China’s thriving 5G market is expected to add approximately US$260 billion to its gross domestic product in 2030, and a recent report estimates that China’s 5G connections account for approximately one-third of the global total. Masu.
According to published research results, last year the mobile industry contributed 5.5% to China’s GDP, and in the next few years until 2030, almost a quarter of that contribution will be due to the highest level of current mobile phone technology. It will be due to 5G, which is a stage. It was announced on Tuesday by the Groupe Speciale Mobile Association (GSMA).
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China built six times as many 5G towers in three months as the US installed in two years
China built six times as many 5G towers in three months as the US installed in two years
Overall, the mobile market’s contribution to China’s economy will reach about $1.1 trillion in 2030, the association said.
In its Mobile Economy China 2024 report, the GSMA states that China’s entire mobile sector has so far provided nearly 8 million direct and indirect jobs, and generated US$110 billion in 2023 alone. He said it generated tax revenue.
China’s smartphone market will recover in 2023 with the revival of Huawei’s 5G terminals
China’s smartphone market will recover in 2023 with the revival of Huawei’s 5G terminals
The GSMA said that 5G deployment in China is “growing faster than expected due to the speed of network deployment and the maturation of the device ecosystem”, with the number of 5G connections expected to exceed 1.6 billion by 2030 and the global It is predicted that this will reach nearly one-third of the total number of connections.
By the end of last year, China’s 5G users reached 810 million, with an adoption rate of 45% of total mobile users. Only the United States and South Korea ranked higher.
But in absolute terms, China has the most mobile phone users in the world by a wide margin. According to statistics from the National Bureau of Statistics, there were 122.5 mobile phones per 100 people at the end of last year.
China continues to lead the way in cutting-edge 5G technology standards
At the same time, the number of 5G base stations was approximately 3.38 million, an increase of 46% year-on-year.
“China continues to set the pace for cutting-edge 5G technology standards,” the GSMA said, adding that the country’s operators are “leading the way” in the transition to 5G advanced and 5G low-performance networks. .
“This is expected to trigger new 5G investments from 2024 onwards.”
Although 6G has not yet been officially standardized, China Mobile, the world’s largest carrier by mobile phone subscribers, announced last month that it had successfully launched the world’s first satellite to test the 6G architecture.
