The much-anticipated 5G began commercial use in some countries last year, including South Korea, the United Kingdom and Spain, and more will be available this year and in the years ahead. The growing number of countries joining the commercial use of 5G means there will be significant investment in 5G, with the global mobile systems association (GSMA) predicting that global mobile operators will spend nearly $900 billion on 5G over the next six years, according to a new report.
In its new report, 'the Mobile Economy,' the association estimates that between 2020 and 2025, Mobile operators worldwide will spend $1.1 trillion on capital spending, with 80 percent going to 5G.
5G accounts for 80% of the $1.1 trillion total, which means global mobile operators, will spend as much as $880 billion on 5G over the next six years.
Of course, the high investment of global mobile operators in 5G will also bring high returns, which will also drive the development of other industries.
Manufacturing, utilities, professional services and financial services, among others, are expected to reap significant benefits from 5G, which could add $2.2 trillion to the global economy by 2034, according to the GSMA report.
Global system for mobile communications association, however, in the report also pointed out that the current and future a period of time, occupy the mainstream is not operators will also invest heavily in 5G, who is mentioned in the report, by the year 2019, 4G mobile communications industry is still one of the most popular technology, with the share is as high as 52%, and by 2025, the share will be increased to 56%.
In its latest report, GSMA also noted the state of the global 5G commercial sector, noting that 46 operators in 24 countries had rolled out 5G commercial networks by January of this year since the rollout of 5G, and that 20 percent of the world's users were expected to be connected to 5G by the end of 2025.
