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One third of people plan to buy a 5G phone in 2020

(Image credit: GSMArena)

Mobile phone resource GSMArena has carried out a poll that reveals some interesting statistics regarding people’s opinion on 5G in 2020. 

The poll found that a third of the people plan to buy a 5G phone in 2020, with another third more interested in other smartphone features, and 31% saying that costs would have to drop before they would consider it.

In the poll, which canvassed opinion from 6,870 visitors to the GSMArena website, 14% said they would buy a phone and a 5G plan by the end of the year, with a further 19% saying they would also buy a 5G handset, but for future-proofing, and without a plan.

At least another year or two

A commenter on the GSMArena website echoed some of the concerns raised in the poll over 5G availability: “I'm not really interested in 5G at the moment. I use AT&T in the US, and they're deploying the mmW and also the sub-6GHz versions. The sub-6GHz is available in my area, but it's likely still to be spotty and take at least another good year or two to make it outside major cities. I remember it took LTE a good while to be ubiquitous," they said.

"I have yet to see a killer app for 5G that makes me say "OK, I have to have this". LTE was a big step up in speed from 3G, so the use was obvious. I could have decent speeds that were almost homelike while I was on the road. While 5G promises that as well, the tech is either more geographically limited, or doesn't offer a significant upgrade over what I have right now,” they said.

As well as the higher cost of 5G devices and plans, it’s also apparent that many of the 31% of people not looking for a 5G phone right now are also being put off by poor 5G coverage, even in some of the world’s largest urban areas.

Fiona discovered her love for investing and making money from a young age. Since then this interest has grown and now she loves writing about investing and business, and follows the 5G market closely. She is also a technology enthusiast, and so they tend to be her favourite investments.