Ericsson upgrades global 5G subscriber forecasts
Reposted from telecompaper
Tuesday 30 November 2021 | 15:14 CET | News
Ericsson has upgraded its forecast for 5G subscribers at the end of 2021, to a total of close to 660 million. The increase is due to stronger-than-expected demand in China and North America, driven in part by falling prices for 5G devices. In its latest Mobility Report, Ericsson forecast 5G to become the dominant mobile technology by 2027.
In Q3 2021, nearly twice as many 5G subscriptions were added around the world as new 4G connections, at respectively 98 million and 48 million. Ericsson expects that 5G networks will cover more than 2 billion people by the end of this year.
Its latest forecasts put 5G on track to become the dominant mobile access technology by 2027. 5G is expected to account for around 50 percent of all mobile subscriptions worldwide in 2027, covering 75 percent of the world’s population and carrying 62 percent of the global smartphone traffic by the same date.
Ericsson's latest report also looks back on the past ten years of mobile networks. According to the research, around 5.5 billion smartphone users have joined the market in the past ten years, and mobile data traffic has increased almost 300-fold in the same period. In Q3 2021 alone, there was more mobile data traffic than the entire period up until the end of 2016.