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India's 5G revenues are projected to hit $9 billion by 2026, says report

India will account for a mere 1.39 per cent of global 5G revenues, expected to touch $645 billion by 2026

telecom, trai, mobile, data, internet, smarphone, tech, 4g, 5g, tower, spectrum auction
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Surajeet Das Gupta New Delhi
India’s 5G revenues are projected to hit $9 billion by 2026 and will account for 37.7 per cent of its total mobile services revenues, according to a India Mobile Broadband Index 2022 report released by telecom gear maker Nokia today. The projections were done by research agency, Global Data.

However, the study shows that globally, telecom operators will generate as much as 64 per cent of their revenues from 5G services. India, though, will account for a mere 1.39 per cent of global 5G revenues, expected to touch $645 billion by 2026.

The reason for this is two fold: First, tariffs in