|Article by Matthias Pätzold|
|The June 2019 edition of “Ericsson Mobility Report” presents a glimpse of the impressive progress in the mobile telecommunication market, now on the verge of deploying 5G.
The report forecasts 1.9 billion 5G subscriptions by the end of 2024. That’s up from 1.5 billion forecast in the November 2018 edition, an increase of almost 27%. Other forecasts have also increased notably due to the rapid 5G uptake.
It is expected that 5G coverage will reach 45% of the world’s population by the end of 2024. This could surge to 65%, as spectrum-sharing technology enables 5G deployment on LTE frequency bands.
Communication service providers in several markets have switched on 5G following the launch of 5G-compatible smartphones. Service providers in some markets are also setting more ambitious targets for population coverage of up to 90% within the first year.