India will have 130 million 5G users by the end of this year, just over a year after consumer 5G services were launched in the country. According to the Ericsson Mobility Report 2023 published on Thursday, India’s 5G user base has grown more than three times over last year, with the number of subscribers expected to rise to 860 million by 2029.
Last year, Ericsson estimated India’s 5G subscriber base at 31 million users, more than quadrupling by 2023 itself. Going forward, 5G subscribers will increase by 6.6 times in the next six years, while by the end of this year he will be 870 million 4G subscribers will be 390 million by the end of 2029. It will decrease to 10,000 people. As a result, by 2029, according to Ericsson’s forecast, 68% of all mobile phone subscribers in the country will be using his 5G network.
Nitin Bansal, head of Ericsson India, said the growth in the number of 5G subscribers and the increase in the number of smartphone users compared to overall mobile phone users will drive “social and economic inclusion in India”.
In contrast, global 5G subscribers are expected to grow 63% annually to 1.6 billion accounts. By the end of 2029, 5G subscribers are expected to increase to 5.3 billion, and India is therefore expected to account for just over 16% of 5G users worldwide. Currently, India’s 5G subscriber base is around 8% of the total 5G users worldwide.
The growth of 5G services in India has been primarily driven by Bharti Airtel and Reliance Jio. On October 27, Reliance Jio Infocomm chairman Akash Ambani claimed that the telco is contributing “85% of the total 5G capacity in the country”. Sunil Bharti Mittal, chairman of Airtel’s parent company Bharti Enterprises, added that the telco is already an operator. The plan covers “5,000 districts and his 20,000 villages” across India and aims to cover the entire country by March next year.
Vodafone Idea, the third of the country’s three private carriers, also announced at the time that it had begun “major investments to roll out its 5G network and further expand its 4G coverage area across the country. “I will,” he announced.
The expansion of 5G networks in India is happening in parallel with the expansion of 5G networks globally. “The growing number of 5G standalone networks being deployed presents an opportunity to support new and more demanding applications for both consumers and businesses,” said Fredrik Jedling, Executive Vice President and Head of Networks at Ericsson. It is being brought about.”
Industry experts expect 5G devices to see consistent growth in the country. Market research firm International Data Corporation (IDC) announced on November 7 in its quarterly smartphone market report in India that 5G smartphones accounted for 58% of total shipments to the country in the September quarter.However, most of the growth in 5G smartphone shipments is due to approx. INROver 50,000.
Navkendar Singh, Vice President, IDC India, said: mint Last month, it announced that sluggish smartphone sales were a cause for concern for the overall market. “Even if a brand is successful in bringing in sub-brands, INREven with 10,000 5G smartphones, the boost to the smartphone market will not be exponential. But 5G itself as a subcategory will continue to grow due to the inherent demand,” he said.
Ericsson’s year-end report further added that the share of smartphones in all mobile phones in the country will increase from 82% this year to 93% by 2029. By this time, it is predicted that there will be a total of 1.27 billion mobile phones in India. With this, by 2029, he will have 1.18 billion smartphones installed in the country.
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