Thursday, July 7, 2022

5G to top one billion subscriptions in 2022 and 4.4 billion in 2027

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Global mobile network data traffic doubled in the past two years; 4.4 billion 5G subscriptions expected by 2027

Ericsson (NASDAQ: ERIC) has released the twenty-second edition of the Ericsson Mobility Report which projects 4.4 billion 5G subscriptions by 2027, accounting for almost half of all subscriptions globally. Global 5G subscriptions are predicted to pass the one billion milestone by the end of 2022.

The report also reveals that global mobile network data traffic doubled in the past two years. This traffic growth was driven by increased smartphone and mobile broadband usage, as well as the digitalisation of society and industries.

The recent statistics and forecasts highlight the strong demand data connectivity and digital services have, and are expected to have, despite the global Covid-19 pandemic and geopolitical uncertainties. Several hundred million people are becoming new mobile broadband subscribers every year.

The June 2022 Ericsson Mobility Report also verifies that 5G is scaling faster than all previous mobile technology generations. About a quarter of the world’s population currently has access to 5G coverage. Some 70 million 5G subscriptions were added during the first quarter of 2022 alone. By 2027, about three-quarters of the world’s population will be able to access 5G, according to the report. 

The 2027-timeline also includes projections that 5G will account for: 82 percent of subscriptions in Western Europe; 80 percent in the Gulf Cooperation Council region; and 74 percent in North East Asia.

The South East Asia and Oceania region continue to exhibit strong 5G momentum, with 15 commercial 5G mobile networks established across Australia, New Zealand, Singapore, Thailand, Malaysia, and the Philippines.

At the end of 2021, there were approximately 15 million 5G subscriptions which is expected to double during 2022. As more network deployments take place over the next few years, 5G mobile subscriptions are expected to grow at an CAGR of 83 percent over the forecast period, reaching 570 million in 2027.

North America is forecast to lead the world in 5G subscription penetration in the next five years with nine-of-every-ten subscriptions in the region expected to be 5G by 2027. 

In India, where 5G deployments have yet to begin, 5G is expected to account for nearly 40 percent of all subscriptions by 2027. 

Fredrik Jejdling, Executive Vice President and Head of Networks, Ericsson, says: “The latest Ericsson Mobility Report confirms 5G as the fastest growing mobile technology generation ever, and Ericsson is playing a key role in making it happen. We work every day with our customers and ecosystem partners around the world to ensure that millions more people, enterprises, industries, and societies enjoy the benefits of 5G connectivity as soon as possible.”

Peter Jonsson, Executive Editor, Ericsson Mobility Report, Ericsson, says: “The deployment of 5G standalone (SA) networks is increasing in many regions as communications service providers (CSPs) gear up for innovation to address the business opportunities beyond enhanced mobile broadband. A solid digital network infrastructure underpins enterprises’ digital transformation plans, and their new capabilities can be turned into new customer services.”

The report also highlights the increasingly important role that Fixed Wireless Access (FWA) is playing in the delivery of broadband services. Ericsson predicts that the number of FWA connections will exceed 100 million in 2022, a figure that is forecast to more than double by 2027, reaching almost 230 million. 

On the Internet of Things (IoT), the report notes that in 2021, broadband IoT (4G/5G) overtook 2G and 3G as the technology that connects the largest share of all cellular IoT connected devices, accounting for 44 percent of all connections.

Massive IoT technologies (NB-IoT, Cat-M) increased by almost 80 percent during 2021, reaching close to 330 million connections. The number of IoT devices connected by these technologies is expected to overtake 2G/3G in 2023. 

Austech Media is Australian press release distribution and publishing organisation dedicated to the technology industry. Incorporating distribution of technology news and events

Austech Media
Austech Media
Austech Media is Australian press release distribution and publishing organisation dedicated to the technology industry. Incorporating distribution of technology news and events

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