Ericsson Mobility Report Predicts Historic Growth for 5G by 2024
Every wireless industry analyst and their mother expects that the 5G rollout is going to be massive for the global consumer and business population. We’ve been covering the latest communication and networking technology for the better part of the past two years now, and if one thing’s become clear in that time it’s that 5G will impact products and services related to the Internet of Things in ways that we can’t even begin to fathom right now.
But what about the rollout and availability of 5G? What we’ve seen thus far is communications firms bringing fixed, residential service online in various “test cities” over the past year. There’s been talk about smartphone makers and those same carriers working on developing hardware that can put 5G in our pockets. But aside from Verizon’s recent test of the first mobile 5G signal, we haven’t heard a whole heck of a lot else—aside from the occasional speculative report
That’s what makes the latest Ericsson Mobility Report so fascinating to comb through. Ericsson, which has solidified itself as one of the leading providers of 5G infrastructure hardware, said it expects 5G to reach more than 40 percent of the global population and account for 1.5 billion subscriptions by the end of 2024. If true, Ericsson’s estimates would make the 5G rollout the fastest of any cellular technology ever.