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I went to downtown Boston, sat on a park bench, and pulled the laptop out of my bag. As soon as I opened it, I had an active internet connection. I later drove to the beach, got out of the car, and opened the laptop. Right away, the 5G was ready to go.

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BELLEVUE, Wash.—The fifth generation of wireless cellular networks, 5G, had another year of rapid growth in 2022, with global 5G wireless connections hitting 1.05 billion at the end of 2022, up 76% from 2021, according to data from Omdia and 5G Americas.

A new GlobalData report predicts the global 5G market will continue to slowly grow over the next several years, led by advanced markets. However, it added that the broader market is still waiting for compelling services to help drive financial returns.