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Global 5G market forecast 2020-2025 published by leading research firm

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sylvia decosta
Global 5G market forecast 2020-2025 published by leading research firm

According to a Netscribes research, the global 5G market is forecast to grow at a CAGR of around 97% over a five-year period and will reach a value of USD 251 billion by 2025.

The fifth-generation of mobile technology (5G technology) is expected to cater to the demand and business frameworks needed by and beyond 2020; but it is not without its disruptions.

Mobile 5G seems to be on course to be the next big thing in the global digital connectivity ecosystem.

However, mobile 4G LTE will dominate in terms of volume for at least the next ten years.

5G technology will address rising bandwidth requirements, demand for advanced application services and improved acceptance of the Internet of Things (IOT).

Well-defined 5G standards and a clean regulatory environment will help realize the full potential of 5G services.

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