A recent projection has revealed that 5G connections will grow to account for about a fifth of total mobile connections by the end of 2025. This would have 5G connections reach almost 2 billion.
According to a MobileWorldLive report, a GSMA forecast has stated that connections of the newer and faster bandwidth would hit 1.8 billion by the end of 2025. In other words, this would account for about 21 percent of the overall connections, with regions like the Asia Pacific and North America registering the highest adoptions in the world. Although, nearly half of all 5G connections will be from China as it is expected to reach 828 million connections by 2025.
The industry group shared this news on its latest Mobile Economy report in which it added that two in five people are expected to live within the reach of a 5G network within a couple of years. GSMA also stated that the adoption of the technology will represent 53 percent of total connections in Australia, Japan, Singapore, and South Korea. ON the other hand, China alone would be responsible for half of all global 5G connections.
Similarly, the new telecommunication generation will also be accounting for 51 percent of all mobile connections, reaching 219 million by the year 2025. Furthermore, mobile technologies and services would also contribute a sizeable 4.4 trillion US Dollars to the global GDP in 2020 (up from 4.1 trillion US Dollars in 2019), and are expected to reach 5 trillion US Dollars by the end of 2025.
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