According to the latest edition of the Ericsson (NASDAQ: ERIC) Mobility Report, , 5G subscriptions will be close to 5.6 billion by the end of 2029 - with global 5G population coverage beyond mainland
About 300 CSPs globally now offer 5G services, of which about 50 have launched 5G Standalone (5G SA).5G continues to grow in all regions and is expected to account for about 60 percent of all mobile subscriptions by the end of 2029. About 160 million 5G subscriptions were added globally in the first three months of 2024 - bringing the total to more than 1.7 billion. Almost 600 million new subscriptions are expected in 2024 as a whole.
Mobile network data traffic grew 25 percent year-on-year between the end of
Mobile data traffic is forecast to grow with a compound annual growth rate of about 20 percent through the end of 2029. About a quarter of all mobile network data was handled by 5G by the end of 2023. This is forecast to grow to about 75 percent by the end of 2029.
Fredrik Jejdling, Executive Vice President and Head of Networks, Ericsson, says: 'The
Fixed Wireless Access (FWA) continues to grow in strength as a 5G use case for communications service providers (CSPs) globally with a sharp increase over the past year in the number of CSPs offering the service. FWA is currently second only to enhanced Mobile Broadband (eMBB) as a 5G use case.
5G mid-band population coverage outside of mainland
On user experience, statistics from a leading service provider reveal 97 percent of all user activities on 5G mid-band achieved a time-to-content of less than 1.5 seconds, compared to 67 percent on 5G low-band and 38 percent on 4G (all bands).
In the
5G is expected to become the dominant mobile access technology by subscription before the end of the forecast period. Although 5G population coverage is growing, 5G mid-band is only deployed in around 25 percent of all sites globally outside of mainland
Daniel Ode, Head of Ericsson Singapore,
Data traffic per smartphone user in
The details, alongside Ericsson's latest mobile industry forecasts, regional breakdowns and customer case studies, feature in the
Based on unique Ericsson and partner network insights, the Ericsson Mobility Report has been the key industry reference for network data, performance, statistics, and forecasts since its launch in 2011.
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