Global growth of 5G networks amid macroeconomic challenges

StockholmAnd the November 30, 2022 /PRNewswire/ —

  • 5G continues to expand faster than any previous mobile generation
  • 5G mobile subscriptions are expected to reach five billion by the end of 2028
  • Projections for fixed wireless access have increased and are now estimated to have more than 300 million connections within six years

Global 5G subscriptions are still on track to reach more than one billion by the end of this year, and five billion by the end of 2028, despite the current and evolving economic challenges in many parts of the world. The November 2022 The Ericsson (NASDAQ:ERIC) Mobility Report also predicts that global fixed wireless access (FWA) connections will grow faster than previously expected.

FWA – Wireless Alternative to Home and Business Wireless Broadband – is one of the major early 5G use cases, particularly in areas with underserved or underserved broadband markets.

Partly driven by the FWA’s accelerated plans in Indiaand the expected growth in other emerging markets, FWA is expected to grow by 19 percent year-on-year through 2022-28, and reach 300 million connections by the end of 2028.

More than three-quarters of the Communications Service Providers (CSPs) surveyed in more than 100 countries currently offer FWA services. Nearly a third of telecom service providers offer FWA technology over 5G, up from a fifth a year ago. Nearly 40 percent of new 5G FWA launches in the past 12 months were in emerging markets

On 5G itself, about 110 million subscriptions were added globally between July-September 2022bringing the total to about 870 million. As predicted in previous reports, 5G is still expected to reach 1 billion subscriptions by the end of this year – two years faster than 4G after its launch.

Statistics reinforce the 5G network as the fastest generation of mobile networks. Key drivers include the timely availability of devices from multiple vendors, with prices falling faster than 4G and China Early large deployments of 5G networks.

North Amarica Northeast Asia continues to see strong 5G growth, with 5G subscription penetration in the regions expected to reach around 35 percent by the end of 2022.

Globally, nearly 230 telecom service providers have launched 5G services to date, with more than 700 5G smartphone models announced or commercially launched.

By the end of 2028, the number of 5G subscriptions is expected to reach 5 billion globally, accounting for 55 percent of all subscriptions. In the same time frame, 5G population coverage is expected to reach 85 percent while 5G networks are expected to carry about 70 percent of mobile traffic and account for all contemporary traffic growth.

Fredrik Jegdling, Executive Vice President and Head of Networks, Ericsson, says: “Communication service providers continue to deploy 5G and the momentum for fixed wireless access is accelerating. Moreover, global mobile network data traffic practically doubles every two years. As highlighted in this edition of the Mobility Report From Ericsson, service providers are taking action to deploy the latest generation of energy-efficient radio hardware and software, increase the use of renewable energy sources, and operate site infrastructure intelligently to reduce environmental impact.”

Global 4G subscription numbers also continued to rise, growing by nearly 41 million between July and September September 2022. Global 4G subscriptions are expected to peak at around 5.2 billion by the end of this year.

Total mobile phone subscriptions are expected to reach 8.4 billion by the end of 2022, and 9.2 billion by the end of 2028. Most of the subscriptions are associated with smartphones. At the end of 2022, there were an estimated 6.6 billion smartphone subscriptions, which is about 79 percent of all mobile subscriptions.

The latest report also highlights the importance of reducing environmental impact. The telecommunications sector plays a major role in achieving global sustainability goals, both by reducing its emissions and through its ability to reduce carbon emissions across other industries.

To reduce environmental impact, increased data traffic must be managed through smart grid modernization along with a balanced approach to network performance.

The November 2022 The Ericsson Mobility Report includes three in-depth articles:

  • Network Refresh – While searching for Net Zero
  • Cooperation and Collaboration: Building the Next Generation Network for Public Safety in Finland
  • Digitization enables organizations to reach Net Zero

Ericsson will host a webinar focusing on the Ericsson Mobility Report at 09.00 (CET) and 19.00 (CET) on Wednesday 30 November. To join please register here

Read full November 2022 Mobility report from Ericsson.

Related links:
Mobility report site from Ericsson
Ericsson 5G
Fixed wireless access Ericsson 4G and 5G
break the energy curve
5G The Next Wave – What Consumers Want

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About Ericsson:
Ericsson enables telecom service providers and enterprises to get the full value of connectivity. The company’s portfolio spans the following business areas: networking, software and cloud services, enterprise wireless solutions, global communications platform, and new technologies and businesses. It is designed to help our customers digitize, increase efficiency and find new revenue streams. Ericsson’s investment in innovation has brought the benefits of mobility and mobile broadband to billions of people around the world. Ericsson shares are listed on NASDAQ Stockholm and NASDAQ New York.

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