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Top Ten Countries with Largest 5G Network

Top Ten Countries with Largest 5G Network

ICT | Nov, 2023

The long-hyped promise of 5G is gradually becoming a reality as communication service providers worldwide are battling one another to deploy 5G networks. While 4G networks are quick enough for most users for their internet needs, the next evolution of wireless networks is increasing at a rapid pace. Countries that want to stay competitive in the global economy are building and deploying 5G technology to make them available for citizens. The next generation technology offers a great amount of spectrum for wireless communication, at least one gigabit per second connection speeds, short delays than 4G technology, enhanced reliability, much lower latency, and provides greater flexibility to users.

The new 5G network has the potential to open a world of possibilities for businesses and consumers alike with greater speed and improved connectivity. Wireless technology can play a crucial role in accelerating the adoption of self-driving cars, augmented reality, extended reality, virtual reality, and other devices connected to the Internet of Things. According to certain estimates, 5G technology could generate 22.3 million jobs and contribute USD13.2 trillion to the global economy by 2035. With the rapid adoption of IoT devices and advanced mobile broadband technology, the demand for 5G networks is growing fast. Global 5G connection reached 429 million in Q2, jumping 41% from 305 million in Q1, according to data from Omdia.

As per the VIAVI Solutions report, the number of cities with 5G networks has reached to 1,336 globally since the past year despite the pandemic. Sixty-one countries worldwide have deployed commercial 5G networks since January 2020, the majority of which are from Asia. Overwhelming subscriber appetite for fast speed and enhanced connectivity is the driving factor for the expansion of 5G networks in Asian countries. However, China and the USA are significantly ahead of other nations in bandwidth expansion and 5G rollout.

Here are the top ten countries with the largest 5g network in the world

  • Vietnam

Vietnam is among the first countries to adopt 5G deployment for their commercialization plan. The growth has been such that Vietnam 5G market is expected to grow steadily. Vietnam has long stated its plan to plan to provide efficient 5G coverage, by 2030 since its intimation of the ability to offer high-speed internet connection at low cost, according to the Ministry of Information and Communication.

Vietnam has the fastest-growing digital economy in Southeast Asia, which hit $23 billion in value in 2022 and is purposefully set to achieve over $50 billion by 2025, which can be largely associated with a thriving e-commerce sector, supported by increased efforts to drive digitalization. In 2022, the country planned to reduce the number of 2G subscribers from 24 million to 5-7 million by 2022, to free up more bandwidth for 3G, 4G, and 5G networks. By 2024, for the aim of removing old technologies, MIC is expected to stop extending the licenses for 2G/3G. Their 2025 objective is to popularize 4G/5G network services and smartphones.

  • United States

5G coverage is expected to reach 75% of the US population, by 2025, which is up from 13% in 2020, with the expansion of the use of the mid-band spectrum in urban and suburban areas. Major mobile operators such as AT&T, T-Mobile, and Verizon are focused on deploying mid-band 5G through 2021 and 2022. While AT&T and Verizon have been strengthening their high band millimetre wave and low 5G offering, a new entrant like Dish is planning to commence its commercial 5G services from 2022. According to Ericsson report, around 195 million 5G subscriptions can be expected by 2026, and the technology is anticipated to occupy 71.5% of the entire US mobile market by 2029. The economic benefits will be shared across rural communities and minority groups in urban areas to bridge the digital gap to ensure access. As per the Cellular Telecommunication Industry Association (CTIA) estimates, the rapid growth with the expansion of 5G technology could drive USD275 billion in investment and lead to USD500 billion in economic growth. In addition, FCC has also auctioned or planned to auction several mid-band spectrum bands such as 2.5GHz, 3.5 GHz, and 3.7-4.2 GHz because of their ideal nature of the ability to carry heavy data flow, while traveling significant distances.