
Forecasted number of 5G users in China 2020-2030
5G patents
In our increasingly digitalized world where more and more aspects of our life are connected to the internet, 5G has become a key technology shaping the future. Huawei, the Chinese market leader in telecommunications, has filed over 3,000 patents globally as of early 2020, followed closely by its South Korean counterpart Samsung. Meanwhile, Huawei has also contributed the highest number of standards worldwide as of 2018, where the only comparable counterpart is Ericsson from Sweden.
Mobile internet
Unsurprisingly, the telecommunications industry has been among the first industries to take advantage of the unprecedented speeds of 5G mobile internet technology, through smartphones, tablets, and other mobile gadgets. In South Korea, over 25 percent of monthly smartphone mobile data traffic was already using 5G technology, while 5G-enabled smartphone shipments was forecasted to account for over half of all smartphone shipments worldwide by 2023.