5G will overtake 4G in 2029 to become the dominant mobile technology, with 5G adoption at over 85 percent in the top 5G markets by 2030, GSMA said in its annual Global Mobile Economy Report.
Global 5G connections will surpass five billion by the end of the decade, with the industry on track to hit 1.5 billion connections in 2023.
5G will add almost $1 trillion to the global economy in 2030 and benefit every sector, with the services (46 percent) and manufacturing (33 percent) sectors deriving the most value; the mobile sector’s economic contribution will exceed $6 trillion by 2030.
The majority of operators expect private wireless networks to account for up to 20 percent of their total enterprise revenues, driven by improvements in 5G capabilities.
Metaverse momentum continues to grow, in tandem with advancements in enabling technologies like 5G, AI and wearables.
Speakers @ MWC Barcelona 2023 will include:
Borje Ekholm, President and CEO, Ericsson Group
Thierry Breton, Commissioner for Internal Market, European Commission
James D Taiclet, Chairman, President & CEO, Lockheed Martin Corporation
Vincent Clerc, CEO Ocean and Logistics, Executive Vice President and Member of the Executive Board, A.P. Moller – Maersk
Greg Peters, Co-CEO of Netflix
Christel Hedemann, CEO, Orange Group
Jose Maria Alvarez-Pallette, CEO, Telefonica
