Experts believe that China will account for 39 percent of the global 5G market by 2025, which will make it the largest market for this product in the world.
The research was conducted by the China Academy of Information and Communications Technology (CAICT), in partnership with GSMA.
These findings come in the wake of news that plans were already afoot for the launch of commercial 5G networks in China. That project will be completed by 2020 at the latest. That launch will be conducted with the view to achieving the 2025 target.
Researches explained what this ultimately meant for the industry.
“Operators in China are collaborating closely with government and enterprises to launch what will become one of the largest 5G deployments in the world,” said Mats Granryd, Director General of the GSMA.
“In its early phase, 5G will offer an enhanced mobile broadband experience that will enable next-generation consumer services such as augmented and virtual reality, while at the same supporting mission-critical applications across a range of industry verticals,” added Granryd.