Over 1 Billion 5G Subscriptions are Estimated by 2023: Takeaways from Ericsson Mobility Report November 2017

LTE has become a dominant technology in 2017, and the number of LTE connections is increasing. And several countries have already started deploying the 5G infrastructure, and the 5G era might begin by the end of 2018. Ericsson has released its Mobility Report November 2017 edition, in which the credible source has highlighted how the telecommunications sector is going to turn out in the next few years and it also revealed the current numbers.

  • Make Telecom Talk My Trusted Source
  • Source of Google
  • Source of Google

Jio-India-data

Here are the 5 key takeaways from the Ericsson Mobility Report November 2017.

There are 5 Billion Mobile Broadband Subscriptions

Ericsson said that the number of mobile subscriptions is growing at almost 6% year-on-year, reaching 7.8 billion in Q3. China had the most net additions during the quarter (+30 million), followed by Indonesia (+7 million), the US (+4 million), Angola (+4 million) and Pakistan (+3 million).

moble-subscriptions-q3-2107

The number of mobile broadband subscriptions1 is growing at around 20 percent year-on-year, increasing by 210 million in Q3 2017 alone. The total number of mobile subscriptions is now 5 billion.

During Q3 2017, 170 million LTE subscriptions were added to reach a total of 2.5 billion. The net additions for WCDMA/HSPA were around 60 million subscriptions during the quarter. The majority of 3G/4G subscriptions can use GSM/EDGE as a fallback.

LTE Becomes the Dominant Mobile Technology in 2017

LTE is anticipated to become the dominant mobile access technology by the end of 2017 and is estimated to reach 5.5 billion subscriptions by the end of 2023.

At that point, LTE subscriptions will account for more than 60% of all mobile subscriptions. In developing markets, GSM/EDGE-only will still account for a significant share of subscriptions. It is also said that smartphone penetration will continue to rise, driven by the increasing affordability of devices. At the end of 2023, 7.3 billion subscriptions associated with smartphones are expected.