By the end of 2020, more than 1 billion people will have access to 5G
According to reports from Jung News, 220 million 5G subscriptions globally are forecasted by the end of 2020, with China accounting for 175 million or about 80%.
As per reports, Fixed Wireless Access (FWA) is now offered by about two-thirds of the world’s facilitators. FWA connections are projected to more than triple, reaching more than 180 million by the end of 2026, and account for a quarter of all mobile network data traffic.
Mobile data traffic is currently estimated to account for more than 50%.
Ericsson (Nasdaq: ERIC) predicts that by 2026, four out of ten subscriptions will be 5G. This forecast is included in the latest issue of the Ericsson Mobility Report. This current 5G subscription and population coverage confirm that mobile connectivity is the fastest deployment in any era.
The report estimates that by the end of 2020, there will be more than 1 billion people. 15% of the world’s population will live in an area that has 5G coverage.
In 2026, 60% of the world’s population will have access to 5G coverage, which is projected to reach 3.5 billion with 5G subscriptions.
Ericsson has raised its estimate for the end of 2020 for 5G subscriptions to 220 million, as facilitators continue to build their networks. The increase is due to faster use in China, which accounts for 11% of the mobile subscription base.
This national strategy is driven by stiff competition among service providers as well as increasingly cheap 5G smartphones from several companies.
5G mobile subscriptions in North America are expected to reach about 4% by the end of this year. Business is booming now, and by 2026, Ericsson predicts that 80% of North America’s mobile subscriptions will be 5G, the highest level in any region of the world.
Europe will end the year with 1% 5G subscriptions in the region. Over the course of a year, several countries have delayed the auction of the radio spectrum, a key requirement in support of 5G deployment.
The report put forth by Jung News also explains why the success of 5G will not be limited to coverage or subscription numbers alone. Its importance will also be determined by new usage issues and applications, the effects of which are beginning to emerge.
Ericsson Pakistan Country Manager Waqas Naeem says:
“Communication is of paramount importance in this extraordinary time, enabling consumers to engage in work and leisure activities. Providers will be instrumental in the development of networks. And in the formation of a new way of life, wherever we are separated, we will remain connected through communication. “
Very important IoT, key applications that require data delivery over a period of time, will be introduced in 5G networks. This will enable a wide range of time-sensitive services for consumers, businesses and government agencies in various sectors through 5G public and dedicated networks.
Cloud gaming is another emerging application category. The combined capabilities provided by 5G Networks and Edge Compute Technologies will enable gaming streaming services on smartphones to compete with the standard experience that is on par with PC or console counterparts. This will open up new avenues for games that are based on mobility.
5G functionality is enhanced in both network and device domains
The rate of introduction of 5G new radio (NR) functionality is increasing, with more than 150 commercial 5G device models being launched. Many devices support 5G Frequency Division Duplex (FDD) and Dynamic Spectrum Sharing (DSS). The first 5G Standstone (SA) networks have been launched in Asia and North America, as well as the first devices capable of collecting NR carriers.
FWA offered by more service providers
With the rapid digitization of COVID-19 pandemic as well as the increasing importance and need for high-speed and reliable home broadband connectivity, the number of service providers offering fixed wireless access (FWA) is increasing. About two-thirds of service providers now offer FWAs. FWA contacts predict that by the end of 2026, it will become more than triple to more than 180 million, about a quarter of the total mobile network’s data traffic.
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