Network operator revenue from 5G was USD29 billion worldwide in 2020 and we predict that this will increase to USD456 billion in 2025.
Network operator spend (capex) on 5G was around USD26 billion worldwide in 2020, approximately 15% of total network capex. We forecast that operators will invest about USD115 billion in 5G in 2026, approximately 75% of total network capex.