5G Expected to Grow at Record Rate, Ericsson Says as It Boosts 2026 Forecast
Ericsson predicted 5G subscriptions will hit 1.9 billion, up about a quarter from a previous forecast and with 35 percent of traffic carried on 5G networks, all by the end of 2024. That's the fastest growth for any new generation…
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of wireless. “5G is on a roll,” the company said Tuesday: During Q2 “several markets switched on 5G following the introduction of new 5G-compatible smartphones. Some communications service providers have set ambitious targets of reaching up to 90 percent population coverage within the first year.” The number of mobile subscriptions worldwide grew 2 percent year-on-year to 7.9 billion in Q1, the report said.