According to Statista, there will be 4.78 billion mobile phone users across the planet by the year 2020. By 2025, most of these users will connect via 5G.
Eighteen countries began deployment of 5G networks in 2019, climbing to over one-fifth of the world’s countries by 2020. 5G tech alone is expected to make up 2.2 to 3 Trillion dollars of the world’s economy over the next 15 years alone. South Korea, the US, and Japan will dominate share, although in raw numbers (in millions) China and Europe will lead [Projected by GSMA in 2019]:
- South Korea at 59% 37 million 5G connections
- US at 50% 189 million 5G connections
- Japan at 48% 95 million 5G connections
- China at 29% 454 million 5G connections
- Europe at 29% 203 million 5G connections
- GCC States at 16% 18 million 5G connections
- LATAM at 8% 62 million 5G connections
- North Africa at 5% 15 million 5G connections
Although the United States launched the first commercial 5G services in 2018 — and currently have twice as many 5G instals as any other nation — the APAC region is projected lead in terms of new 5G investment in the next seven years. Mobile World Live reports that Japan, China, and South Korea will invest more than $280 billion in the technology between 2019 and 2025.
Global 5G Landscape Report
According to the Global 5G Landscape Report, China will be the single largest mobile market, leading in numbers of connections to 5G by 2025. China’s main focus initially is on enterprise use and digitally transforming the economy. South Korea tends to push the consumer use cases. Japan’s focus is ensuring a high quality of service for 5G users from day one. The United States is continuing their success model with 4G by encouraging private-sector investment and competition.
Specifically mentioned in the report were these world leaders: AT&T, China Mobile, China Telecom, China Unicom, Ericsson, Huawei, KT, LG, LG Uplus, Nokia, Samsung, SK Telecom, Sprint, T-Mobile, Verizon, and ZTE.