Increased mobile broadband usage

5G to Top One Billion Subscriptions in 2022: Ericsson Reports

Ericsson, a Swedish telecommunications company, released a report predicting that there will be one billion 5G subscriptions in 2022. The forecast is contained in the latest edition of the Ericsson (NASDAQ: ERIC) Mobility Report. The 2027 timeline also includes projections that 5G will account for: 82 percent of subscriptions in Western Europe; 80 percent in the Gulf Cooperation Council region; and 74 percent in North-East Asia. In India, where 5G deployments have yet to begin, 5G is expected to account for nearly 40 percent of all subscriptions by 2027. In global terms, 5G is forecast to account for almost half of all subscriptions by 2027, topping 4.4 billion subscriptions. The latest Ericsson Mobility Report – the twenty-second edition of Ericsson’s network traffic insights and forecast...