GSMA: Chinese companies and consumers have a strong interest in 5G, leading the United States for 5 years

Sina Technology News, Beijing time on the evening of March 5th, according to foreign media reports, the Global System for Mobile Communications Association (GSMA) today released a report stating that Chinese companies and individual consumers have a strong interest in 5G and smart devices, far ahead of Europe and the United States. .

Although GSMA announced the cancellation of this year's Mobile World Congress (MWC) last month, this did not prevent it from publishing an annual report on the global mobile economy. This report shows that China’s interest in 5G and smart devices is a global leader. The United States will not be able to catch up with China in the next five years or so, while Europe and other countries lag more behind.

China’s strength in this area can be seen from the results of multiple surveys conducted by the GSMA. GSMA said that due to early partnerships and local operators' trials, Chinese companies' interest in 5G is in a "race" state, and it demonstrates a wide range of intentions to use 5G in industrial environments.

As of the end of 2018, Chinese companies have been more interested in 5G network slicing (Network Slicing, the new technology that accompanies the debut of 5G, which refers to the use of existing networks segment by segment), edge computing and low-latency services have been higher than in other parts of the world. In addition, interest in higher data speeds also reached 74%.

The GSMA stated that China is a "notable exception" compared with beliefs elsewhere that 4G is "good enough", which will help to triple the number of smart manufacturing IoT connections in the next five years.

At the same time, Chinese consumers are equally interested in 5G. Following the accelerated rollout of 5G in 2019, China currently has the world’s highest rate of 5G upgrade intentions (70%), and its adult awareness of 5G ranks second (more than 85%, second only to South Korea), and it pays more for 5G services. The willingness to pay is the highest (78% compared to 60% in the US).

In contrast, consumers in Europe and Japan are more moderately interested in 5G. However, GSMA predicts that 5G marketing before the 2020 Summer Olympics will improve users' willingness to upgrade.

The report also shows that in addition to 5G, China is also a global leader in the smart home market. So far, China has the highest ownership rate in smart TVs, smart speakers, smart home security cameras, and other types of smart devices (security, lighting, energy controllers, etc.).

The United States lags behind China in all of the above categories, while the adoption rate in major European countries is lower.

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