Tuesday, May 20, 2025
23.6 C
Lagos

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

Hot this week

FG: Economic Reforms Driving Growth, Investor Confidence

The Minister of Budget and Economic Planning, Senator Abubakar...

Linkage Assurance Earns B+ Rating from AM Best

Linkage Assurance Plc, a prominent non-life insurance company in...

CBN Reassures Public on Banking Sector Stability

The attention of the Central Bank of Nigeria (CBN)...

Insurance Industry Unveils 3-Month Third Party Media Campaign

The insurance industry in Nigeria has unveiled a 3-month...

Nigeria Outlook: Inflation to Increase in the Near Term

Cordros Securities has predicted increase in the inflation rate...

Topics

How to Buy Property Cheap Using PRE-LAUNCH Strategy

By Dennis Isong The high cost of housing has become...

Sanlam Nigeria Settles Motor Insurance Claim in Less than One Hour!

  Sanlam General Insurance, a subsidiary of Sanlam Life Insurance...

How Stanbic IBTC Was Caught in Annual Accounts Fraud

The white-stained gloves went off. And the pretence of Best Corporate Governance was publicly muddled as Stanbic IBTC Bank Plc was caught red-handed by the Financial Reporting Council (FRC) for allegedly falsifying and manipulating its annual accounts in 2013 and 2014 to deceive regulators, tax authorities, shareholders and the general public on the true state of its financial results in the two years under review. The sanctions against the bank included immediate suspension of Mr. Atedo Peterside, Chairman and Mrs. Sola David-Borha, CEO.

Embracing Insurance Ecosystems: Key to Thriving in Today’s Evolving Market

  By Emeka Akwiwu Executive Director Continental Reinsurance Plc At the recent 5th...

African Polo Extravaganza Takes London By Storm

Europe’s foremost African polo event graced London for the...

Will Africa Passport Enhance African Trade?

“We must eventually move to the Africa passport that...

NNPC Wins The Whistler’s Transparency, Innovation Award

  The GCEO, NNPC Limited, Mr. Mele Kyari (3rd from...

Diamond Bank Earnings: Succumbing to Cost & Regulatory Pressures?

Diamond Bank Plc recently published its audited FY: 2014 and Q1:2015 results on March 30, 2015 and April 13, 2015 respectively on the floor of the Nigerian Stock Exchange (NSE). The results show mixed performances at the top and bottom lines. We present the highlights of the FY: 2014 result, Q1:2015 and our 2015 estimates below:
spot_img

Related Articles

Popular Categories

spot_imgspot_img