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South Korea 5G Updates, May 2021

May 18, 2021 | Author : Liz Lee

Overview:

The number of 5G users in South Korea stood at 14.5 million in March 2021, accounting for 20% of the total mobile subscribers (71.1 million) and 66% of the LTE subscribers due to lower-than-expected 5G coverage and network quality, along with an absence of killer content services. However, the continuous investment and technological advancement in the 5G industry is expected to drive replacement demand from LTE subscriptions through this year. South Korea’s 5G smartphone market is expected to grow 50% YoY in 2021, accounting for 87% of the overall smartphone market. 

Table of Contents:

  • Key Takeaways
  • South Korea 5G History 
  • 5G Service Coverage and Subscriptions 
  • 5G Smartphone Sales Trend and Best-selling Models
  • 5G Smartphone ASP Trend 
  • Increased 5G Subsidies and Subsidies for Latest Model 
  • Affordable 5G Plans by MVNOs 
  • 5G Content Rush During Pandemic 
  • 5G Smartphone Market Forecast 
  • After 5G
  • Appendix
    • Specs of 5G Smartphones Released in 2021 
    • 5G Service Tariff and Subsidies (Apr 2021 vs Oct 2020) 

Number of Pages: 21
Author: Liz Lee
Published Date: May 2021

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