According to the latest report, the development of 5G technology worldwide is impressive. In the third quarter of 2023, 537 million new 5G connections were added, bringing the total to 1.6 billion worldwide. This represents a 71 percent increase compared to the previous year and positive future forecasts. It is expected that the number of 5G connections worldwide will increase to 1.8 billion by the end of 2023 and reach 7.9 billion in 2028.
However, the development of 5G technology may not be linear due to factors such as infrastructure development, spectrum availability, device availability, and consumer demand. Currently, the implementation of 5G technology worldwide is on par with the implementation of 4G LTE technology. There are currently 296 commercial 5G networks operating worldwide, and by 2025, it is expected that their number will increase to 438.
According to the report, North America is the leader in 5G deployments, with 176 million connections in the third quarter of 2023. In the last quarter, an additional 22 million connections were added, representing a 14 percent quarterly growth. In North America, the market share of 5G is 26 percent, and the penetration rate is 46 percent, indicating the region’s strong commitment to the development of 5G technology. Some operators have already implemented or are in the process of implementing standalone 5G networks.
Latin America and the Caribbean are in the early stages of 5G technology deployment but are showing promising progress. In the third quarter of 2023, there were 7 million LTE connections, totaling 572 million connections. Although 4G technology still dominates, it is expected that the number of 5G connections will be multiplied by four in 2023, reaching 46 million. Forecasts indicate that there will be 492 million 5G connections in the Latin America and Caribbean region by 2028, demonstrating significant growth potential.
Overall, the future of 5G technology seems promising. Continuous technological development, cooperation, and international agreements are crucial to ensuring sustained growth in spectrum availability and technological standards. By leveraging new opportunities and collaborations, the 5G industry aims to have a transformative impact on various aspects of our lives.
FAQ:
Question: What is the difference between 5G technology and 4G LTE?
Answer: 5G technology offers significantly faster data transfer speeds and lower latency compared to 4G LTE technology. Additionally, 5G has greater capacity, allowing it to support more devices simultaneously.
Question: When can we expect full deployment of 5G technology worldwide?
Answer: Forecasts indicate that full deployment of 5G technology worldwide may occur by 2028.
Source:
Original article: [website name] (example.com)
The source of the article is from the blog coletivometranca.com.br