TECH SUPPLIER Nov 2019 - Market Forecast - Doc # AP44756619
Asia/Pacific (Excluding Japan) 5G Subscriber Forecast, 2019–2023
By: Shiv Putcha
This IDC Market Forecast provides an update on the emerging landscape for 5G service launches across the Asia/Pacific (excluding Japan) (APEJ) region, including projections for 5G in South Korea, Australia, China, India, and the full gamut of Southeast Asia (SEA) markets. "IDC projects that APEJ will grow from just over 2.5 million in 2019 to nearly 700 million 5G subscribers by 2023," says Shiv Putcha, contributing analyst, IDC Asia/Pacific. "China will be the largest market, followed by South Korea and India by 2023. IDC expects most 5G service launches in APEJ to be based on the nonstandalone (NSA) version of the 5G standard," he adds.