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Ericsson forecasts $31 trillion 5G consumer market by 2030

November 18, 2020

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The 5G consumer market could be worth $31 trillion by 2030 globally, according to a new report from Ericsson.

The report estimates that communications service providers (CSPs) could earn $3.7 trillion of that total – a figure that could increase further as new adjacent digital services opportunities arise.

The report also estimates that operators could generate up to $131 billion by 2030 from digital service revenues alone, by proactively bundling and marketing 5G use cases.

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