By the end of 2025, 5G subscriptions will account for nearly 30% of the global market (at 3.03 billion subscriptions) as subscriptions to GSM and W-CDMA fall, says the Global mobile Suppliers Association (GSA) and Omdia.
While LTE will still be dominant at 53.5% of all global mobile subscriptions, the LTE market is forecast to start to decline slowly from 2023 as customers migrate to 5G.
LTE subscriptions now account for 60.4% of all global mobile subscriptions, with nearly 800 million LTE subscriptions added in the preceding 12 months – a 16.7% YoY growth. LTE is expected to reach its peak point in terms of technology market share at the end of 2021 (at 63.3%), and to reach its peak point in terms of subscriber numbers at the end of 2022 (at 6.07 billion subscribers). The subscriber data and forecasts were collated by Omdia.
“Against a backdrop of a challenging year for businesses, economies and societies globally, we’ve continued to see more spectrum allocated to 5G, more networks deployed, and more devices become commercially available - a momentum is mirrored in the growth in 5G subscriptions,” said Joe Barrett, President, GSA. “We have already seen 5G deployed at a quicker pace than we saw in the early days of 4G, and these subscriber forecasts further reinforce our view that 5G will be the fastest deployed mobile technology ever.”
The LTE and 5G Market Growth and Forecasts summary data, including a regional breakdown of LTE subscribers and forecast share of mobile subscriptions by technology is available for free download for registered users from gsacom.com/paper/lte-5g-subscribers-2020-global-growth
- ZTE and Omdia white paper covers 5G security and assurance
- Ofcom joins GSA to access 5G market, technolgy data
- 5G devices available double in 2020
Other articles on eeNews Europe