5G market is projected to reach $897.98bn by 2032, with South Korea leading in global download speeds.

5G technology has seen rapid growth, with the global 5G services market size expected to reach $897.98 billion by 2032 (CAGR 24.4%). South Korea and the US are leading in 5G deployment, with South Korea boasting the highest global download speeds (129.7 Mbps by end of 2021). European countries such as Finland, Switzerland, the UK, and the UAE have seen improvements due to increased 5G spectrum availability.

June 08, 2024
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