According to analyst firm CCS Insight, global 5G connections will reach 1.2 billion in 2022, despite the “turbulent” last few years. Analysts cite widespread availability of 5G-capable smartphones, refined operator strategies and the initiation of delayed network launches as the main drivers behind this growth.
“Despite 5G’s foundational years being clouded by the Covid-19 pandemic and the problems it created, the market is in a stronger position as we enter the second half of 2022”, comments James Manning Smith, senior analyst at CCS Insight. “The world still faces a bleak macroeconomic and geopolitical outlook in 2022, coupled with supply chain difficulties. But the transition of mobile subscribers to 5G networks is set to make good progress, with 5G connections forecast to nearly double this year to 1.2 billion.”
