Ericsson of Sweden expects the number of 5G subscriptions to reach 2.6 billion by 2025 by 1325 in 2019, with network coverage providing access to 65 percent of the world’s population.
With its current speed, 5G is expected to be significantly faster than faster LTE, the telecom network equipment manufacturer said in its biennial mobility report.
It states that in 2025 all mobile subscriptions will have a 29 percent share in 5G subscriptions.
Ericsson, competing with China’s Huawei and Finnish rival Nokia, said North America hopes to lead a 5G lead in its region with 74 percent of projected mobile subscriptions in six years, followed by North East Asia and Europe Is the location of
Fredrik Jejling, head of Ericsson Networks, said, “It is heartening to see that 5G now has widespread support from almost all device manufacturers. In 2020, 5G-compatible devices will enter the volume market, adopting 5G.” Statement.
The company’s previous forecast in June predicted 1.9 billion 5G subscriptions in 2024 and network coverage reached more than 45 percent of the world’s population.
Ericsson said that China’s 5G launch in October brought the update of the projected 5G subscription for 2019 from 10 million to 13 million.
The mobile network industry has faced tough times with reducing demand for 4G and older network devices. 5G spending in North America has helped the growth return.
LTE (4G) will continue to be the dominant mobile access technology by subscription during 2019-2025, Ericsson said, with 5.4 billion subscriptions expected in 2022 and 4.8 billion expected by the end of 2025.
The new generation of mobile phone technology will bring faster data speeds and better accommodate properly connected devices.