There were an estimated 2.17 billion 5G mobile subscriptions worldwide in 2024, up from just 1.58 billion the previous year. This figure is expected to exceed 5.56 billion by the end of the decade, with 5G set to surpass 4G as the world's leading mobile network technology.
5G: a key driver for IoT
5G connectivity is expected to drive growth in the Internet of Things (IoT) market over the coming years, with the mobile technology connecting machines and devices with higher data speeds, ultra-low latency and increased availability, among other benefits. By 2023, connected cars are expected to form the largest installed base of 5G IoT endpoints worldwide with more than 19 million installed endpoints. Outdoor surveillance cameras and fleet telematics devices are also key factors of the 5G IoT endpoint installed base.
Forecast number of 5G mobile subscriptions worldwide from 2019 to 2029, by region
(in millions)
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Ericsson. (June 1, 2024). Forecast number of 5G mobile subscriptions worldwide from 2019 to 2029, by region (in millions) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/521598/5g-mobile-subscriptions-worldwide/
Ericsson. "Forecast number of 5G mobile subscriptions worldwide from 2019 to 2029, by region (in millions)." Chart. June 1, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/521598/5g-mobile-subscriptions-worldwide/
Ericsson. (2024). Forecast number of 5G mobile subscriptions worldwide from 2019 to 2029, by region (in millions). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/521598/5g-mobile-subscriptions-worldwide/
Ericsson. "Forecast Number of 5g Mobile Subscriptions Worldwide from 2019 to 2029, by Region (in Millions)." Statista, Statista Inc., 1 Jun 2024, https://www.statista.com/statistics/521598/5g-mobile-subscriptions-worldwide/
Ericsson, Forecast number of 5G mobile subscriptions worldwide from 2019 to 2029, by region (in millions) Statista, https://www.statista.com/statistics/521598/5g-mobile-subscriptions-worldwide/ (last visited December 22, 2024)
Forecast number of 5G mobile subscriptions worldwide from 2019 to 2029, by region (in millions) [Graph], Ericsson, June 1, 2024. [Online]. Available: https://www.statista.com/statistics/521598/5g-mobile-subscriptions-worldwide/
