Number of 5G connections to touch 2 billion in 2023

Global 5G wireless connections rose 76 percent in 2022 to 1.05 billion, according to data from Omdia and 5G Americas.

Number of 5G wireless connections is forecast to touch 2 billion in 2023 and 5.9 billion by the end of 2027.

Telecom operators have added 455 million 5G connections in 2022. Overall, those figures represent 14 percent sequential quarterly growth from 922 million in Q3 2022 to 1.05 billion in Q4 2022.

In China, the number of 5G phone users has surpassed 575 million. China will have built over 2.9 million 5G base stations by the end of 2023, Minister of Industry and Information Technology Jin Zhuanglong said in March, Xinhua news report said.

North America has 119 million 5G and 507 million LTE connections by the end of Q4 2022.

5G penetration of the population in the North American market is approaching 32 percent, as the region added 52 million 5G connections for the year – a gain of 78 percent over Q4 2021. Overall, a total of 215 million 5G connections are projected to come from North America in 2023.

According to Ericsson, total global mobile data traffic reached 118 exabytes (EB) per month by the end of 2022 and is projected to nearly quadruple to reach 325 EB per month in 2028.

“In North America, carriers offer 5G smartphone models at varying price points, along with smartphone promotions – including some free smartphone deals. This is helping to drive 5G adoption as there is wide 5G coverage in North America. The only other thing required is a 5G-eligible plan,” Kristin Paulin, Principal Analyst at Omdia said.

In Latin America and the Caribbean, there were 537 million 4G LTE connections in Q4 2022, representing 9.3 percent growth with the addition of 46 million LTE subscriptions. Latin America and the Caribbean had 12 million 5G connections in 2022 and will have 400 million by 2027.

The number of 5G commercial networks is expected to reach 390 by the end of 2023 and 403 by the end of 2025 from 259 in 2022, according to data from TeleGeography and 5G Americas.

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