What is 5G ? It is simply defined as the next generation high speed internet transferring up to 20GBps.
The renowned analyst company; Canalys has released its forecast on the 5G smartphone department. According to their analysis; 5G would become the main deal in 2023 having taking over 4G and Manufacturers would have shipped around 1.9 billion (Not Dollars please) 5G-enabled devices around the globe.
At the tipping point in 2023, 5G devices will account for 51.4% of the market share whereby China wound consume 34% of the shipments followed by North America with 18.8% and Asian Pacific with 17.4%.
Canalys points out that the government effort’s to accelerate 5G deployment and growth has contributed alot and as such, It will help alot with China accounted to have 17.4% of the market share in 2020.
It is also good to keep in mind that it might not be nearly easy even with Government intervention because the deployment is far more expensive than 4G. It would require alot but it is possible to achieve in Five (5) Years.