Lionel Sujay Vailshery
Research expert covering cloud computing and emerging tech industries
5G in China - statistics & facts
As the latest generation of cellular network technology to reshape our interactions with mobile devices, 5G has been a highly anticipated technology. Apart from faster mobile internet connections, 5G will also enable the connectivity of diverse gadgets, which together make 5G the basis for a lot of key technological trends, such as autonomous vehicles, Internet-of-things (IoT), and cloud computing. In 2022, there were around two billion mobile 5G subscriptions worldwide, which was forecasted to surge to almost five billion by 2026. Among all the countries in the world, China was forecasted to lead the way in terms of the number of 5G connections throughout the next five years, where the market revenue will skyrocket from 0.6 trillion yuan to over six trillion yuan in this decade.
