Telecom

Global 5G subscriptions will reach 4.4 bln in 2027 (Ericsson)

Global 5G subscriptions will reach 4.4 bln in 2027 (Ericsson)
Thursday, 23 June 2022 18:25

The coronavirus pandemic and the resulting accelerated digital transformation increased demand for high-speed connectivity worldwide. New consumption patterns have also emerged. 

Fifth-generation (5G) mobile subscriptions will cross the 1 billion mark by the end of 2022, Ericsson indicates in its recently-published mobility report. According to the Swedish tech company,  that number is expected to grow to 4.4 billion by 2027, or about three-quarters of the world's population.

5G is scaling faster than any previous mobile generation…” with some 70 million new subscribers recorded in the first quarter of 2022 alone, we learn. The increase in the number of subscriptions is spurred by the increase in smartphone and mobile broadband penetration, as well as digitalization, the report explains. 

For Ericsson, by 2027 5G will account for 90 percent of subscriptions in North America, 82 percent in Western Europe, 80 percent in the Gulf Cooperation Council, 74 percent in Northeast Asia, and about 40 percent in India. 

In sub-Saharan Africa, 5G is still in its infancy. For the time being, most of the subscribers subscribe to 4G services, which grew by 26% in 2021 (partly due to users’ migration to 4G-enabled devices). Over the next five years, the “total mobile broadband subscriptions are predicted to increase, reaching 78 percent of mobile subscriptions,” Ericsson writes. 

In a previous report, the tech company estimated that mobile ultra-broadband subscriptions would exceed 70 million in sub-Saharan Africa by 2027.   

“In several regions, deployment of 5G standalone networks is also picking up pace, as communications service providers prepare for innovation to address the business opportunities beyond enhanced mobile broadband. A solid digital network infrastructure underpins enterprises’ digital transformation plans, and their new capabilities can be turned into new customer services,” said Fredrik Jejdling, Ericsson Executive Vice President and Head of Business Area Networks.

Isaac K. Kassouwi

On the same topic
UNCDF, Co-op Bank Kenya sign guarantee to boost digital lending Risk-sharing aims expand financing access for startups, platforms Deal supports...
Côte d’Ivoire plans 15 agri-tech hubs to support women in agribusiness The centers will focus on processing, training, and digital tools The project’s...
Kenya becomes the first African country to establish a formal digital dialogue framework with the European Union. The partnership targets...
Angola’s parliament unanimously approved a startup law to address legal gaps and support innovation. Authorities set a $3.5 million annual...
Most Read
01

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
02

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
03

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
04

Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...

Namibia and Russia Expand Economic Cooperation Across Key Sectors
05

Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...

Cameroon Signs $1.5 Billion Waste-to-Energy MoUs Amid Urban Sanitation Strain
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.