5G technology is increasingly adopted in Asia, because operators invest billions of US dollars to deploy the latest generation of networks.
Mobile operators are starting to invest USD370 billion to build a new 5G network between 2018 and 2025, according to the latest Asia Pacific edition of the GSMA Mobile Economy series, which is published in Shanghai MWC19.
After South Korea, there are 24 Asia Pacific markets that will launch 5G in 2025. It is estimated that 5G contributes almost USD900 billion to the Asian economy over the next 15 years.
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5G Technology in China
In China, 5G has been tested in all major cities and provinces, including Shanghai, ahead of the commercial launch next year. It is estimated that 28 percent of China’s mobile connections will run on 5G networks in 2025.
“Although 4G still has a lot of headroom to grow in Asia, operators in the region are now investing billions in building 5G networks that facilitate the arrangement of new services for consumers, industrial and manufacturing transformation and drive economic growth,” explained Mats Granryd, GSMA Director General.
“Because 5G will be a reality, we contact governments and regulators in the region to actively form a profitable business environment, which encourages investment in the leading networks and enables operators to expand new generation digital services to Asian communities,” he explained.
Mobile operators are expected to invest USD574 billion in new networks between 2018 and 2025. USD370 billion are spent on new 5G networks. China alone is expected to invest USD184 billion in the 5G in 2025.