2020-25 Asia Pacific Mobile Operators’ 5G Investment Will Exceed US$330 Billion
- July 9, 2020
- Industry News
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Global Mobile Communications System Alliance GSMA said in a new report that 2020 to 2025, Asia-Pacific mobile operators will invest more than US$400 billion in their networks, of which US$331 billion will be used for 5G deployments .
The latest Asia-Pacific version of the GSMA Mobile Economics Series shows that this region is one of the fastest growing regions in the world, with more than half of total global subscribers.
In addition, in 2019, mobile technologies and services in the Asia-Pacific region created an economic value of US$1.6 trillion (5.3% of GDP), and countries are increasingly benefiting from the increased productivity and efficiency of mobile service usage. improve.
The mobile ecosystem also directly or indirectly supports 18 million jobs and has made significant contributions to public sector financing, raising $180 billion through general taxation.
“Operators in the region are investing hundreds of billions of dollars to continue to deploy 5G networks to provide consumers with exciting new services.” Julian Gorman, head of the GSMA Asia Pacific region, said: “This also helps industry and The transformation of manufacturing and promote economic growth.
5G Investment
During 2020 to 2025, mobile operators in the Asia-Pacific region will invest approximately US$331 billion in 5G deployments. At present, the Asia-Pacific region is home to some of the world’s most advanced 5G markets. Nine markets have launched commercial mobile 5G services (including Japan at the end of March), and 12 markets have officially announced related development plans.
In addition, 4G is still the main technology of countries such as Bangladesh, India, Indonesia and Pakistan. These countries still focus on the fields of digital commerce and payment and cross-ecosystem cooperation to help create the future digital society.
Regional Growth
By the end of 2019, 2.8 billion people in the Asia-Pacific region have subscribed to mobile services, accounting for 66% of the total population. Since 2014, nearly 500 million new users have been added to the region, making it one of the fastest growing regions in the world, accounting for more than half of total global users.
It is estimated that by 2025, the Asia-Pacific region will account for about half of new global users. By then, it is predicted that the entire region will have 266 million new user connections, bringing the number of subscribers to more than 3 billion (accounting for 70% of the population).
Socioeconomic Development
In the next six years, 663 million people in the Asia-Pacific region will start using mobile Internet for the first time. By 2025, the total number of mobile Internet users in the region will reach about 2.7 billion (61% of the population).
Sustained growth is helping the mobile industry increase its impact on all UN Sustainable Development Goals and promote the adoption of mobile-based tools and solutions (such as in agriculture, education, and healthcare) to improve low- and mid-end Livelihood income countries and narrow the gender gap.
Covid-19 Challenge
Compared with other regions that have not yet launched 5G in many markets, Covid-19 will have a greater impact on 5G growth in the Asia-Pacific region because the region has some of the first 5G networks. Therefore, the forecast shows that the total number of 5G connections in the Asia-Pacific region in 2020 will be reduced by nearly 20% from the previous forecast.
The Covid-19 pandemic underscores the importance of a strong digital economy in mitigating the economic and industrial impact of control measures. Emerging economies need to make more efforts to stimulate and develop the digital ecosystem, including accelerating the popularity of smartphones and mobile broadband, laying the foundation for the future of inclusive 5G.
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