In 5 years the number of global 5G subscribers will reach 1.9 billion

25 June 2019, 11:13:27

In 5 years the number of global 5G subscribers will reach 1.9 billionThe Ericsson Mobility Report released by Ericsson-LG on June 24 says that 5G subscribers worldwide will reach 1.9 billion by 2024 that's 22.9% of the 8.3 billion mobile subscriptions. This marks a 27% increase in the expected growth compared to the November data of 1.5 billion. In the short term, 5G subscribers will be more than 10 million worldwide. The peak of LTE subscriptions is projected for 2022, at around 5.3 billion subscriptions, with the number declining slowly thereafter.

In terms of population coverage, by 2024 45% of the global population will get 5G service coverage. This can reach 65% if the spectrum sharing technology that allows usage of 5G in the Long Term Evolution (LTE) frequency band is taken into account. In addition, 400 million mobile broadband subscriptions are expected by the end of 2024.

The first wave of 5G service and device launches will be based on Non-Standalone (NSA) architecture, which means 5G networks will be supported by existing 4G infrastructure. Chipsets for Standalone (SA) architecture are expected in the second half of 2019. Due to increased interest in deploying 5G network-wide coverage, the first devices in low-band (below 1GHz) are now expected at the end of this year.

The regional data shows that by 2024, 5G mobile subscriptions will be 63% in North America, 40% in Western Europe, and 47% in North-East Asia. Source

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