Monday, 23 September 2019

5G global revenues to double by 2020

5G wireless network infrastructure revenue will nearly double between 2019 and 2020, said Sylvain Fabre, senior research director at Gartner. “For 5G deployments in 2019, CSPs are using non-stand-alone technology. This enables them to introduce 5G services that run more quickly, as 5G New Radio (NR) equipment can be rolled out alongside existing 4G core network infrastructure.”

In 2020, CSPs will roll out stand-alone 5G technology, which will require 5G NR equipment and a 5G core network. This will lower costs for CSPs and improve performance for users.

5G services have already launched in many major cities, including the US, South Korea and some European countries, including Switzerland, Finland. And this trend will accelerate next year – UK CSPs in Canada, France, Germany, Hong Kong, Spain, Sweden, Pakistan, Qatar and the UAE have announced plans to accelerate 5G network building through 2020.

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