“ Transportation , accident prevention , administrative processes , medical services and child care services , which have historically operated independently , will be connected more organically and efficiently ”
“ Transportation , accident prevention , administrative processes , medical services and child care services , which have historically operated independently , will be connected more organically and efficiently ”
— President Moon Jae-in launch a commercial 5G network until November ) aside , being able to lay claim to the first operational 5G network could have huge consequences in the ongoing battle to lay claim to a market that is predicted to grow near-exponentially .
This year , the 5G technology market is predicted to reach US $ 5.53bn . By 2026 , experts believe that figure will rise to an astonishing $ 667.9bn at a CAGR of 122.3 %. Telcos that carve out even a modest-sized piece of that pie are going to pull in revenues larger than the GDP of your average developing country .
Cities , with their dense populations and higher concentrations of enterprises , are the perfect inflection point for 5G networks . Around the world , major telcos are fighting to gain a foothold in some of the largest cities . Back in January , 5G connectivity was available in 378 cities across the globe . That number has continued to grow in recent months , with AT & T alone launching 5G in 28 new markets across the United States , including Miami , Columbia , Eugene , Austin ,
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