, reaching USD 36 billion.
Stephen Tsang, Chief Revenue Officer of NTT Com Asia, said: “The launch of docomo 5G DX Square is critical for NTT to drive the next wave of technological innovation and digital transformation following the acquisition of Hong Kong’s P5G license. Combined with our successful experience in Japan, it will accelerate the adoption of 5G in Hong Kong and catalyze entirely new industries and possibilities, cementing Hong Kong’s position as a leading technology and innovation hub in the region.”
Unlike public 5G networks, NTT’s purpose-built standalone P5G network provides a dedicated, highly secure and reliable wireless connectivity solution, which is critical for smart city use cases that require fast data speeds, ultra-low latency and massive connectivity. By deploying the latest millimeter wave (mmWave) standalone technology, enterprises can fully realize the true benefits of P5G networks, which are an excellent upgrade or replacement for traditional wired or wireless solutions. In addition, due to NTT’s multi-vendor approach, the cost of deploying P5G is significantly reduced, making it comparable to Wi-Fi systems, thereby reducing customers’ capital expenditure and operating expenditure for owning P5G networks. The high degree of customization allows the development of ready-to-deploy IoT solutions for various industries such as construction, manufacturing, healthcare, transportation, and addresses multiple use cases, including vehicle-to-everything (V2X) and medical surgery.
Phil McManus, Director of Business Innovation at NTT Com Asia, said: “P5G is a game changer for enterprises, especially those in the construction, manufacturing, healthcare and transportation industries with uplink-centric applications and mission-critical needs. Combined with cutting-edge technologies, P5G will be the core connectivity enabler for the development of smart city applications, driving innovation and efficiency to unprecedented levels.”
In addition to dedicated P5G infrastructure, docomo 5G DX Square provides innovators with cutting-edge technology, valuable resources and expertise. They can leverage the business knowledge and go-to-market insights of NTT and other partners, and learn from successful business cases in Hong Kong and Japan. They can also use NTT’s extensive expertise to refine strategies and prototypes, expand knowledge from the latest technology demonstrations, obtain direct feedback from potential partners and customers, accelerate time to market and fill potential technical talent gaps.
NTT is inviting innovators, including members of the Innovation Alliance Program launched earlier this year, to join the technology ecosystem and accelerate their transformation journey. As part of this vibrant community, innovators will be encouraged to bring their ideas or solutions to the forefront through collaboration and co-marketing opportunities under a proven co-development framework. This reflects NTT’s overall vision to accelerate 5G innovation and smart city development in Hong Kong by enabling businesses to harness the transformative potential of P5G technology.
For more information, visit: https://www.ntt.com.hk/products-and-solutions/private-5g.
[1] Grand View Research: Private 5G Network Market Size and Share Report by 2030
docomo 5G DX Square is the hub for smart city innovation, bringing together critical AI, Edge and P5G mobile connectivity into a single location.
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Notes to Editors:
- NTT is actively promoting smart city innovation in Hong Kong and has achieved tangible results. The joint development project with City University of Hong Kong (CityU) has achieved remarkable success. Leveraging the docomo 5G DX Square platform, this two-phase project explored the potential of edge AI solutions and P5G connectivity for smart city applications, including AI-driven smart parking and vehicle-to-everything (V2X) deployments in Hong Kong. The program demonstrated the power of combining AI and P5G, paving the way for rapid commercialization and accelerated smart city development in Hong Kong. As a pioneer in P5G innovation, NTT plays a vital role in realizing smart city solutions through P5G.
- The second phase of the joint project with CityU, commissioned by the Hong Kong Special Administrative Region Government, will study the feasibility and benefits of P5G as a connectivity enabler for the deployment of V2X in Hong Kong.
- Professor Jianping Wang, Chair Professor of Computer Science at City University of Hong Kong: “NTT’s P5G is a core enabler for the development of smart city solutions. Paired with disruptive technologies, P5G’s unparalleled speed, security and reliability enable us to create and test mission-critical applications that were previously impossible. Our collaboration with NTT leveraging the docomo 5G DX Square is a perfect example of how the P5G environment combined with advanced technologies is an important step towards achieving the vision of a truly connected smart city.”
About NTT Com Asia
NTT Com Asia Limited (“NTT”) is part of NTT Group, a world-leading telecommunications and ICT service provider, committed to providing the best ICT infrastructure and disruptive technologies for a smarter world. Leveraging the leading enterprise mobility technology of Japan’s docomo business, we launch cutting-edge and market-ready IoT, AI and other digital solutions to support enterprises in their mobile-first strategy as they go digital. For more information, please visit: www.ntt.com.hk.
Source: NTT Com Asia
Reporter: PR Wire
Editor: PR Wire
Copyright © ANTARA 2024
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