There is exciting news lurking around the corner: The mobile connection's 5th generation technology is at hand. Yes, this is the same thing that happened with the invention of the 4G technology. There is no doubt that, in the near future, this big news will be history.
But there is a significant difference.
In the past, every time something new came up in the digital field, it was always the USA or Japan taking the lead. This time it's a different story. The new pioneer of the 21st century cutting -edge mobile technology is now recognized as China.
This big news is super-exciting. What is ahead is truly remarkable. According to the new report featuring in the CSS insights news, at least 1 billion people will be active users of the 5G technology by 2023. Remarkably, China will account for 50% of all 5G users as soon as 2022. Indeed, China is expected to maintain her lead in this area all the way till 2025. This means that China will still account for about 40% of the world 5G connections. Another interesting fact is that the remarkable move to the new 5G technology will happen faster than the 4G performed. Regardless, a few factors will likely hinder the new technology's progress.
Why will China take the lead in such a dramatic manner? The first factor is this: China's burning political ambitions to seize the lead in the development of all new digital technology. The second factor is connected to the fairy tale rise of the local Chinese manufacturing powerhouse, the Huawei manufacturer. The third factor is the remarkable, breakneck speed, with which consumers embraced the 4G technology in the recent past. These startling revelations came courtesy of Marina Koytcheva, who is the Vice President of the CSS Forecasting insight. She was speaking to the CNBC agency.
The report indicates that, henceforth, China will take a definite lead in digital development. On their part, South Korea, and Japan will quickly follow suit and launch their maiden commercial 5G network soon after China. The most remarkable segment of this news is that Europe will trail behind these Asian giants by at least one year.
Moreover, the report says that the progressive advances to the new 5G technology may not have a significant impact on the Internet of Things. This means that the internet presence of 5G will not be so dramatic. The report does not give a clear indication on how the 5G technology will impact on autonomous cars, for instance. Indeed, such mission critical services may have to wait a little longer to have an impact that is directly related to the 5G development.
How will the leading network operators deploy significant numbers of new base stations? Where will this be done? The report did not make this clear. There is a lack of a clear case for the business impact of this new development. We do not even know about the willingness of most consumers to upgrade their personal smartphones to this new technology. Some sources even wonder about the wisdom of investing in this entire enterprise. One reason is that the success of these ventures depends on the readiness of consumers to buy the relevant new devices and take advantage of the 5G features. Unless such factors are cared for, it might seem that there was no point in investing big in such ventures.
Why will Europe apparently remain behind Asia in these new digital progress? Europe has to deal with her own challenges, including a fragmentation of the markets, spectrum availability and the regulators' influence. According to the latest forecasts, access to the mobile broadband on smartphones will be the point that determines the consumer's adoption of the 5G technology. Indeed, this should represent a whopping 99% of the total 5G connections by the year 2025.
The Vice President of the CSS insight, USA, Geof Blaber recently said that 5G technology is all about the creation of a network that can adapt radically to new applications and scale up when it is necessary. He predicted that the Internet of Things, including other mission-critical services, are unlikely to experience exponential growth soon. They, however, remain an integral segment of the 5G technology. According to the CSS insight, the fixed wireless access will comprise the first 5G commercial application in the world. The report predicts that one of the early adopters of the new technology will be the USA. This idea is boosted by some leading technological advocates like Verizon and AT and T.