Developed markets in North America and Asia-Pacific will lead the way for 5G services. U.S. mobile operators AT&T and Verizon completed field and lab testing of 5G technology and aim for pre-standard deployments in 2017, while operators in Japan and the Republic of Korea amp up their own 5G services in preparation for their upcoming Olympics. The 5G Open Trial Specification Alliance—formed by KT, NTT DOCOMO, SK Telecom, and Verizon—will also develop 5G trial activities.
Other stakeholders working toward 5G include Qualcomm. The company recently announced that its Snapdragon X50 5G modem will deliver 5Gbps device downloads in the 28 GHz band. Meanwhile, leading infrastructure vendors Ericsson, Huawei, Nokia, and ZTE are unleashing a flurry of 5G technology agreements, demos, trials and roadmaps to increase momentum for 5G.
"4G technologies will deliver nearly $3.5 trillion in service revenues through 2026," concludes Joe Hoffman, Managing Director and Vice President at ABI Research. "The later launching 5G will then yield almost $200 billion."
These findings are from ABI Research's Mobile Subscribers (https://www.abiresearch.com/market-research/product/1024771-mobile-subscribers/) and 5G: Subscribers, Traffic, and Revenue (https://www.abiresearch.com/market-research/product/1025516-5g/) reports.
About ABI Research
ABI Research stands at the forefront of technology market research, providing business leaders with comprehensive research and consulting services to help them implement informed, transformative technology decisions. Founded more than 25 years ago, the company's global team of senior and long-tenured analysts delivers deep market data forecasts, analyses, and teardown services. ABI Research is an industry pioneer, proactively uncovering ground-breaking business cycles and publishing research 18 to 36 months in advance of other organizations. For more information, visit www.abiresearch.com.
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SOURCE ABI Research