By Deng Li
Huawei all fired up at the MWC Shanghai 2023 event and the company has revealed some important information about the current 5G userbase in the global market, which has reached over 1.2 billion users.
In a statement, Huawei revealed that there are currently over 1.2 billion 5G users worldwide. Operators who moved quickly to develop 5G are already enjoying the first wave of benefits.
This is thanks to the increasing network requirements being set by new applications in various markets. In the consumer market, new services like New Calling, cloud phones, and glasses-free 3D require faster data rates and lower latency, while in the industrial market.
Huawei 5G Redcap technology
The RedCap ecosystem has matured, the passive IoT market is expanding, and the Internet of Vehicles (IoV) requires higher uplink speeds.
These all-scenario applications are expected to result in 100 billion connections. These new service models are also expected to drive industry upgrades that will create a second wave of benefits.
Commercial 5G services hit the market four years ago and have since been introduced to more than 17,000 private-network projects around the world. Both revenues from 5G private networks and the number of industrial connections have tripled.
In addition, many operators have leveraged the CNY10 billion in revenue earned from 5GtoB private networks to drive a CNY100 billion increase in DICT revenue from cloud, data storage, and platform services.
While many 5GtoB services were piloted in China, they have since expanded to other parts of the world, and have been commercially replicated in Asia Pacific, Europe, the Middle East, and Africa.
These services allow industry customers to reduce costs and improve efficiency while enabling intelligent digital transformation in industries like manufacturing, ports, mines, oil fields, and healthcare.
