Global 5G Subscriptions to Reverse 4G by 2027, Ericsson Reports
On November 26, Sweden's Ericsson released the latest edition of its Ericsson Mobility Report on trends in the global mobile communications market (November 2024). According to this report, the number of 5G subscriptions worldwide will reach 2.1 billion at the end of September 2024....
2024/12/17
Posted on 12/17/2024
On November 26, Sweden's Ericsson released the latest edition (November 2024) of its Ericsson Mobility Report on trends in the global mobile communications market. According to the report, the number of 5G subscriptions worldwide was 2.1 billion at the end of September 2024 and is projected to reach approximately 2.3 billion, or a quarter of all mobile subscriptions, by the end of 2024. The number of 5G subscriptions is also expected to surpass 4G subscriptions in 2027, one year earlier than previously forecast, and grow to 6.3 billion, or 67% of all mobile subscriptions, by the end of 2030.
The report highlights the mobile market's AI functionality in high-end handsets, the emergence of attractive low-end handsets to stimulate new smartphone demand, the increase in global 5G mid-band population coverage, and the growth of fixed wireless access (Fixed Wireless Access, FWA) services, as well as other The report highlighted trends in the mobile market. The report also presents case studies of T-Mobile (U.S.) and Elisa (Finland), which were among the first to introduce network slicing capabilities and see business opportunities in differentiated connectivity and FWA services.
The report also presents the following figures on trends in the global mobile telecommunications market
- 5G communications are expected to account for 80% of all mobile data traffic by the end of 2030.
- Less than 20% of the world's 320 telecommunications service providers are currently deploying 5G SA.
- By the end of 2024, 5G mid-band population coverage will reach 40%, excluding mainland China.
- The world's first commercial 6G deployment is expected in 2030.
Fredrik Jejdling, Executive VP of Ericsson, said, "The shift to high-performance programmable networks enabled by openness and the cloud will allow carriers to offer and charge for services based on the value delivered, not simply the volume of data" and and "This report underscores the critical importance of service differentiation and performance-based revenue opportunities to the evolution of the industry.
