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Strategy Analytics predicts that global mobile communications users will reach 9 billion in 2023

January 21, 2024

According to the latest research by Strategy AnalyTIcs, by 2023, the number of mobile communication users will reach 9 billion, higher than today's 7.7 billion. The introduction of 5G in the future will follow a similar development process as 4G LTE, but the service provider's connected revenue growth is limited. Wireless service revenues will peak in 2021, reaching $881 billion, which is 3% higher than the 2018 forecast.

5G users will start from 5 million in 2019 and grow to 577 million in 2023 (excluding fixed wireless services and industrial Internet of Things). In recent years, telecom operators have been pushing 5G services, but users are growing at a faster rate. A state of slow acceleration. Before the launch of 5G services, the 4G LTE platform has a considerable amount of time to develop through LTE-Advanced and LTE-Advanced Pro technologies. Taken together, by 2018, these technologies will account for more than half of all 4G LTE connections and reach 2 billion users by the end of the year. Even with 5G, many devices still rely on 4G to provide links outside the 5G coverage area.

In the next few years, as important telecom service providers focus on 5G, there are many unresolved issues related to infrastructure costs and deployment strategies, and how service providers can move beyond basic networking services and generate new revenue.

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Mr. Tom Chen

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October 14, 2022

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