5G, $ 900 billion to the Asian economy over the next 15 years

01/07/2019

 

Asian mobile operators will invest $ 370 billion in the construction of new 5G networks by 2025

 

The 5G will contribute, with nearly $ 900 billion, to Asia’s economy over the next 15 years, said the Global System for the Alliance for Mobile Communications (GSMA) during the Mobile World Congress (MWC) held in Shanghai.

The report, published by MWC, pointed out that Asian mobile operators are set to invest $ 370 billion, which represents two-thirds of their total investment in new networks, in the construction of new 5G networks between 2018 and 2025.

 

Meanwhile, 4G mobile technology will account for over two-thirds of connections in Asia

 

“Although 4G still has ample room for growth throughout Asia, operators in the region are investing billions of dollars in building advanced 5G networks that are providing a range of new services to consumers, improving the industry and production. and driving economic growth “said Mats Granryd, general manager of the GSMA.

As a result, by 2025, around 18% of mobile connections will work on 5G networks. Meanwhile, 4G mobile technology will account for over two-thirds of connections in Asia by 2025, increasing from 52% of that of 2018.

 

China is currently testing 5G in all major provincial cities and regions

 

Considered a leader in 5G application launches, China plans to invest US $ 184 billion in 5G by 2025, the report said.

China is currently testing 5G in all major provincial cities and regions, including Shanghai, ahead of commercial launches next year. It is expected that 28% of China’s mobile connections will operate on 5G networks by 2025, representing about a third of all 5G connections globally.

The development of mobile technologies will drive the economy of the region. GSMA predicted that mobile technologies and services in the Asia-Pacific region will generate 1.9 trillion US dollars by 2023, increasing by $ 1.6 trillion, or 5.3% of the region’s GDP, in 2018.

 

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