Ericsson Forecast: 1 Billion Global 5G Subscriptions in 2023
Global 5G subscriptions will reach 1 billion by the end of 2023, with 5G covering more than 20% of the global population, Ericsson has predicted.
Ericsson’s latest Mobility Report predicts that the first 5G new radio deployments will go live in 2019, with major deployments from 2020. Early 5G deployments are expects in markets including South Korea, Japan, China and the US.
LTE will meanwhile become the dominant mobile access technology by the end of this year. But after reaching a peak in 2021, subscriptions are expected to drop off slightly as they are supplanted by 5G.
Global LTE subscribers are tipped to reach an estimated 5.5 billion subscriptions by the end of 2023, with a global LTE population coverage of 85%.
VoLTE subscriptions are also expected to reach 5.5 billion by end-2023, accounting for more than 80% of combined LTE and 5G subscriptions.
The report also projects that global mobile data traffic will pass 100 exabytes per month in 2023, the equivalent of 5.5 million years of HD video streaming.
- 5G will cover more than 20 percent of the global population six years from now, according to the latest Ericsson Mobility Report
- Mobile data traffic continues to grow, primarily fueled by increased viewing of video content
- LTE will be the dominant access technology by end of this year, driven by demand for improved user experience and faster networks
“The latest report highlights trends in mobile subscription and data traffic growth, as well as the industry’s effort to tackle the increasing demands on mobile networks globally,” Ericsson chief strategy officer and head of technology and emerging business Niklas Heuveldop said.
“In addition, the report examines the emergence of new use cases as network capabilities evolve – smartwatches, IoT alarms, and augmented reality-assisted maintenance and repair, to name a few. As we prepare for 5G, these trends will continue to set the agenda for the mobile industry going forward.”