In its latest complimentary white paper, “Substance behind the Hype: 5G Smartphones Primed and Ready for Fast Rollout,” business information provider IHS Markit (Nasdaq: INFO) explores how the global 5G transition is poised to take place at a faster pace than for any previous wireless generation transition.

“It is easy to paint the current momentum behind 5G as the usual pre-launch hype drummed up by vested stakeholders,” said Wayne Lam, principal analyst for IHS Markit and lead author of the white paper. “However, the mobile industry is fundamentally better prepared and more aligned with a common standard than at any previous technology transition.”

Industry uncertainly adds friction to development and discourages firms from making big bets when the outcome is less than certain. While past wireless technology upgrades had competing standards vying for industry attention, there is no doubt about the air interface standard that will be used for 5G. “The 5G electronic ecosystem is significantly more mature, at this point, compared to the same time during the LTE transition,” Lam said. “Key 5G chipsets have been tested, proven and designed into devices, and the industry is now poised to deliver their first 5G smartphone in early 2019.”

“As telecom companies embark on the start of another wireless generation transition, they are doing so with a robust and coordinated ecosystem of carriers, handset makers and component suppliers,” Lam said. “By and large, the industry is finding itself with an unprecedented opportunity to execute a wireless transition in the best position possible.”

To download the complimentary “Substance behind the Hype: 5G Smartphones Primed and Ready for Fast Rollout” white paper from IHS Markit, visit https://cdn.ihs.com/www/pdf/0119/IHSMarkit-Whitepaper_5G-Smartphone_Jan2019.pdf.

MEDIA: PLEASE NOTE — Wayne Lam and other industry experts from IHS Markit will be onsite at the upcoming MWC Barcelona, February 25-28, 2019. To schedule an interview before, during or after the show, contact Lee Graham at lee.graham@ihsmarkit.com or press@ihsmarkit.com.

About IHS Markit (www.ihsmarkit.com)

IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.

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