Snapshot: 5G subscriptions
Could there really be more than a billion 5G subscriptions in just over five years?
Could there really be 1.5 billion 5G subscriptions in just over five years? A new
report says yes.
5G is expected to reach more than 40% global population coverage and 1.5 billion subscriptions for enhanced mobile broadband by the end of 2024. This will make 5G the fastest generation of cellular technology to be rolled out on a global scale, at least according to the very latest edition of the Ericsson Mobility Report.
Key drivers for 5G deployment include increased network capacity, lower cost per gigabyte and new use case requirements.
North America and North East Asia are expected to lead the 5G uptake. In North America, 5G subscriptions are forecast to account for
55% of mobile subscriptions by the end of 2024. In North East Asia, the corresponding forecast figure is more than 43%.
In Western Europe, 5G is forecast to account for some 30% of mobile subscriptions in the region by end of 2024.
The uptake of NB-IoT and Cat-M1 technologies is driving growth in the number of cellular IoT connections worldwide.
Of the 4.1 billion cellular IoT connections forecast for 2024, North East Asia is expected to account for 2.7 billion – a figure reflecting both the ambition and size of the cellular IoT market in this region.
Diverse and evolving requirements across a wide range of use cases are prompting service providers to deploy both NB-IoT and Cat-M1 in their markets.
Mobile data traffic up 79% between Q3 2017 and Q3 2018 – China a key engine
Mobile data traffic in Q3 2018 grew close to 79% year-on-year, which is the highest rate since 2013. Increased data-traffic-per-smartphone in
North East Asia– mainly in China – has pushed the global figure notably higher.
With a traffic growth per smartphone of around 140% between end 2017 and end 2018, the region has the second highest data traffic per smartphone at 7.3 gigabytes per month.
This is comparable to streaming HD video for around 10 hours each and every single month.
As 5G now hits the market, its coverage build-out and uptake in subscriptions are projected to be faster than for previous generations.”
- Fredrik Jejdling, executive vice president and head of business area networks at Ericsson