China's Digital Economy and 5G Market Research Report

With the development of 5G commercial use, the impact of 5G on the economy and society is gradually emerging. At present, this impact is prominently reflected in the promotion of the development of the digital industry, but 5G's supporting role in the transformation and upgrading of the real economy and its ability to create a better life for the people have also begun to emerge with the innovation and proliferation of applications.

As a key base of digital infrastructure and a technology industry with extensive relationships, the development of 5G is expected to drive the rapid growth of the digital economy and accelerate the pace of digital transformation of the economy and society.

From a global perspective, the mobile coverage of various technologies in the world from 2011 to 2026, 5G has shown a rapid growth trend from 2019, while LTE has maintained a growth trend from 2011 to 2018, but with the emergence of 5G , LTE growth has slowed since 2019.

In the Chinese market, from January 2021 to February 2023, the monthly revenue of China's telecommunications industry will generally remain between 100 billion and 150 billion yuan, which is relatively stable. From June 2021 to February 2023, the number of 5G users in China will continue to grow, from 230 million users in June 2021 to 592 million users in February 2023. Judging from the number of 5G users of Chinese telecom companies in December 2022, China Mobile has 614 million users, China Telecom has 267 million users, and China Unicom has 212 million users.

In terms of infrastructure, in 2022, China's 5G base station manufacturers' market share, Huawei accounted for the highest 59%; in 2019 and 2020, China's 5G capital expenditure investment in 2019, China Telecom, China Mobile, and China Unicom were 1.3 billion US dollars, 34 billion US dollars and 11 billion US dollars, while the capital expenditure investment of China Mobile and China Unicom in 2020 will be US $15.7 billion and US $11.3 billion. In 2023, the three basic telecom operators plan to spend a total of about 149.5 billion yuan on 5G capital expenditure. As of June 2022, the geographical distribution of China's 5G base stations: the east has the highest proportion, accounting for 48.6%, followed by the west, accounting for 24.28%, and the last is the central area, accounting for 20.83%.

In terms of 5G mobile phones, China's monthly 5G smartphone shipments from May 2021 to July 2022 will be the highest at 29 million in November 2021 and the lowest at 11.4 million in February 2022 department. Looking at the hot-selling 5G smartphone models in China in 2022, the top five mobile phone brands with the highest proportion are all iPhones.

From the perspective of users, the two main reasons for China to use 5G mobile Internet in 2022 are to follow current trends and fast network speed, and part of the reason is the work or company requirement. The main reason why China will not use 5G mobile Internet in 2022 is that users think that 4G service is sufficient for personal use. In 2022, consumers choose China Mobile's 5G traffic package, and 70.3% of users choose a package service of less than 150 yuan per month.

Report Link：China's Digital Economy and 5G Market Research Report

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