Market forecasts always are contingent on one’s assumptions, and that is no different for 5G subscription forecasts. It would take a brave leap or unusual definition to conclude anything other than that Asia will have the greatest number of 5G connections in the future, simply because Asia has the most people and the most mobile subscribers.
Juniper Research anticipates that over 75 percent of global 5G connections will be in the Far East and China. This is due to the early launches in South Korea by all tier one operators, which was followed by significant launches of commercial 5G networks in China.
GlobalData, on the other hand, suggests that Asia will account for about 65 percent of global 5G subscriptions by 2024 and about 44 percent of revenue. North America will account for 32 percent of revenue by 2024.
At the end of 2019, there were an estimated 4.5 million 5G users in the Far East, roughly 80 percent of the global total, nearly all of them in South Korea, Juniper Research estimates.
But Juniper also predicts the United States and South Korea will be the fastest adopters of 5G, with 75 percent of all 5G subscribers attributable to these two countries by the end of 2020. That does not make sense to me, but that is what Juniper says.
By 2025, Asia will still have more than 60 percent of 5G connections, Ericsson predicts.
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