As of November 2021, there were 469 telecom operators from 140 countries/regions invested in 5G, 182 telecoms from 73 countries/regions of which launched their own commercial 5G services. China, with the largest 5G subscriber base so far, had 667 million 5G users as of October 31, 2021. Amid the race to 5G, countries around the world have been investing in 5G, which has brought new opportunities and challenges for the ICT industry. This report provides an overview of global 5G commercialization plans of telecom operators and examines two key trends towards 5G era.