- Hollywall Entertainment Inc. currently has a market cap of $73.53 million, attributed mainly to its leveraging of developing technologies
- The company, through HW Vision, a wholly-owned subsidiary, is pushing 5G and banking on its adoption over the coming years, projected to drive a 52% growth in the 5G services market by 2030
- Hollywall is also exploring new ways to create digital equity as it seeks to address the digital divide
- Through its investment in 5G, Big Data, and AI, Hollywall is not only growing its digital marketplace presence but also driving value for its shareholders
Hollywall Entertainment (OTC: HWAL) has positioned itself as a telecommunication, media, infrastructure, technology, broadcasting, and entertainment company. Through its budding list of subsidiaries, the company has achieved a market cap of $73.53 million as of March 2022. For a company founded in 2009, its growth has been incredible and has been primarily attributed to its identification and capturing of high-growth technologies (https://ibn.fm/v7PkQ).
Hollywall is focused on the potential of the digital marketplace, pushing its investment in this sector. Through its wholly-owned subsidiary, HW Vision, the company offers state-of-the-art services, tapping into industries such as video broadcasting, managed internet services, domain hosting, telehealth services, and, most importantly, 5G and fiber network installation services.
In 2021, the 5G services market size was valued at $47.3 billion. Furthermore, it is projected that by 2030, this sector will post a CAGR of 52% over the forecast period (2022-2030), driven mainly by the growing demand for high-speed data connectivity for unified Internet of Things (“IoT”) applications (https://ibn.fm/IHmb4).
The North American market is projected to post the highest growth in 5G adoption over this period, mainly stemming from the proliferation of the internet, along with 5G’s potential to help realize transformation in various industry verticals.
Hollywall is confident that the 5G sector alone has the potential to generate significant interest and market opportunities for the company going forward. Its management also reckons that this industry’s growth will be further complemented by the company’s community-focused initiatives, including but not limited to the development of smart cities.
Even as the company explores other new avenues of revenue and value creation for its shareholders, it continues to bank on 5G technology as one of the key pillars that will define its growth as time progresses. Recently, the company announced its venture into music NFTs with the formation of a new research and development (“R&D”) division that would also explore cryptocurrency technologies, blockchain, and token omics (https://ibn.fm/pLVmA).
Hollywall is also exploring new ways and methods of creating digital equity to address the so-called digital divide between the quality internet haves and have-nots. This has seen the launch of its “Fiber to the People” program, a campaign that acknowledges how the digital divide disproportionately affects the elderly, those living in rural areas and in poverty, as well as the homeless. Its management believes that 5G will be integral to solving this problem and improving society overall (https://ibn.fm/y9DTo).
Hollywall is no stranger to pushing the envelope, sparking conversations, and innovating, particularly when it comes to technology and offering access to the internet. With its growing portfolio of products and service offerings, the company proves that 5G, Big Data, and Artificial Intelligence (“AI”) are the future.
For more information, visit the company’s website at www.Hollywall.com.
NOTE TO INVESTORS: The latest news and updates relating to HWAL are available in the company’s newsroom at https://ibn.fm/HWAL
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