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5G Tariff Tracker Q1, 2020 - Two Trends Have the Potential to Make 5G the Transformative Technology of the YearDUBLIN, Jan. 24, 2020 /PRNewswire/ -- The "Global 5G Tariff Tracker - 2020 Q1 Edition" report has been added to ResearchAndMarkets.com's offering. This report provides pricing information on all of the 5G services commercially launched by MNOs to-date. Available as a one-off or a yearly subscription, it is updated quarterly. 1 Year Subscription delivery is on a quarterly basis and includes January, April, July, and October. It is still early days for 5G services launches. Initially, 5G services were launched in the USA, Korea, China, Australia, New Zealand, Switzerland, etc. but have expanded rapidly and the January 2020 edition covers just under 40 operators.
The latest 5G Pricing and Analysis shows increases in 5G pricing, speeds, and data allowances: 5G average prices are now USD $79.97 per month in return for more data & higher speeds. Lower cost 5G Chinese smartphones are on their way - 5G smartphone purchase costs are currently CNY 3,000 (USD $429) but are expected to fall during 2020, with Xiaomi sub-brand Redmi announcing their K30 5G smartphone for a cost of CNY 1,999 (USD $286) to start deliveries during the year. With the new 5G devices the price gap between 4G and 5G device costs will start to narrow. The highest 5G price levels are to be found in the Middle East - The highest price levels are found in Kuwait, Qatar and Saudi Arabia which also have the highest mobile data allowances. However, the price premium charged offers regional disparities for pricing, with Post Pay rental rates already being higher in the Middle East than in other regions. Overall 5G will follow existing country market pricing trends rather than eradicate them. Although the average 5G data allowance looks high the actual number of plans show a more nuanced story - Out of the 121 x 5G plans surveyed worldwide, the greatest proportion (some 41%) consists of mobile data allowances of less than 100 GB per month. The single most common allowance is 100 GB. One of the reasons for the cautious approach in providing data bundles appears to be the determination of MNOs (particularly in South Korea and China) to offer lower-cost 5G entry-level pricing with mobile data allowances starting as low as 8 GB and 30 GB respectively. MNOs appear wary of charging a price premium for 5G services - Although still at an early stage, MNOs are offering 5G at a small or no premium charge to normal mobile data services. Vodafone New Zealand, for example, offer 5G speeds at no extra cost until the end of June 2020. In Bahrain, STC provides 5G speeds at an additional cost of BD 5 (USD $13.25) per month (available for both Pre Pay and Post Pay users). In the USA Verizon provide 5G with its Unlimited plans for an additional USD $10 per month whilst competitor T-Mobile charges no price premium at all. 5G theoretical download speeds offered have increased sharply - The average advertised 5G download speed has increased - from 582Mbps up to 736Mbps, with a number of MNOs claiming 5G download speeds of 2Gbps, with the most common average advertised download speed now being 1,000 Mbps (52% of all plans). It should be noted that independent verification of these speeds is yet to emerge, and that 5G download speeds could reduce as more users join the network leading to more congestion. The majority of 5G plans are still based on data consumed rather than on download speed - But some MNOs (such as Vodafone Spain) have a price tier per download speed (ranging from 2Mbps up to 2Gbps) and the Chinese MNOs have adopted a hybrid price strategy - whereby there are speed tiers with different data allowances for each speed tier. Around half of all MNO launches so far have incorporated 5G as part of an existing smartphone Post Pay price plan. However, it should be noted that 5G services are still at an emergent stage, with network coverage, availability and the purchase cost of handsets acting as barriers to mass-market deployment. The deployment of 5G already has been surprisingly widespread when compared with the early stage of 4G LTE. And 5G is soon poised to enter the mainstream as more MNOs offer lower-cost entry-level packages and the availability of lower-cost 5G smartphones starts to improve later in 2020. These two trends have the potential to make 5G the transformative technology of the year. For each of the MNO 5G launches the 5G Price Tracker provides the following details: 1. The 5G service plans available For more information about this report visit https://www.researchandmarkets.com/r/48fu8p Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Research and Markets View original content:http://www.prnewswire.com/news-releases/5g-tariff-tracker-q1-2020---two-trends-have-the-potential-to-make-5g-the-transformative-technology-of-the-year-300992830.html SOURCE Research and Markets |