Report: 1.3bn 5G Mobile Connections by 2026

As the use of smartphones and tablets on 4G LTE networks has grown dramatically, the demand for mobile data services has also increased. 5G is the wireless and mobile industry’s solution that will provide high quality mobile data services to satisfy mobile consumers’ demands, as well as the need for widespread IoT (Internet of Things) connectivity.
5G is an ecosystem, defined by ITU-R’s IMT-2020 5G standard that has the goal of improving the connectivity experience of the mobile consumer and enterprise.
The first 5G networks are not expected to be deployed before 2020, with the first commercial services launched in 2021.
However, the current LTE and LTE-Advanced network, including all improvements made to them between now and 2020, will lay the foundation for the 5G network. Unless the ground work is completed with LTE in the next few years, 5G IMT-2020 will not be launched commercially by 2021.

�How is the 5G market expected to develop globally? And how much bandwidth will IMT-2020 networks likely have to deliver?
iGR, a market research consultancy focused on the wireless and mobile industry, has recently published a market study that answers these questions. The study presents a model for the global development of 5G markets from 2021 to 2026, including the number of 5G connections and the amount of data used on the 5G networks in each region of the world. This model estimates that 5G connections based on the IMT-2020 standard will start slowly in 2021 and grow to 1.3 billion in 2026.
“Although much of the discussion surrounding 5G has involved the Internet of Things, 5G is expected to be used for many other use case scenarios, as well,” said Iain Gillott, President and Founder of iGR who is chairing the second day of 5G World in London this week.
“By looking at the many potential uses, services, and applications, iGR has built a model of how the 5G networks and markets could develop — both in the number of connections and in the amount of bandwidth used.”

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

DataPro: Beyond the Balance Sheet: A Thorough Approach to Ratings

“In today’s complex financial world, your creditworthiness is your...

NAICOM Pledges Support for Lagos State Building Insurance Scheme

Keynote Address by Mr. Olusegun Ayo Omosehin, Commissioner for...

Nigeria’s $2bn Renewable Energy Investment Yields Only 76,000 Jobs, REA Flags Local Capacity Gap

Dr. Abba Aliyu, Managing Director of the Rural Electrification...

Ecobank Nigeria Launches Scaling Up Podcast to Champion African Entrepreneurship, Business Growth

Ecobank Nigeria has launched Scaling Up!!!, its flagship business...

DataPro Unveils Date, Registration for 6th International Rating Webinar

The anticipation is already building for the 6th Edition of the...

Topics

NGX Group Chair: AI Will Enhance Efficiency in the Nigerian Economy

L-R:  Thaibat Adeniran, former Managing Director, Hilal Takaful Insurance...

SEC Pledges Support for Insurers on Recapitalisation

The Securities and Exchange Commission has pledged to...

Linkage Assurance Customer Service Week 2021

L-R: Head, Oil and Gas, Anthony Saiki; Executive Director,...

North, South East Ranks Low in Protein Consumption by 45%

The North and South East regions of the country...

Stanbic IBTC Graduates 2nd Batch of Digital Trainees

Stanbic IBTC Holdings PLC, a member of Standard Bank...

IPEN Roundtable Targets Consumer Satisfaction in Insurance, Pension Sectors

Stakeholders in the financial services sector are expected to...

Insurance Capital: U.S. Federal Reserve Meets Today

The U.S. Federal Reserve will hold an open meeting...

Igbo Youth Forum Condemns Nomination of Hon. Benjamin Kalu as Deputy House Speaker

The Amalgamated Igbo Youth Progressive Forum has condemned the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img