The latest Ericsson Mobility Report predicts that by the end of 2021, 5G mobile subscriptions will exceed 580 million by the end of 2021, and by 2026, the new technology will hit 3.5 billion subscriptions and penetrate every region, with North America outpacing the rest, claiming 84% of all global 5G subscriptions.
Driven by an estimated one million new mobile subscriptions every day, 5G subscription uptake is expected to be faster than that of 4G. If fact, 5G subscriptions are estimated to reach 1 billion two years earlier than 4G, which was launched in 2009. However, 4G, according to the report, will remain the dominant technology by subscription for some time, only declining around 2026.