The latest Ericsson Mobility Report projects 5G will achieve global scale more quickly than previous generations of cellular, reaching 1.5 billion subscribers by 2024 and covering 40% of the world’s population in the same timeframe. 5G New Radio technology has two different versions: non-standalone, which is the basis of commercial launches expected by year-end and throughout 2019, and standalone, which comes with an entirely new core architecture.. 5G is the fifth generation of mobile communication and is the successor of 4G LTE.