By the end of the year, 1.5 billion 5G subscribers are predicted.
The Ericsson Mobility Report's June 2023 issue is now available. The latest research shows that global communications service providers are still investing in 5G despite geopolitical difficulties and financial stagnation in some areas. India began utilizing 5G mobile technology in October 2022, and the Digital India project has made this usage fairly widespread. In India, it was reported that there were close to 10 million 5G mobile subscribers. By the end of 2028, this figure is predicted to represent about 57% of all mobile subscriptions in the nation, according to the Ericsson Mobility Report. This demonstrates that the world's fastest-growing 5G territory is India.
The latest Ericsson Mobility Report indicates that North America is experiencing a faster-than-expected surge in 5G subscriptions. With 41% of the global total, this area will have the highest 5G subscriber rate by the end of 2022. Every part of the world is seeing a surge in 5G subscriptions, and by the end of 2023, this figure is predicted to reach 1.5 billion. At the same time, data traffic on mobile networks around the world is expanding. The average monthly consumption for each smartphone globally is predicted to surpass 20GB by the end of 2023. Approximately 240 communications service providers (CSPs) have begun commercially distributing 5G technology.
Of these, 35 or so have introduced stand-alone 5G (SA). Fixed Wireless Access (FWA) and advanced mobile broadband (eMBB) are two of the most popular 5G services that communication service providers offer to their clients. games and some services based on virtual or augmented reality that are educational. The report also demonstrates how mobile service package innovation is still being driven by 5G. Over time, it has become more and more popular to find bulk bundles that include communication services together with a variety of leisure services, including television, music, and cloud gaming platforms. Currently, this technology is provided in various versions by around 58 percent of 5G service providers.