5G-related companies are booming in 2021

On February 8, data from Tianyancha showed that my country has more than 130,000 5G-related companies. Especially in 2021, the growth rate of newly registered 5G-related companies will exceed 200%, which further highlights the rapid development of the 5G industry. From the perspective of geographical distribution, Guangdong, Shandong, and Jiangsu ranked the top three in terms of the number of related enterprises, and Guangdong ranked first in terms of the scale of over 10,000 enterprises.