5G could reach 2 billion global connections by the end of 2023, says study

2023-06-30 22:07:00

O 5G should reach almost 2 billion global connections until the end of this year. At least, that’s what the data from the Omdia it’s yes 5G Americas, which show the level of penetration in the North American market, while new networks with the standard are being built more quickly worldwide. Chris Pearson is President of 5G Americas and commented:

With the entry into operation of 5G networks in North America, the technology is experiencing a strong adoption cycle in the US and Canada. At the same time, other 5G markets are emerging with the potential to create billions of new 5G connections. Key players in this ecosystem will play an important role in developing new technical capabilities capable of delivering on the global promise of 5G

According to information from Omdia, 157 million new 5G connections emerged worldwide between 4Q22 and 1Q23, which shows a breakthrough in technology. Thus, the projection shows that the mark of 2 billion connections should be reached by the end of 2023, as well as 6.8 billion subscribers by the end of 2027.

According to TeleGeography and 5G Americas, 267 commercial networks equipped with the connectivity standard are already in operation. Thus, it is possible that this number will increase to 386 by the end of 2023, reaching 413 by the end of 2025. Until the last June 15th, these were the numbers of 5G and 4G networks in operation:

5G North America: 14 Global: 267 Latin America and the Caribbean: 28 4G LTE North America: 17 Global: 703 Latin America and the Caribbean: 129

Kristin Paulin, Lead Analyst at Omdia, also spoke regarding this scenario:

Early 5G networks laid a solid foundation and today, operators are focusing on standalone 5G networks with the aim of helping 5G move forward and deliver more innovation. 5G is expected to be the biggest mobile technology in North America by 2025. And in the five years between late 2023 and late 2027, Omdia is forecasting 184% growth for 5G in North America and 669 million subscriptions

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