Global connections of the Fifth-Generation (5G) network are expected to hit 660 million, which is two thirds of a billion worldwide by December 31. This is according to Ericsson, in its Mobility Report released, Monday.
Ericsson, Swedish kit vendor, explained that the long-term forecast is that 5G will account for almost half (49 per cent) of all mobile subscriptions by 2027. This, according to the firm, means that 5G will overtake 4G at some time before that.
Executive Vice President and Head of Networks at Ericsson, Fredrik Jejdling, explained that mobile communication has had an incredible impact on society and business over the last 10 years.
“When we look ahead to 2027, mobile networks will be more integral than ever to how we interact, live and work. Our latest Ericsson Mobility Report shows that the pace of change is accelerating, with technology playing a crucial role,” he explained.
Jejdling said the increase in 5G subscriptions is due to stronger than expected demand in China and North America, driven in part by decreasing prices of 5G devices. He said there was also a net addition of 98 million 5G subscriptions globally in Q3 2021, compared to 48 million new 4G subscriptions, adding that at the end of 2021.
