According to a new Market Data forecasts from ABI Research (www.abiresearch.com), it will take more than five years for 5G to reach 100 million subscriber mark — two years longer than 4G.
4G subscriber growth was much faster than with previous generations, fueled by the capabilities of increasingly powerful smartphones and the availability of 4G devices. 5G subscriber growth will likely be a bit more muted at first due to the increased complexity of 5G cells and networks, but will pick up in 2023.
"There are a number of commonalities between countries that are early builders of 5G networks. They have a large population, of which a large percentage is living in urban areas. They also have many companies pushing the envelope with IoT strategies. These countries will drive 5G subscriber volumes" says Research Director Philip Solis. "These are the United States, China, Japan, South Korea, and the United...| Read more »