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According to a report released this month by GSMA Intelligence, the US is set to emerge as a "5G pioneer market", with 100 million 5G connections in service by 2023. By the year 2025, the number of 5G connections in the US will grow to 190 million.

The report states that one major use case for 5G will be mobile broadband networks, which is not surprise, as smartphones are virtually ubiquitous in the US, and will likely be even more popular by 2025.  The low latency of 5G networks will also give rise to the other use case: widespread Internet of Things (IoT) deployments. The latency standard for 5G is roughly 1 ms, a 30 times improvement over legacy 4G latency

Things like video streaming, virtual reality (VR), augmented reality (AR), and 'smart city' deployments all stand to benefit from 5G as well. Next-gen technologies such as fixed wireless, artificial intelligence (AI), autonomous cars and even robotic surgery, will all significantly evolve with 5G.

There are, however, some areas of concern regarding the advancement of 5G. The first is a need for regulation that prioritizes network operators and makes spectrum available for 5G. Secondly, there are infrastructure needs, such as small cell deployments, and policies required to enable infrastructure sharing arrangements to speed these updates. Lastly, the financial investment required to 5G will need to be met with policies that supports competition and encourages innovation.

The 4G mobile environment helped move users from being connected consumers to digital consumers. But, from the present to 2020, 5G will help transition users to the next stage—the "augmented consumer."

The US is rapidly moving from trials to commercialization of 5G, but the rollout will happen in phases, the report said. The third and final phase will be happening by 2025 and beyond, and will involve the use of 5G core technologies and new radio applications to more fully realize the technology's potential.

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The GSMA represents the interests of mobile operators worldwide, uniting nearly 800 operators with more than 300 companies in the broader mobile ecosystem, including handset and device makers, software companies, equipment providers and internet companies, as well as organisations in adjacent industry sectors. The GSMA also produces industry-leading events such as Mobile World Congress, Mobile World Congress Shanghai, Mobile World Congress Americas and the Mobile 360 Series of conferences. For more information, please visit the GSMA corporate website at www.gsma.com