5G is picking up acceleration. The total installed 5G global cell sites are expected to expand from 986,000 cell sites in 2021 to 6.6 million cell sites in 2027 at a Compound Annual Growth Rate (CAGR) of 44.9%. It is not just infrastructure. 5G mobile subscriptions are forecast to grow from 664 million subscribers in 2021 to 4.39 billion in 2027. Similarly, the traffic generated from 5G in 2027 is estimated to increase to 6,268 exabytes and will account for 83% of all cellular traffic. Aside from upgrading traditional network services, 5G is enabling a range of connectivity scenarios that can cater to not only the prosumer market, but also to enterprise verticals, such as manufacturing, healthcare and financial services.
