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The growing need for faster internet in China will stimulate the 5G market in this region . Even the Indian government has spent USD 5.5 million over the last couple of years on 5G technology . This investment was primarily directed towards advanced research and development . Most companies operating in this market strive to introduce novel technologies to gain competitive advantage . Also , countries , such as Japan , are planning to exhibit their innovations during the 2018 winter Olympics and 2020 summer Olympics . Key players in the 5G technology market are Verizon Communications Inc . ( U . S .); Nokia Networks ( Finland ); Samsung Group ( South Korea ); AT & T Inc . ( U . S .); The Fraunhofer Society ( Fraunhofer-Gesellschaft ); NTT DoCoMo Inc .; Qualcomm Inc . ( U . S .); Alcatel-Lucent S . A .; Huawei Technologies Co . Ltd . ( China ); and Telefónica S . A . In 2014 , Ericsson sign ed a deal with SK Telecom Co . Ltd . for 5G technology research and development . With a view towards ensuring a strong standardized network , various public bodies such as the Institute of Electrical and Electronics Engineers , the ITU , 3GPP , and a few univers ities have been adding value to the 5G technology industry .
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