20G mobile phone ownership will reach 1 billion units in 2024

On the 15th, CCID Consulting released the White Paper on China's 5G Industry and Application Development in 2018 (the "White Paper"). The results show that according to the penetration rate of 4G mobile phones, it is predicted that the penetration rate of 5G will reach 30% in 2020 and 75% in 2024. By then, the number of 5G mobile phones will reach 1 billion.

2024 5G mobile phone ownership will reach 1 billion units

5G, the fifth generation mobile communication technology. According to Li Wei, senior analyst of CCID Consulting's Communication Industry Research Center, the three major application scenarios of 5G are Internet of Vehicles, Internet of Things and VR/AR equipment. Specifically, 5G has the characteristics of low latency and high speed, which provides guarantee for the safety of driverless cars, thus promoting the development of driverless cars. It is estimated that from 2020 to 2025, the number of intelligent networked vehicles directly driven by 5G will reach 130 million.

At the same time, the characteristics of the 5G open architecture provide the possibility for the Internet of Everything, which will greatly promote the integration and development of multiple industries. Moreover, operators have begun to set up the domestic Internet of Things market, laying a good foundation for the 5G spread. It is estimated that between 2020 and 2025, the number of IoT connections directly driven by 5G will reach 12.45 billion yuan.

"5G can effectively improve the experience of VR/AR, allowing users to enjoy better audio-visual enjoyment, thus directly driving the rapid increase in the output of related equipment. It is estimated that 2020/2025, VR / AR equipment shipments will reach 23.562 million units. Li said.

In addition, the "White Paper" shows that although China's 5G industry chain is relatively complete and has certain development advantages in some links, there are still some development difficulties and breakthrough points. For example, the 5G standard has not yet been fully determined; some sub-industry chains, such as processors and filters, have a very important supporting role for the development of the industry, and the overall strength is still weak; domestic telecom operators have just completed 4G and started again. 5G, will face huge cost pressure, so the power is not enough.

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