Cheerleading from 5G Americas contradicts disappointing financial results from 5G telcos
Chris Pearson, President of 5G Americas said,”5G continues to make significant progress throughout the world. The foundation of this new era of innovation is spectrum, standards (lack thereof?) and a growing ecosystem of key technologies that are being adopted by operators, vendors and end users.”
With 75 countries reporting 5G connections, most recent data from Omdia suggests 433 million global 5G connections were added from Q3 2021 to Q3 2022, almost doubling connections from 489 million to 922 million. Overall, those figures represent 14.4 percent sequential quarterly growth from 806 million in Q2 2022 to 921 million in Q3 2022. Global 5G connections are forecast to again accelerate in 2023, approaching 2 billion and reaching 5.9 billion by the end of 2027.
North America is a leader in the uptake of wireless 5G connections with a total of 108 million 5G and 506 million LTE connections by the end of Q3 2022. 5G penetration of the population in the North American market is approaching 30 percent, as the region added 14 million 5G connections for the quarter – a gain of 15.47 percent over Q2 2022. Overall, a total of 137 million 5G connections is projected to come from North America by the end of 2022, bolstered by strong 5G smartphone shipments in the US. IDC predicts the US 5G smartphone market will reach 118.1 million units shipped in 2022, showing a 27% increase from 2021.
Kristin Paulin, Principal Analyst at Omdia said, “There is still much more to come from 5G that will drive growth. Expanding mid-band coverage will bring a better 5G experience, balancing coverage and speed. And the standalone 5G deployments in progress will enable new applications that take 5G to the next level.”
In comparison, 4G LTE is expected to remain strong in Latin America and the Caribbean through the end of 2022. In Q3 2022, there were 530 million 4G LTE connections, representing 2.14 percent quarterly growth with the addition of 11 million new LTE subscriptions. Latin America and the Caribbean is projected to have 22 million 5G connections by year end of 2022, and 399 million by 2027.
According to Jose Otero, Vice President of Caribbean and Latin America for 5G Americas, “With over half a billion connections, 4G LTE is the foundation of mobile wireless connectivity throughout the Latin America region. Yet, as we look forward to the future, 5G will begin to play a bigger and bigger role for citizens in the region as deployments and connections increase significantly.”
Overall, the number of 5G commercial networks globally has reached 250, according to data from TeleGeography and 5G Americas. That number is expected to reach 253 by the end of 2022 and 397 by the end of 2025 representing strong 5G network investment growth in many regions throughout the world.
The number of 5G and 4G LTE network deployments as of December 14, 2022, are summarized below:
- Global: 250
- North America: 14
- Caribbean and Latin America: 28
- Global: 702
- North America: 17
- Caribbean and Latin America: 131
Visit www.5GAmericas.org for more information, statistical charts, infographic and a list of LTE and 5G deployments by operator and region. Subscriber and forecast data is provided by Omdia and deployment data by TeleGeography (GlobalComm).
About 5G Americas: The Voice of 5G and LTE for the Americas
5G Americas is an industry trade organization composed of leading telecommunications service providers and manufacturers. The organization’s mission is to facilitate and advocate for the advancement and transformation of LTE, 5G and beyond throughout the Americas. 5G Americas is invested in developing a connected wireless community while leading 5G development for all the Americas. 5G Americas is headquartered in Bellevue, Washington. More information is available at 5G Americas’ website and Twitter.
5G Americas’ Board of Governors Members include Airspan Networks Inc., Antel, AT&T, Ciena, Cisco, Crown Castle, Ericsson, Intel, Liberty Latin America, Mavenir, Nokia, Qualcomm Incorporated, Samsung, Shaw Communications Inc., T-Mobile US, Inc., Telefónica, VMware, and WOM.
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