The latest generation of cellular technology, known as 5G, is designed to enhance the speed and responsiveness of wireless networks. Major global telecom companies are working on deploying these networks commercially. In Pakistan, the IT and telecom sector is seen as a catalyst for growth and has been beneficial for the country’s economy. The industry has continued to grow, with IT exports increasing by 3.5% during the July-January period of the current fiscal year, while rice and textile exports declined.
According to a report by the Global Mobile Suppliers Association, 58 countries have launched 5G networks while others are in the process of deploying them. Over 90 operators have already deployed 5G networks, and over 300 are investing in the technology. It is estimated that 5G connections will reach 2.8 billion by 2025.
In Asia, South Korea, Japan, and China are leading the race in implementing 5G technology. However, Pakistan, India, Indonesia, Vietnam, the Philippines, Malaysia, and Sri Lanka are lagging behind as they have not yet implemented 5G policies.
China is aggressively rolling out its 5G network and aims to spread it to all cities, towns, and most villages by 2025. Despite the negative impact of COVID-19 on most sectors of the global economy, the IT sector has been resilient, and investment has not declined. In Pakistan, foreign direct investment in the technology sector has exceeded $1 billion in the last three years, and IT exports increased by 46% during the fiscal year 2020-21.
In Pakistan, telecom operators, including Jazz, PTCL, Telenor Pakistan, and Zong, have successfully conducted trials of 5G networks. The government is working to create policies and provide a platform for the commercial launch of 5G networks in the country.
With a rapidly growing number of smartphone users, currently around 90 million, and an internet adoption rate of 23% annually, there is significant potential for 5G technology in Pakistan. It is believed that 5G will revolutionize all sectors of the economy in the country.
5G technology will have a significant impact on education, with remote learning becoming increasingly accessible. It will also benefit people in remote areas who will have access to online video animations and lectures through fast connectivity. In the health sector, 5G will allow doctors from urban areas to diagnose patients online through fast connectivity, and it will also help Pakistan’s thriving freelance industry provide services more efficiently.
Finally, the e-commerce industry is expanding rapidly worldwide, and there is great potential for Pakistan to export products to the world through e-commerce. With connectivity provided by 5G networks, Pakistan can boost its economy and contribute to the growth of the global e-commerce market.