5G commercial progress in all over the world

As the latest generation of communication technology, 5G communication is rapidly penetrating into various vertical industries, triggering digital and intelligent changes, and driving the rapid development of the digital economy. The 5G communications industry has become the cornerstone of the development of the global digital economy and smart world, and will have a positive impact on all industrial sectors.

According to IHS Markit estimates, by 2035, the global output created by 5G will reach 12.3 trillion US dollars. Among them, the manufacturing industry will achieve an output of approximately US$3.4 trillion (28% of the total output), and the information and communication industry will achieve an output of around US$1.4 trillion, by wholesale and retail, public services, and construction. Industry, finance and insurance, transportation and storage, and many other industries.

From the second half of 2018 to the first half of 2019, countries around the world have successively started 5G commercial or related processes. According to the statistics of the Global Mobile Suppliers Association GSA, by August 2019, 296 operators in 100 countries are launching or conducting related 5G trials, of which 56 operators in 32 countries have announced the deployment of 5G networks , 39 operators have announced the launch of 5G services. As of the end of 2019, 62 operators in 34 countries around the world have officially announced the commercial use of 5G.

Caimore, manufacturer of network products,including 4G/5G DTU, RTU, Industrial Router,IPC since 2003.Millions of devices are working oversea for IOT&M2M Projects more than 10 years.

Should any network devices to realize IOT, pls contact us without hesitate.