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A new report by Ericsson found that 5G mobile subscriptions will surpass 1 billion in 2022. Furthermore, more than 20 service providers launched 5G standalone networks last year, with twice the number expected to follow suit in 2022.
The Ericsson Mobility Report follows the evolution of the telecom industry. The report includes the latest trends in the mobile industry, including figures on 5G, IoT, fixed wireless access, along with forecasts on where and how 5G is scaling.
5G adoption also grew faster than 4G following its launch in 2009, hitting the 1 billion subscription mark two years quicker than 4G. It’s forecasted that by the end of 2027, global 5G subscriptions will hit 4.4 billion, accounting for 48% of overall mobile subscriptions.