‘Broader Use Cases’ to Speed 5G Adoption in Emerging Markets, Says ABI
Emerging markets will have surprising parity long term with the rest of the world in 5G adoption, despite their limited 4G penetration, reported ABI Research Thursday. It’s forecasting developing countries will have a faster than expected 5G subscriber adoption with…
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a 26% compound annual growth rate in subscriptions through 2030, versus 28% global CAGR. “Broader use cases” will speed adoption in emerging markets, as will wide availability of open radio access network technologies, said ABI. “As the COVID-19 pandemic impacts the social fabric and economic activities of our countries, emerging markets are constantly reminded of the importance of a connected world. 5G will address the issue of supply chain resiliency and provide new business models in enterprises.”