Global 5G Adoption to Hit 1 Billion by 2022

Global 5G Adoption to Hit 1 Billion by 2022

According to estimates from Ericsson’s latest Mobility Report, the number of 5G smartphone subscriptions worldwide will blow past 500 million this year, more than doubling from 2020. In 2022, 5G subscriptions are expected to pass one billion, reaching that milestone two years earliert than 4G did after its introduction.

Ericsson’s report also notes that total global mobile data traffic – excluding traffic generated by fixed wireless access (FWA) – reached 49 exabytes (EB) per month at the end of 2020 and is projected to grow by a factor of close to 5 to reach 237 EB per month in 2026. Some figures behind that expected surge include:

  • The monthly global average usage per smartphone now exceeds 10GB, and is forecast to reach 35GB by the end of 2026.
  • Video traffic currently accounts for 66% of all mobile data traffic, a share that is forecast to increase to 77% in 2026.

These and other figures confirm the virtuous circle of data consumption and creation that will continue to tax mobile networks, thereby driving the continued need to buildout, densify and expand mobile network coverage even as 5G networks account for a greater percentage of overall network capacity. In short, a strong reminder behind the Tematica BITA Digital Infrastructure & Connectivity Index


About the Author

Chris Versace, Chief Investment Officer
I'm the Chief Investment Officer of Tematica Research and editor of Tematica Investing newsletter. All of that capitalizes on my near 20 years in the investment industry, nearly all of it breaking down industries and recommending stocks. In that time, I've been ranked an All Star Analyst by Zacks Investment Research and my efforts in analyzing industries, companies and equities have been recognized by both Institutional Investor and Thomson Reuters’ StarMine Monitor. In my travels, I've covered cyclicals, tech and more, which gives me a different vantage point, one that uses not only an ecosystem or food chain perspective, but one that also examines demographics, economics, psychographics and more when formulating my investment views. The question I most often get is "Are you related to…."

Comments are closed.