Research from mobile industry trade group 5G Americas reveals that the wireless communications industry will see a year of unprecedented growth and innovation in 2023. This was driven by the “unstoppable momentum of 5G technology”, resulting in the addition of 700 million 5G connections to the market. That year, the total reached 1.76 billion.
5G Americas, using data from research agency Omdia, found that there are 314 commercial 5G networks around the world. This number is expected to increase to 450 by 2025, reflecting significant investments in 5G infrastructure around the world.
North America has emerged as a pioneer in 5G adoption, with connections in the region accounting for 29% of all connections in North America by the end of 2023. Notably, the region experienced 64% year-over-year growth in his 5G Americas, which he describes as “staggering.” 5G connections increased (year-on-year), adding his 77 million new connections to the network.
By the end of 2023, 5G connections in North America will total 197 million connections. Research shows that the number of 5G networks deployed around the world shows strength compared to traditional 4G LTE deployments, with North America nearly matching the number of 4G LTE networks deployed. We are doing so.
Latin America has seen significant progress in both 4G LTE and 5G connections, with LTE connections reaching 582 million by the end of 2023, adding 40 million new connections year-over-year. Additionally, the region is said to have embraced the 5G revolution, with 39 million 5G connections established by the end of the year, poised for further expansion.
The study predicts that as 5G network deployments accelerate, 5G data traffic is expected to reach 2.6 billion terabytes (or 2,600 exabytes), accounting for 76% of all technology data traffic; It is expected to reach terabytes. 3.4 billion TB (or 3,400 EB) by 2028. This is said to reflect the exponential growth trajectory of 5G connectivity.
Looking at the key use cases based on 5G technology, 5G Americas said the Internet of Things (IoT) ecosystem continues to be a key element of the digital revolution. The study predicts that his global IoT subscriptions will reach 3.1 billion, complemented by his 6.6 billion smartphone subscriptions. According to predictions, the number of IoT subscriptions will reach 4.5 billion, and the number of smartphone subscriptions will surge to 7.4 billion by 2026.
Chris Pearson, president of 5G Americas, commented on the study: “The wireless communications industry is on the cusp of a new era driven by innovation, collaboration, and a shared vision for a connected future.” Milestone is advancing an unparalleled connected experience around the world.”
“4G LTE remains the most powerful technology across the region, but mass-market availability of 5G devices and spectrum auctions are slowing,” said José Otero, vice president of 5G Latin America and the Caribbean for the Americas. 4G LTE technology will further increase due to various factors such as completion.” 5G coverage and subscriber growth next year. ”
Assessing future developments, Omdia predicts that global 5G connections will “surge” to 7.9 billion by 2028, with North America expected to boast 700 million 5G connections by the same year. .
“According to this forecast, 5G will reach a global milestone of accounting for more than half of all connections by 2028. North America is an early leader, with 5G expected to account for more than 80% of connections. ,” said Christine Poulin, Principal Analyst at Omdia. .
