Posted 3/29/2024, 2:00:12 AM
China's 5G Boom to Add Billions to GDP, Lead World in Next-Gen Connectivity
- China's 5G market expected to expand rapidly, adding $260B to GDP by 2030
- Mobile industry already contributes 5.5% of China's GDP; 25% of that will come from 5G by 2030
- GSMA projects 1.6B 5G connections in China by 2030, nearly 1/3 of global total
- China has world's most mobile phone users; 5G base stations surged 46% last year
- China leading way globally in 5G standards and investing heavily in 6G research