Global 5G Update - Q3 2022

The global 5G subscriber base crossed?810M?in Q3 2022 which is at a 3x faster pace compared to 4G global adoption. During Q3 2022, the global subscriber base grew 11% with China accounting for roughly 62% of the global subscriber base. From the start, we have been saying that Korea will lead in?% penetration,?China in?total?subscribers,?and US will lead in?revenue. All these nations will continue to lead in these respective categories.?No major market will be able to catch any of the three leaders in their respective dimensions. We are starting to see the impact of 5G on postpaid phone ARPU across multiple nations now. US, China, South Korea and now Japan are the top four nations to pass the $2.5 Billion/quarter mark in 5G revenues. China Mobile has the greatest number of 5G global subs. Korea became the first country to cross the 40% 5G penetration amongst the consumer base. It is also the first country to have 5G contribute to over 70% of its mobile data traffic. US operators have been expanding their networks fairly rapidly as well. Hundreds of 5G handsets are entering into the ecosystem. However, the real competition will be in the new billion-dollar revenue streams that get created. For ecosystem players who seek to develop a platform based on 5G, the work is just starting.

Global 5G Update?provides strategic insights and a snapshot of the salient points on 5G progress in Q3 2022:

5G in Q3 2022

–Overview

–Summary

–5G Race

–Subs and Penetration

5G Data Consumption

Does 5G Increase ARPU?

–5G Revenue

5G Progress

–China

–Korea

–Japan

–US

–Rest of the World

https://www.chetansharma.com/publications/global-5g-update-q3-2022/