Worldwide 5G connections to reach 619 million by the end of 2021

2021-04-01 03:30

According to data provided by Omdia, the world added 385.5 million 5G subscribers between Q4 2019 and Q4 2020 to reach 401 million 5G connections globally, shrugging off the challenges of a global pandemic and economic headwinds.

The number of 5G connections is expected to reach 619 million globally by the end of 2021.

Chris Pearson, President, 5G Americas said, "5G is in its early stages of fulfilling its full potential, as the industry has just finished the second inning of a nine-inning baseball game. In the second full year of commercially available 5G, the industry went from 15.4 million to 401 million subscribers. The uptake of 5G connections will accelerate significantly over the next few years."

Regionally, the number of connections is forecast to reach 451 million in North America and 167 million in the Caribbean and Latin America by the end of 2025.

Broken down regionally, North America had 19.96 million 5G connections and 499 million LTE connections by the end of Q4 2020.

According to Jose Otero, VP of Caribbean and Latin America for 5G Americas "Two elements can contribute to the proliferation of new commercial 5G networks in Latin America and the Caribbean. First, the increased availability of 5G-ready devices, especially for fixed wireless services. Second, governments' efforts to accelerate the launch of 5G networks that include spectrum assignment processes, 5G incubator projects, spectrum auction announcements and incentives for 5G trials."

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