5G to reach 40% of global population by 2024: report
Fifth-generation (5G) mobile service is expected to reach more than 40-per-cent global population coverage and 1.5 billion subscriptions for enhanced mobile broadband by the end of 2024.
This will make 5G the fastest generation of cellular technology to be rolled out on a global scale, according to the latest edition of the “Ericsson Mobility Report”.
Key drivers for 5G deployment include increased network capacity, lower cost per gigabyte and new use case requirements.
North America and North East Asia are expected to lead the 5G uptake.
In North America, 5G subscriptions are forecast to account for 55 per cent of mobile subscriptions by the end of 2024.
In North East Asia, the corresponding forecast figure is more than 43 per cent.
In Western Europe, 5G is forecast to account for some 30 percent of mobile subscriptions in the region by end of 2024.
