5G subscriptions to exceed one billion by the end of 2022 – report

5G subscriptions to exceed one billion by the end of 2022 - report

The current global 5G subscriptions will pass the one billion milestone by the end of 2022. This forecast is contained in the latest edition of the Ericsson Mobility Report.

The report also predicts that globally, 5G is forecast to account for almost half of all subscriptions by 2027, topping 4.4 billion subscriptions.

It also revealed that global mobile network data traffic doubled in the past two years.

Ericsson says this traffic growth was driven by increased smartphone and mobile broadband usage, as well as the digitalization 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.

The report also noted that several hundred million people are becoming new mobile broadband subscribers every year.

The June 2022 mobility report also verified 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.

Commenting, Fredrik Jejdling, Executive Vice President and Head of Networks, Ericsson, said, “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.“

“The deployment of 5G standalone (SA) networks is increasing in many regions as communications service providers (CSPs) gear up for innovation to address business opportunities beyond enhanced mobile broadband,” commented Peter Jonsson, Executive Editor, Ericsson Mobility Report, Ericsson.

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.