5G is a Game-Changing Technology That is Transforming Industries

Tajammul Pangarkar
Tajammul Pangarkar

Updated · Oct 10, 2023

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“According to 5G Statistics, There are 236 million global 5G subscriptions. The number of subscriptions is expected to grow to the number of three billion before 2025. In April 2021, there were 683 total 5G, and LTE deployments worldwide.”

Editor’s Choice

  • 5G is the most recent generation of mobile technology, after 4G and dating back to the initial 1G technology established in the 1970s.
  • 1G gave data transmission speeds of 2.4 Kbps; 5G is planned to give data transmission speeds of up to 20GB/s (approximately 8.3 million times faster) under certain scenarios.
  • 5G’s decreased latency speeds (the time between a device receiving an instruction and completing the operation) can be as low as 1 Ms, compared to 4G’s 200 Ms.  
  • Because our eyes have a lag of roughly 250ms in responding to visual stimuli, 5G is more technologically advanced than our eyes in responding to commands.
  • 5G will connect more than one million mobile devices per square mile.
  • The number of 5G-connected devices is roughly three times the world’s population.
  • Smartphones connecting to 5G will enjoy download rates of roughly 87.5 MB/s. Compare this to 4G, which can provide 1.87 MB/s. It is self-evident that 5G is 20 times faster than 4G.
  • 5G is predicted to have 1,000 times the capacity of 4G.

General 5G Statistics

  • 5G is an exciting technology that both consumers and service providers are looking forward to. 5G statistics illustrate the predicted growth in volume for 5G handsets as well as revenues for the 5G chipset market. Top OEMs are likewise increasing their 5G patent portfolios in order to be first in 5G contests.
  • There are 236 million 5G subscribers globally. In 2025, the number of subscriptions is predicted to reach 3 billion.
  • The total number of 5G and LTE deployments worldwide in April 2021 is 683.
  • There are already 135 5G networks in the world that are compliant with 3rd Generation Partnership Project (3GPP) specifications.
  • By 2021, 5G smartphone sales will account for 40% of all worldwide smartphone sales. It is expected to rise to 69% by 2025.
  • By 2021, the United States will have received 89.5 million 5G cell phones. 5G smartphone sales will reach 153.3 million units by 2025, growing at a 35.6% yearly rate.
  • Automotive and consumer electronics are estimated to hold 21.7% of the 5G infrastructure in 2025. In comparison, industrial applications will have a 20.1% share, while utilities and energy will have a 15.7% stake.
  • The market for 5G chipsets is predicted to increase at a 41% annual rate to $3.55 billion by 2021 and $22.86 billion by 2027.
  • Samsung leads the market for 5G smartphones in the United States, with a 74% share. It comes in second place, trailing LG (15%) and OnePlus (11%).
  • Huawei is home to 15.39% part of 5G families having patents. Huawei follows Qualcomm (11.24%), ZTE (9.81%), and Samsung (6.7%).

5G Coverage by Country and Region

  • In the fourth quarter of 2020, North America accounted for 89.33% of global LTE connections. Oceania, East and Southeast Asia (78.46%), Western Europe (69.73%), and Latin America and the Caribbean (57.59%) are close behind.
  • The government is significantly investing in 5G technology in the hopes of establishing a hyperconnected public sector. For example, China has set out more than $30 billion for 5G research and development over the next five years. In comparison, the European Commission has set aside $1 billion for 5G in their Horizon 2020 initiative.
  • South Korea has the fastest download rates for 5G, with 354.4 Mbps. Saudi Arabia, on the other hand, has the fastest maximum 5G download speed of 862.6 milliseconds. Furthermore, the Netherlands has the fastest 5G upload speed of 32.5 Mbps.
  • Commercial 5G will be available in 1,336 cities across 62 nations by 2021.
  • In Asia, there are 528 cities having 5G coverage. In comparison, the number of cities with 5G coverage in EMEA. Furthermore, 5G is available in 349 cities around the United States.
  • China has the most cities with 5G service accessible, with 341 cities. This is followed by China, the United States (279 cities), and South Korea (85 cities).
  • By 2021, 5G coverage has increased by a remarkable 350%, including 13536 cities. This indicates that 5G is available in 30% of the world’s countries. Previously, there were only 378 cities with 5G coverage.
5G

Benefits of 5G Statistics

However, both consumers and businesses can benefit from 5G technology in different ways. Businesses, for example, can build smart factories with 5G capabilities. 5G is also expected to provide employment over the next ten years or so. The biggest benefit for consumers, however, is increased speed and reduced latency. Furthermore, many customers expect that 5G will be able to replace fixed broadband.

For Businesses

  • In Europe, the benefits of a complete 5G market implementation for open platforms for innovation are expected to run EUR46 billion. The benefit of this will be equal to around EUR208 billion.
  • Europe’s smart production industry is expected to reap the most from the full deployment of 5G in the amount of EUR90 billion.
  • Businesses can reap the benefits of 5G technology in just one to three years if it is deployed in campus or private use instances. One example is manufacturing settings.
  • 5G technology will create $13.2 trillion in sales-enabling in 2035.
  • The value chain of 5G globally is predicted to create 22.3 million jobs by 2035. This is 3.4 times more than the number of jobs and economic output back in the year 2019.

For Consumers

  • The users will benefit from 5G’s enhanced speed of up to 10Gbps, which is between 10 and 100 times quicker than 4G and 4.5G networks.
  • 5G speeds enable users to download a two-hour film in a mere 10 seconds.
  • One of the primary benefits of 5G is its lower latency, defined as the time between the sending and receiving of information. 5G has a latency of 1 millisecond as opposed to 200 milliseconds in 4G.
  • 76% of customers think of 5G fixed wireless connectivity (FWA) as a compelling choice for wireless broadband.
  • Smart rural clusters in Europe will reap EUR73 billion, while urban clusters will gain EUR33 billion.

5G Expectations Statistics

The public is anticipating many things from 5G-based services. They typically anticipate an increase in speed and coverage. But, when it comes to if 5G will live up to its promises the results are mixed. Some say it’s not delivering on their expectations, and others believe it isn’t. In all cases, the majority of people are happy to get 5G service in their region.

  • 26% of people within the US believe that 5G could far outdo expectations, and believe that 5G will offer more connectivity. However, 28% of those who believe that 5G could just a little overestimate their expectations said the same.
  • 27% of users in the US are expecting to pay between 1 and 10% more for 5G services over their current plans. 21% expect to pay 11-20% more, whereas 21% to 31% of respondents anticipated paying an additional 14%.
  • 38% of respondents from developing nations said they will “certainly make a change and pay more” as 5G provides better quality video and audio. Only 12% of those who responded were of advanced nations.
  • In a survey of the telecoms sector, the majority of those surveyed said that 5G has exceeded their expectations. However, 24% of respondents stated that 5G was not as great as they expected. However, 11% said 5G is more impressive than they had hoped for.
  • 72% of respondents said they expect 5G to speed up the performance of the mobile internet. A further 49% of respondents said they hope to see better coverage of services on mobile devices. Furthermore, 36% said that they expect the creation of innovative and new services.
  • Seven of ten customers expressed excitement about the possibility of 5G coming to their market in the coming months. However, 4 out of 10 customers expect 5G to be available present in their market within the next year.
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Tajammul Pangarkar

Tajammul Pangarkar

Tajammul Pangarkar is a CMO at Prudour Pvt Ltd. Tajammul longstanding experience in the fields of mobile technology and industry research is often reflected in his insightful body of work. His interest lies in understanding tech trends, dissecting mobile applications, and raising general awareness of technical know-how. He frequently contributes to numerous industry-specific magazines and forums. When he’s not ruminating about various happenings in the tech world, he can usually be found indulging in his next favorite interest - table tennis.

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