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More than 1 billion people are expected to use 5G by the end of the year

More than 1 billion people will be connected to 5G by the end of 2022, according to Ericsson’s latest mobility report. CNET reports: Between July and September this year, 5G added 110 million subscribers worldwide, bringing the total number to 870 million, according to the report released Wednesday. That’s nearly double the number of 5G subscribers there will be by the end of 2021, which the Swedish telecom equipment maker has estimated at 580 million. If 5G users reach 1 billion this year, Ericsson said, that means 5G networks will reach the nine-digit subscriber mark two years faster than 4G, emphasizing that 5G is by far the “fastest generation of mobile communications.”

4G subscriptions are also still growing, with 41 million subscribers added between July and September. It is expected to peak at 5.2 billion by the end of the year, and mobile subscriptions in general are expected to exceed 8.4 billion. By 2028, 5G is expected to reach 5 billion subscriptions globally and make up 55% of all network subscriptions, according to the report. Total mobile subscriptions in 2028 are expected to exceed 9.2 billion.