Ericsson’s newly released Mobility Report takes a look ahead to the height of the 5G era and forecasts that by the end of 2029, 85% of the world’s population will have access to 5G, global 5G subscriptions will surpass 5.3 billion and the average data consumption per smartphone will reach 56 GB per month (up from 21 GB at the end of 2023).
5G is anticipated to become the dominant mobile technology in the year 2028, five years from now. 4G LTE subscriptions are currently at their peak, the report said; they increased 6 million during the third quarter of 2023 and total 5.2 billion.