In the global 5G technology competition, China leads the world with 4.1 million 5G base stations, which not only marks China's leading position in the 5G field, but also a milestone in global 5G development. China Exportsemi will conduct an in-depth analysis of the rapid development of China's 5G technology and its far-reaching impact on the economy and society, and discuss future development trends.
1. The development status of 5G technology
Infrastructure construction: According to the latest data, by the end of August 2024, the total number of 5G base stations in China reached a staggering 4.042 million, accounting for 32.1% of the total number of mobile base stations, and the largest network scale in the world. This growth not only reflects China's investment and determination in the construction of 5G infrastructure, but also provides a solid foundation for the widespread application of 5G technology. In addition, China's 5G base station construction speed is also second to none in the world, and it is expected that by 2025, the world will build 6.5 million 5G base stations, and China's contribution will be more than half.
Economic impact: The direct impact of 5G technology on the economy is significant. In 2023, the total economic output directly driven by 5G to China will reach 1.86 trillion yuan, and the added value of the economy will be about 551.2 billion yuan, an increase of 29% and 41% respectively over 2022. It indirectly drove the total output to about 4.24 trillion yuan and indirectly drove the economic added value to about 1.55 trillion yuan, an increase of 22% and 22% respectively over 2022. These data not only show the economic value of 5G technology, but also indicate that 5G technology will be more widely used and deeply integrated in the next few years.
Figure: China's 5G base stations exceeded 4.1 million, ranking first in the world
2. Applications and trends of 5G technology
Industry application expansion: 5G technology has been integrated into 80 major categories of the national economy, with a total of more than 100,000 application cases. Large-scale replication has been achieved in industries such as industry, mining, electric power, ports, and medical care, and the number of 5G convergence application standards has exceeded 100. These applications not only improve the efficiency and security of the industry, but also provide strong support for the digital transformation of the industry.
Technology evolution: At present, 5G is upgrading and evolving to 5G-A (5G Advanced), focusing on promoting the R&D of key technologies of 5G-A and 5G mmWave and the maturity of the industrial chain. This evolution will further unleash the potential of 5G technology and lay the foundation for future technology development.
3. Policy and market-driven
Policy support: The Chinese government has given strong policy support to the development of 5G technology. The release of the "5G Large-scale Application "Sailing" Action Upgrade Plan" clarifies that by the end of 2027, a development pattern of "universal capabilities, universal applications, and empowerment and inclusiveness" will be built and formed, and the large-scale application of 5G will be fully realized. The introduction of this series of policies not only provides a direction for the development of 5G technology, but also provides a driving force for the development of related industries.
Market traction: With the maturity and application of 5G technology, the market demand for 5G technology is growing. The application of 5G technology is shifting from technology-driven to value-driven, and from policy-driven to market-driven. This shift means that the application of 5G technology will be closer to the market and user needs, and promote the commercialization and large-scale development of the technology.
4. Conclusion
The development and application of 5G technology not only marks China's overtaking in the field of mobile communications, but also provides new impetus for high-quality economic and social development. With the continuous evolution and deepening of the application of 5G technology, we have reason to believe that 5G technology will achieve wider application and deeper integration in the next few years, pushing China's economy and society into a new stage of development. China's 5G base stations exceeded 4.1 million, which is not only a victory in terms of quantity, but also a victory in technology and application innovation, indicating that China's influence and competitiveness in the global 5G field will be further enhanced.
