Security News > 2023 > April > 5G connections set to rise past 5.9 billion by 2027

5G connections set to rise past 5.9 billion by 2027
2023-04-10 04:00

Global 5G wireless connections increased by 76% from the end of 2021 to the end of 2022, reaching up to 1.05 billion, and it will touch a mark of 5.9 billion by the end of 2027, according to Omdia and 5G Americas.

Global 5G connections are forecast to accelerate in 2023, approaching 2 billion and reaching 5.9 billion by the end of 2027.

North America is a leader in the uptake of wireless 5G connections with a total of 119 million 5G and 507 million LTE connections by the end of Q4 2022.

Overall, a total of 215 million 5G connections are projected to come from North America in 2023, bolstered by strong 5G smartphone shipments in the US. According to Ericsson, total global mobile data traffic reached 118 exabytes per month by the end of 2022 and is projected to nearly quadruple to reach 325 EB per month in 2028.

"In North America, carriers offer 5G smartphone models at varying price points, along with smartphone promotions - including some free smartphone deals. This is helping to drive 5G adoption as there is wide 5G coverage in North America, making it likely to be in a 5G service area. The only other thing required is a 5G-eligible plan," said Kristin Paulin, Principal Analyst at Omdia.

According to Jose Otero, VP of Caribbean and Latin America for 5G Americas, "Connectivity and specifically mobile broadband communications is a key part of how people live, study and transact business. 5G and LTE continue to make significant progress throughout the region. Longer term, 5G has an opportunity to foster productivity and industrial development in the region."


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Related vendor

VENDOR LAST 12M #/PRODUCTS LOW MEDIUM HIGH CRITICAL TOTAL VULNS
Billion 4 1 0 2 7 10