LightCounting releases its China Wireless Infrastructure & Macroeconomics Update 1H22
LightCounting’s latest report provides an update on the 5G radio access (RAN) developments in China, including macroeconomics, geopolitics, and technology.
Until 1Q22, China seemed to be on track to become the world’s largest economic power between 2026 and 2028. Suddenly, the outlook looks different because China’s zero-COVID-19 policy is backfiring on top of the ongoing real estate crisis.
1H22 data confirmed that 2022 started with significant headwinds that are dramatically slowing China’s economy and seriously compromising its 5.5% planned annual GDP growth. It is now clear that this growth target won’t be reached as a result of government crackdowns on various industries starting with tech, finance and tutoring companies and tighter control over property developers.
“Without the solid expansive telecom infrastructure, China’s economic ascension would have never happened. As 5G is the key enabler of China’s digital economy, 5G rollouts have remained steady in 1H22 and the full year will see a larger rollout than initially planned.” said Stéphane Téral, Chief Analyst at LightCounting Market Research.
Since the telecom restructuring of 2009, 3 major service providers -- China Mobile, China Unicom and China Telecom -- have emerged with a combined 2G/3G/4G/5G base station (BTS) footprint of 9.96M and a combined total of 1.42M 5G base stations as of December 31, 2021, and as of July 31, 2022, China’s MIIT reported 5G BTS reached 1.97M.
Our major findings in this edition of the China Wireless Infrastructure report are:
About the report:
LightCounting’s China Wireless Infrastructure and Macroeconomics report focuses on 5G radio access (RAN) developments in China, including macroeconomics, geopolitics, and technology. The publication date is scheduled a few weeks after the 4 services providers (China Broadcasting Network, China Mobile, China Telecom, China Unicom) provide their annual reports and updated biannually, so that we can gather many details about 2021 and provide a 2022 outlook and a 5-year forecast. This report also includes RAN vendor market shares and analysis.