5G Connections to Grow from 10 Million in 2019 to 1.01 Billion in 2023

GlobalDots
1 Min read

The number of 5G connections is forecast to grow from roughly 10 million in 2019 to 1.01 billion in 2023, IDC reveals.

This represents a compound annual growth rate (CAGR) of 217.2% over the 2019-2023 forecast period. By 2023, 5G is expected to represent 8.9% of all mobile device connections.

Reduce your AWS costs by over 50%

Discover your Cloud Saving Potential – Answer just 5 simple questions. AppsFlyer, Playtika, Lufthansa, IBM, top leading companies are already using our FinOps services.

Reduce your AWS costs 
by over 50%

The amount of data created and consumed by consumers and businesses will continue to grow over the coming years. Shifting data-intensive users and use cases to 5G will allow network operators to more efficiently manage network resources, improving performance and reliability as a result.

Read more: Help Net Security

Latest Articles

Cut Big Data Costs by 23%: 7 Key Practices

In this webinar, we reveal a solution that cuts big data costs by 23% and enhances system efficiency - without changing a single line of code. We’ll also explore 7 key practices that will free your engineers to process and analyze data at the pace and scale they need - and ensure they never lose control of the process.

Developer AXE-WEB
15th April, 2024
Project FOCUS: A New Age of FinOps Visibility

It’s easy for managers and team leaders to get caught up in the cultural scrum of FinOps. Hobbling many FinOps projects, however, is a lack of on-the-ground support for the DevOps teams that are having to drive this widespread change – this is how all too many FinOps projects become abandoned on the meeting room […]

Nesh (Steven Puddephatt) Senior Solutions Engineer @ GlobalDots
27th March, 2024
Optimize Your Cloud Spend with a FinOps Maturity Assessment

Achieving FinOps is a tall order: it demands a degree of organizational self-awareness that some companies are constantly battling for. Consider the predicament that many teams find themselves in: while their cloud environments may contain a number of small things that could be optimized, there are no single glaring mistakes that are consuming massive quantities […]

Nesh (Steven Puddephatt) Senior Solutions Engineer @ GlobalDots
27th March, 2024

Unlock Your Cloud Potential

Schedule a call with our experts. Discover new technology and get recommendations to improve your performance.

Unlock Your Cloud Potential