According to 5G Americas, there were a total of 151 million 5G connections and 496 million LTE connections in North America as of the end of the second quarter of this year.
Globally, the number of 5G subscribers is expected to reach 8 billion by 2028, up from 1.4 billion 5G connections today, 5G Americas reported, citing Omdia data.
According to the report, the total number of 5G connections is expected to reach nearly 2 billion by the end of this year.
A total of 331 million new global 5G connections were added in the first half of this year, according to the latest data from Omdia.
Chris Pearson, president of 5G Americas, said: “The phenomenal growth of 5G connectivity worldwide highlights the insatiable demand for advanced connectivity. In this era of innovation, the industry is focused on integrating 5G connectivity into new devices and services. With 1.4 billion connections now and growing, we are witnessing the transformative power of 5G technology.”
The report noted that as of the end of the second quarter of this year, North America had a total of 151 million 5G connections and 496 million LTE connections. The 5G penetration rate in North America will reach 40%, with a growth rate of 25.5% in the first half of 2023. According to the report, 5G connections in North America are expected to reach 669 million by 2028.
Kristin Poulin, Principal Analyst at Omdia, said: “5G standalone is being deployed by carriers in North America, bringing advances such as network slicing, ultra-high reliability, low-latency communications, and large-scale machine-type communications that will drive the growth of this technology generation.” Even further away. “
In Latin America and the Caribbean, 4G LTE networks continued to show strong growth in Q2 2023, with the region having 565 million 4G LTE connections at the end of June, a quarterly growth rate of 1.6% is reflected.
The number of connections in the 5G segment in the region is expected to reach 501 million by the end of 2028, up from 62 million at the end of 2023.
Jose Otero, Vice President, Caribbean and Latin America, 5G Americas, said: “4G LTE and 5G are at different stages of technology deployment and market cycles in Latin America. Both are critical to the region’s current and future connectivity needs. The new mobile generation is gaining momentum in countries that have allocated spectrum for the construction of 5G networks: 5G deployment is accelerating in Brazil, Chile, and Puerto Rico, and in countries such as the Dominican Republic, Guatemala, Peru, and Uruguay. But the population coverage of this technology is expanding.”
Overall, the number of 5G commercial networks around the world has reached 287, according to data from 5G Americas. That number is expected to reach 425 by the end of 2025.
