INDIA is expected to become the second largest 5G market after China in 10 years, said a senior official at the Chinese telecom company, Huawei, yesterday (24).
“We know India as an important emerging market. From the long-term perspective, India’s 5G market will be huge and second only to China. This can be the long-term perspective of 10 years,” James Wu, president, southern-east Asia region at Huawei Technologies.
Global telecom industry body GSM association has projected that there will be 1.4 billion 5G connections globally by 2025, accounting for about 15 per cent of the total market.
By this point, almost half of connections in the US will be 5G, 30 per cent will be 5G in China, and five per cent in India. India will be the second-largest market from industry perspective, Wu said.
Huawei has tied up with Vodafone Idea and Bharti Airtel for 5G trials.
The Chinese telecom company is keen to set up a 5G test lab in India as well.
“If the government of India invites us for setting 5G test lab, we will welcome it,” Wu said.