Slower-Speed Cellular Technologies To Lead 5G: Study

The number of 3G and 4G connections will dwarf 5G and account for 72% of total machine-to-machine (M2M) connections in five years, according to a new study by ABI Research.

Global cellular connections are estimated to grow from 620 million this year to 3 billion in 2024.

Connection revenue is projected to grow to $32 billion over the next five years.

Despite the launching and growth of 5G cellular networks, 3G and 4G technologies will continue to dominate machine-to-machine value-added services, according to ABI.

Connected vehicles are expected to continue to rely on 3G and 4G technologies over the next five years.

1 comment about "Slower-Speed Cellular Technologies To Lead 5G: Study".
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  1. Akshata Sharma from MarketsandMarkets Pvt Ltd, August 16, 2019 at 6:41 a.m.

    5G infrastructure for aircraft is expected to grow at the highest CAGR during the forecast period, owing to the rise in the development of smart connected aircraft across the globe. 5G infrastructure and services would be used in various flight operations as well as drone operations, such as real-time data acquisition and monitoring and in-flight entertainment.

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