The Ministry of Industry and Information Technology recently revealed that five cities including Wuhan, Hangzhou, Shanghai, Guangzhou and Suzhou have become China Mobile's first 5G pilot cities. According to the plan, before the end of the year, Wuhan will build more than 100 5G pilot stations, complete the construction and testing of the 5G experimental network, and realize the 5G commercial use of the military sports next year. According to the person in charge of Wuhan Mobile, after the 5G network is commercialized, the communication rate can be increased by more than 10 times. At the same time, it has the characteristics of ultra-high reliability, ultra-low latency, and large connection number. Unmanned driving, telemedicine, smart home, etc. Will gradually enter daily life. In recent years, China's communications industry has developed rapidly, and its main business indicators are improving. 5G will become the next development opportunity.
First, the total volume of telecommunications services has increased substantially, and the growth of telecommunications revenue has accelerated.
According to the Ministry of Industry and Information Technology, preliminary calculations showed that the total volume of telecom services in 2017 reached 2,755.7 billion yuan (according to the constant unit price in 2015), an increase of 76.4% over the previous year, an increase of 42.5 percentage points over the same period of the previous year; Yuan, an increase of 6.4% over the previous year, and the growth rate increased by 1% year-on-year. In January-February 2018, the total volume of telecom services was 685.3 billion yuan, up 117% year-on-year; the revenue of telecom services was 216.8 billion yuan, up 4.9% year-on-year.
Chart 1: Total telecommunications business and business revenue growth in 2010-2017 (unit: %)
Source: Forwarding Industry Research Institute of the Ministry of Industry and Information Technology
In 2017, the revenue of fixed communication business was 354.9 billion yuan, an increase of 8.4% over the previous year. The mobile communication business realized revenue of 907.1 billion yuan, an increase of 5.7% over the previous year, accounting for 71.9% of the telecommunications business revenue, down 0.5 percentage points from the previous year. Looking ahead, with the development of mobile communications, it is expected that the proportion of mobile communications revenue will continue to rise in the future.
Chart 2: Changes in the proportion of fixed and mobile communications revenue in 2012-2017 (unit: %)
Source: Forwarding Industry Research Institute of the Ministry of Industry and Information Technology
Second, the data and Internet business grew steadily
In recent years, the accelerated implementation of the broadband China strategy has driven the accelerated development of data and Internet services. In 2017, in the fixed communication business, fixed data and Internet business revenue reached 197.1 billion yuan, an increase of 9.5% over the previous year, and the proportion of telecom business revenue increased from 15.2% in the previous year to 15.6%. The revenue of telecom business increased by 1.4 percentage points, contributing 21.9% to the growth of business income of the whole industry.
From the perspective of market segments, benefiting from the substantial increase in fiber access rates, convergence services such as home smart gateways, video calls, and IPTV are accelerating. In 2017, the annual revenue of IPTV business was 12.1 billion yuan, an increase of 32.1% over the previous year; the income of the Internet of Things business increased by 86% compared with the previous year.
Chart 3: Changes in fixed data and Internet business income in 2012-2017 (unit: 100 million yuan, %)
Source: Forwarding Industry Research Institute of the Ministry of Industry and Information Technology
In 2017, mobile data and Internet business revenue in the mobile communication business was 548.9 billion yuan, up 26.7% over the previous year. The proportion of revenue from telecom services increased from 38.1% in the previous year to 43.5%. The growth contribution rate reached 152.1%.
Chart 4: Changes in mobile data and Internet business revenues in 2012-2017 (unit: 100 million yuan, %)
Source: Forwarding Industry Research Institute of the Ministry of Industry and Information Technology
Third, the 5G strategic deployment has been completed, which will drive the next round of development of the communications industry.
In August 2017, the State Council issued the “Guiding Opinions on Further Expanding and Upgrading the Potential Consumption of Information Consumption to Continue to Release Domestic Demandâ€, pointing out that “accelerating the fifth-generation mobile communication (5G) standards research, technology testing and industrial promotion, and striving to start commercial use in 2020 ".
Due to the broad prospects of 5G applications, the battle for the commanding heights of 5G strategy has been surging. Faced with competition from countries such as Europe, Japan, South Korea and other countries, Chinese companies have invested heavily in R&D and layout in 5G technology and network applications, and hope to eventually “take down†the 5G standard and occupy the dominant position in the entire industry chain. At present, China Mobile, China Unicom and China Telecom have announced 5G deployments. The specific timetable is as follows:
Figure 5: China's three major operational 5G deployment plans
Source: Prospective Industry Research Institute
According to the "White Paper on Economic and Social Impacts of 5G" of China Telecomtsu Institute, the direct output and indirect output driven by 5G will reach 6.3 trillion and 10.6 trillion yuan respectively in 2030. From the perspective of industrial structure, the driving force for output growth has been transformed with the deepening of the 5G commercial process. In the early stage of 5G commercialization, operators will carry out network construction on a large scale. The equipment manufacturer's revenue brought by 5G network equipment investment will become the main source of 5G direct economic output. It is estimated that in 2020, the total revenue of network equipment and terminal equipment will be about 450 billion yuan. , accounting for 94% of the total direct economic output. In the middle of 5G commercial use, terminal equipment expenditures and telecom service expenditures from users and other industries continued to grow. It is estimated that by 2025, the above two expenditures will be 1.4 trillion and 0.7 trillion yuan respectively, accounting for the total direct economy. 64% of output. In the middle and late stage of 5G commercialization, Internet companies and 5G-related information service revenues have grown significantly and become the main source of direct output. It is estimated that in 2030, Internet information service revenue will reach 2.6 trillion yuan, accounting for 42% of total direct economic output. %.
Mccb Breaker,Mccb Circuit Breaker,Overload Protection Mccb,Moulded Case Circuit Breaker
ZHEJIANG QIANNA ELECTRIC CO.,LTD , https://www.traner-elec.com