The world's first 5G networks were deployed over a year ago, but Gartner only expects 10% of phones to support those speedier networks this year. A limited selection of 5G phones, smaller coverage areas, and higher monthly fees are all expected to throttle the near-term growth of this nascent market.
But after overcoming those initial growing pains, the firm expects 56% of all phones to support 5G networks by 2023. 5G networks will also link up other sectors -- including healthcare, automated factories, smart homes, smart cities, defense systems, and driverless cars -- to the Internet of Things via wireless chips.
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