2G & 3G Switch Off Market Analysis, Trends, and Scope 2021 to 2030
2G & 3G Switch Off Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2020 | US$ 28.75 Billion |
Market Size by 2030 | US$ 3.65 Billion |
Global CAGR (2020 - 2030) | -18.6% |
Historical Data | 2018-2019 |
Forecast period | 2021-2030 |
Segments Covered |
By Type
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Regions and Countries Covered | North America
|
Market leaders and key company profiles |
2G & 3G Switch Off Market Recent Developments:
- In December 2023, O2 Slovakia announced plans to steadily phase out its 3G network starting January 2024, citing decreasing usage and focus on modern 4G and 5G technologies. The company will begin switching off the 3G network in designated areas of Slovakia at the end of January 2024, progressively extending the shutdown across the country over the next two years. O2 noted that the usage of 3G has diminished significantly, reaching a minimal level presently due to the advent of 4G and 5G technologies.
- In July 2023, Singtel, StarHub, and M1 unveiled plans to shut down their 3G networks in Singapore from July 31, 2024, with all three to repurpose the spectrum to improve 5G services. In a joint statement, the operators noted they have been pressing 3G customers to migrate to 4G or 5G services in recent years and plan to implement measures in the coming months to help users shift to other networks.