5G service revenues in the Asia-Pacific are expected to reach $4.5 billion by 2022 from estimated subscriptions of 280.4 million, according to research by market consultancy firm Frost & Sullivan.
“The push for faster internet speeds through 5G will come from governments and industry regulators that realize its potential contribution toward a country’s economic growth and digital economy transformation,” Quah Mei Lee, Frost & Sullivan Digital Transformation Industry principal, said in a statement on Tuesday.
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