US Consumers are Misled About 5G Access

US Consumers are Misled About 5G Access

US Consumers are Misled About 5G Access

Marketsource Retail Trends

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June 1, 2019

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US mobile carriers are racing to invest in the next big thing in wireless — 5G — but the lack of user understanding of the standard will prevent carriers from reaping the benefits of their new network technology. Over four-fifths (81%) of consumers don’t have an understanding of 5G or what it means for the future, a survey by PCMag.com. This indicates that US wireless carriers aren’t doing enough to educate their subscribers about the new network technology, meaning that once 5G does become generally available, customers will have no incentive to upgrade their service plans. This lack of understanding is a major problem for US wireless carriers because it will hinder their ability to tap the annual revenue opportunity for 5G connections by 2025.

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