GSMA: Mobile Economy Report 2020

According to the "2020 Mobile Economy Report" released by GSMA, as of January 30, 2020, 46 operators in 24 markets have launched commercial 5G networks. It is expected that by 2025, 1/5 of mobile connections will run on 5G networks.

5G is here, but 4G is still king. 4G remains the world’s dominant mobile technology, supporting more than half of global connections (52%). Despite the emergence of 5G, 4G will continue to grow in the coming years, accounting for 56% of connections by 2025.

The industry is investing heavily in 5G. Global mobile operators' mobile capital expenditures are expected to reach $1.1 trillion from 2020 to 2025, of which about 80% will be used for 5G networks.

Smartphones are becoming ubiquitous. They are expected to account for four-fifths of total connections by 2025, up from 65% in 2019.

The Internet of Things will become an integral part of the 5G era. From 2019 to 2025, the number of global IoT connections will more than double to nearly 25 billion. Global IoT revenue will more than triple to $1.1 trillion.

Subscription growth is slowing, with mobile subscriptions reaching 5.2 billion (67% of the population) at the end of last year and expected to grow to 5.8 billion (70%) by 2025.

Today, nearly half of the world’s population is mobile internet user (3.8 billion people), a number expected to reach 5 billion (61%) by 2025.

5G will add $2.2 trillion to the global economy over the next 14 years

Mobile technologies and services accounted for 4.7% of global GDP last year, contributing $4.1 trillion in economic value. This contribution is expected to grow to $4.9 trillion (4.9% of GDP) by 2024. Countries around the world are increasingly benefiting from the productivity and efficiency gains brought about by the spread of mobile services. In 2019, the mobile ecosystem also supported more than 30 million jobs. It provides a large amount of funding for the public sector, contributing $490 billion in general tax revenue.

5G is expected to contribute $2.2 trillion to the global economy by 2034, with key industries such as manufacturing, utilities and financial services set to benefit the most from the new technology.

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