Global 5G subs to reach 1.5 billion by 2024 - Ericsson

News Wireless Global 27 NOV 2018
Global 5G subs to reach 1.5 billion by 2024 - Ericsson
Global 5G subscriptions are set to reach 1.5 billion by the end of 2024, when the technology will be available to more than 40 percent of the world's population, according to the latest of Ericsson’s semi-annual mobility reports. North America and northeast Asia are expected to lead the 5G uptake, with US service providers already beginning to offer 5G services this year or in 2019, rising to 55 percent of mobile subscriptions by the end of 2024. In northeast Asia, the corresponding forecast figure is over 43 percent.

The first commercial 5G subscriptions in Europe are expected next year, with the technology set to account for some 30 percent of mobile subscriptions in the region by end of 2024, said the report. Total mobile subscriptions are forecast to rise to 8.9 billion at the end of 2024, up from 5 billion at the end of this year.

Global mobile data traffic, meanwhile, grew 79 percent year-on-year in Q3 2018, the highest rate since 2013. Increased data-traffic-per-smartphone in northeast Asia, above all China, pushed the global figure notably higher, said Ericsson, adding that the region now has the second highest data traffic per smartphone at 7.3GB per month. North America still has the highest data traffic per smartphone, set to reach 8.6GB per month by the end of this year.

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Wireless, Consumer, Market research

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