- 5G subscriptions now expected to reach 1.9 billion by 2024 as operators ramp up deployments and users switch to 5G devices
- 5G coverage is forecast to reach 45 percent of the world’s population by end of 2024
- In 2024, 5G networks are projected to carry 35 percent of the global mobile traffic
Rapid early momentum and enthusiasm for 5G has led Ericsson (NASDAQ: ERIC) to forecast an extra 400 million enhanced mobile broadband subscriptions globally by the end of 2024. The June 2019 edition of the Ericsson Mobility Report forecasts 1.9 billion 5G subscriptions – up from 1.5 billion forecasted in the November 2018 edition – an increase of almost 27 percent.