As the world has started adopting 5G at a fast pace, the demand of 5G ready phones has also increased globally.
According to a latest MoneyTransfers analysis, the number of 5G ready phones grew from 251 to 401 in 2021. That represented a 60% jump.
Jonathan Merry, MoneyTransfers’ CEO, has shared his thoughts on the findings.
He said, “We expect the number of 5G ready phones to grow over the coming months. Companies are either releasing or announcing the production of new models. Besides, the technology behind these devices has improved since their initial release. So, it’s no surprise that sales are rising rapidly.”
The ballooning internet traffic is fuelling the demand for enhanced data transmission capacities. 5G tech betters 4G/LTE data transmission by up to 20 times. It’ll also increase the connection density by 10X that of the current tech.
That’ll support nearly a million connections per square kilometer.
Moreover, the tech eases HD media streaming in overpopulated or poorly covered areas. Again, it’ll facilitate the integrated management of a myriad of devices. Further, it’ll lower battery usage, cost, and battery consumption.
Other areas that’ll benefit from the technology include machine learning and the internet of things. These two have wide applications in our lives. In America alone, 5G tech is expected to impact the economy by nearly $484B.
Who’s leading in 5G adoption?
According to the study of a Viavi solution, about 2,000 cities in 72 nations have 5G connectivity.
China leads ten other nations with the most 5G ready sites. So, you can enjoy the technology in up to 356 cities in the country.
The U.S comes in second with 296 cities, and the Philippines rounds off the top three. Here you can enjoy the technology in 98 of her cities.
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