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According to data, in 2019, 5G-enabled smartphones accounted for approximately 1% of total smartphone shipments worldwide, which increased to around 20% in 2020. For example, in February 2019, Samsung jumped into 5G industry by releasing the Samsung Galaxy S10 5G, a super-fast variant of the Samsung Galaxy S10. This has prompted mobile manufacturing vendors to release new 5G-enabled phones into the market. According to data, approximately 40% of the world's total population owned a smart device in 2018, and the smartphone penetration rate reached nearly 50% in 2020. With the increased use of smart mobile phones and tablets around the world, there is a high demand for 5 G-enabled devices. Rising demands for mobile data services is expected to boost the market for 5G technology. The Global "5G Technology Market" is expected to grow at a CAGR of 98.17% during the forecasting period (2021 -2028). 5G technology will provide "connectivity" that is virtually ubiquitous, ultra-high bandwidth, and low latency not only to individual users but also to connected objects. Global 5G Technology Market is segmented By Application (Automobiles, Energy & Utilities, Retail, Intelligent Buildings & Infrastructures, Industrial Automation, Consumer Electronics, Public Infrastructure, Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2021-2028ĥG networks are digital cellular networks in which providers' service areas are divided into small geographical areas called cells. Gynaecology and Paediatric Disposable Products Information, Communication and Technology ^ Aerospace & Defence Systems & TechnologiesĬoatings, Adhesives, Sealants and Elastomers