According to OMDIA, they rank South Korea as the top global 5G market
Global research company OMDIA has released the second version of its Global 5G Progress Update, March 2020 report showing that South Korea is the leading country for 5G deployment in the twenty two leading 5G countries OMDIA analyzed for their deployment of 5G technology.
The OMDIA research assessed the deployment progress of 5G based on operator launches, network coverage, subscriber take-up as well as 5G spectrum availability and regulatory eco-system.
Based on these factors OMDIA’s research concluded that South Korea – as it did in the 4G era – has established itself as the early market-leader for 5G technology deployment with Kuwait and Switzerland following behind.
“Korea is leading the way with adoption reaching 5.88 million at the end of March; approaching ten percent of wireless services in the market,” the report says.
“However, expansive coverage rolled out by Sunrise and Swisscom in Switzerland, Ooredoo and Vodafone in Qatar and Kuwait three service providers has rivalled Korea for breadth of market coverage.”
Commenting on the report OMDIA Principal Analyst Stephen Myers said:
“The global market is steadily gearing up for 5G deployment but right now South Korea is leading the way – although markets like Switzerland have also made steady progress.
“Despite the COVID pandemic we are seeing governments and regulators pushing ahead with their allocation of 5G spectrum and operators continue to launch and expand 5G network coverage.
“We can expect to see a much larger number of commercial 5G launches in major global markets in the next 12-18 months as more spectrum is released across the world.”
SOURCE Omdia