Blockchain Applications in 5G
A top leader in 5G technology requested insights into blockchain applications to find competition in the space. The study identified market-fit technology and top competitors and hatched the go-to-market plan. The client got the SWOT analysis and understanding of executing blockchain technology in 5G.
Client Background:
The client was a leading player in providing services and products related to 5G technology. It sought assistance for blockchain applications in 5G technology and identified companies working to provide solutions for these applications.
Engagement Objective:
The objective of the study was to conduct product-market fit analysis and derive a go-to-market strategy to provide a detailed insight into blockchain application in the 5G market by
- Identifying a market entry strategy, strengths, weakness, threats, and opportunities that enable the client to choose the right path to meet its aspirations in the 5G market
- Developing a high-level strategic plan to ensure the client takes the right steps to successfully implement the chosen entry strategy
- Identifying supplier/customer power, industry rivalry, and entry/exit barriers
- Benchmarking the key players and their products to analyze across various stages of the study
Client Impact:
Several business insights were generated from this portfolio analysis. The study provided information on companies working to introduce blockchain in 5G technology and identified the company objectives regarding the introduction of blockchain in 5G.
Insights on the companies’ objectives in introducing blockchain technology in the telecom sector and market opportunities for applying blockchain in 5G technology.
