China Will Likely Lead 5G Revolution with 1 Billion Users by 2023
Military advancement, rapid economic growth, drastic poverty reduction, cutting-edge space exploration: is there anything China can’t do?! Well, you can add another item to that list: mobile technology. Experts report that about 1 billion people will use 5G technology by 2023 with China leading the 5G revolution.
Okay, a highspeed 5G mobile network doesn’t exist quite yet, but researchers at Qualcomm say they’ve conducted one successful test run through a mobile device. So, how fast is it? Really freaking fast: 1000Mbps. That means you could download a two-hour HD movie in less than 12 seconds. Yes, seconds!
The marketing firm CCS Insight believes the 5G revolution will be up and running by 2020. Three years later, they expect at least 1 billion people will have access to the technology with half of this number based in China.
Why is CCS Insight so confident with China’s 5G capabilities? Well, for one thing, the Chinese government has prioritized all sorts of development over the past few years. Through the One Belt One Road initiative, China has developed strong economic infrastructure networks throughout Europe, Asia, and Africa. As a result, China is set to pass the U.S. in terms of GDP in the next few years making China the strongest economy in the world.
Experts at CCS Insight also suggest China will lead the 5G revolution due to how fast Chinese citizens gained access to 4G technology. That’s why by 2023, half of the 1 billion 5G users will live in China. However, upgrading to 5G doesn’t come without its challenges. Operators still need to figure out the logistics in regards to developing base stations and other technical issues. Plus, manufacturers rely on customer willingness to upgrade. If the service is unaffordable for half of the U.S. population, it obviously won’t sell.
China plans to start the third phase of 5G tests next year. If successful, commercial production will follow. In addition to phones, manufacturers will utilize this high-speed technology in self-driving cars.
Until then, China, the United States, South Korea, and Japan are all racing to develop the world’s first 5G network. Who will win?