Emerging countries will adopt 5G faster than expected

2020-09-14 03:00

While it would be safe to assume that emerging markets would also lag in 5G adoption, global tech market advisory firm, ABI Research, finds that emerging countries will have faster than expected 5G subscriber adoption.

The Compound Annual Growth Rate of 5G subscriptions in emerging markets is estimated to be 26% between 2020 to 2030, an impressive rate considering the global CAGR of 5G subscriptions is only a slightly higher 28% in the same period.

"The pace of the 5G rollout in emerging markets will be expedited by a combination of regulatory enablement, enabling technologies, such as edge computing and OpenRAN, and the broader use cases that 5G brings forward," explains Miguel Castaneda, Industry Analyst at ABI Research.

The underlying impediments on nationwide 5G deployment in emerging countries are based on the capital-intensive 5G infrastructure and the declining financial health of the emerging markets' telecommunications sector.

Emerging countries should also pay heed to factors that contribute to the growing impetus of 5G rollouts.

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