China also took a major blow in the competition when its telecom giant Huawei was accused of spying on users through its 5G equipment on behalf of the government. Currently, the US and South Korea, as well as China, lead the way in 5G deployments. However, the latter managed to race against the clock and snub Verizon’s launch by a few hours. April 2019 saw a manifestation of the race when US-based Verizon rescheduled the launch of their 5G networks one week ahead of plans to snatch the victory from South Korean telecommunications companies. This is why even countries compete with each other for the prestige of being called the 5G leader. The disruptive potential and the popularity of 5G are massive. And a high number of 5G startups & scaleups operate from Germany, China, the Netherlands, and India as well. Another major hub is centered in London, UK. Telecom startups working on 5G technologies are primarily located in the United States: California and New York. The Global Startup Heat Map above gives you a clear picture of where the major hubs are, as well as up-and-coming regions that show significant activity. We looked at the global geographic distribution of 600 5G startups & scaleups. Heat Map: 600 Startups Developing 5G Solutions To discover innovations in telecommunications tech, we used the StartUs Insights Discovery Platform, covering over 1.3 million startups & scaleups globally, to identify emerging companies that develop 5G technologies. More countries deployed the networks and both established companies and startups developed new solutions and applications for 5G.Īs a company with a mission to map the world’s information on innovations, emerging companies, and technologies, we routinely look into emerging solutions that impact lives globally.
5g technology world full#
Although for now, 5G may not have enough coverage to release its full potential, the technology has been developing rapidly in 2020. 5G expands connectivity solutions for many industries, as well as creates new services. The technology is meant to connect more users and bring about a better user experience. The 5th generation of mobile network communication provides low latency, high broadband, and fast speed to improve the availability and reliability of wireless data transmission.