According to Gartner's forecast, outdoor surveillance cameras will account for 70% of 5G Internet of Things (IoT) terminals by 2020, and will decrease to 32% by the end of 2023.
By 2020, the number of connected outdoor surveillance cameras will reach 2.5 million, by 2021 it will reach 6.2 million, by 2022 it will reach 11.2 million, but by 2023 it will surpass connected cars.
Gartner predicts that from 2020 to 2021, the number of 5G Internet of Things (IoT) terminals will increase from 3.5 million in 2020 to 11.3 million in 2021, more than tripling. By 2023, there will be nearly 49 million 5G Internet of Things (IoT) terminals.
In the long run, connected cars will provide the greatest opportunity for 5G IoT. In 2023, the automotive industry will become the largest market for 5G Internet of Things (IoT) solutions, accounting for 53% of 5G IoT terminals. The on-board chargers, DC-DC converters, inverters, and battery management systems specifically designed for new energy vehicles require the use of a large number of PCBs, while the network communication functions for mobile communication, multimedia leisure, and safe driving assistance pose higher requirements for PCB boards.
But some people believe that 5G IoT is still in the development stage. The reason why 5G is so popular is because telecom equipment manufacturers have joined forces to deceive the government and telecom operators.
Others believe that 5G IoT is the trend of the times. They are waiting for the full 5G era to arrive.
Keeping up with the pace of the 5G era, we are adjusting our operational strategies to support an increasing number of customers in developing and manufacturing 5G IoT devices. More and more devices are becoming smaller, lighter, and smaller in size. Flexible boards will occupy a large market share in the PCB market. In addition, rigid flexibility will follow the steps of 5G IoT.
Benefiting from the huge business opportunities brought by 5G IoT, the PCB industry plays an important role in 5G base station construction, network architecture, equipment transmission, and other fields. It provides high integration, high-frequency, multi-layer, high-temperature high-speed boards, high-frequency boards, and high-speed copper-clad laminates, which can meet the requirements of 5G high-speed and secure transmission.
5G is a double-edged sword, both important and challenging. Are you ready?