The global 5G market defies macroeconomic challenges

Its November 2022 edition Ericsson Mobility Report It found that despite current and developing economic challenges in many parts of the world, global 5G subscriptions are expected to top one billion by the end of this year and five billion by the end of 2028.

If the current rate of growth is maintained Report, Ericsson believes 5G will reach the billion sub-benchmark two years faster than 4G. The report predicts that global fixed wireless access (FWA) connections will grow faster than previously expected, a key early 5G use case, especially in regions with undeveloped or underdeveloped broadband markets.

For 5G as a whole, the study said around 110 million subscriptions were added worldwide between July and September 2022, bringing the total to around 870 million. Key growth drivers Availability of devices from multiple suppliers is noted, With prices falling faster than 4G, and China’s massive initial 5G deployment.

The report also showed that globally, around 230 communication service providers (CSPs) have launched 5G services so far, with more than 700 5G smartphone models announced or commercially launched.

Five billion 5G subscriptions are forecast worldwide by the end of 2028, accounting for 55% of all subscriptions. In that same timeframe, 5G population coverage is projected to reach 85%, while 5G networks are expected to carry about 70% of mobile traffic and account for all contemporary traffic growth. Regionally, strong 5G growth is expected to continue in North America and North East Asia, with 5G subscription penetration in the regions expected to reach around 35% by the end of 2022.

The study also noted that the number of 4G subscriptions worldwide continues to grow, increasing by around 41 million between July and September 2022. Global 4G subscriptions are expected to peak at around 5.2 billion by the end of 2022. The net result is that overall mobile subscriptions are expected to reach 8.4 billion by the end of 2022 and 9.2 billion by the end of 2028. The majority of subscriptions are linked to smartphones, and by the end of 2022, 6.6 billion smartphone subscriptions are predicted, of which about 79% will be mobile phone subscriptions.

5G drill down, study finds FWA as a true wireless candidate technology alternative to wireline broadband connectivity For home and business. Driven in part by accelerated FWA planning in India and expected growth in other emerging markets, the report predicts FWA to grow at a rate of 19% between 2022 and 2028 and top 300 million connections by the end of 2028.

more than three-Quarterty of CSPs currently surveyed in over 100 countries FWA offers services. About one-third are offering CSPs FWA over 5G, one-fifth that of a year ago. About 40% of new 5G FWA launches in the past 12 months have been in emerging markets.

“Communications service providers continue to deploy 5G and the speed of fixed wireless access is accelerating,” said Ericsson’s executive vice-president and head of networks, Frederik Zejdling. “Furthermore, global mobile network data traffic is practically doubling every two years. As described in this edition Ericsson Mobility ReportService providers are taking steps to deploy the latest generation of energy-efficient radio hardware and software, Increasing the use of renewable energy sourcesand manage site infrastructure wisely to reduce environmental impact.”

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