#Report – There are already almost two billion 5G connections in the world

#Report – There are already almost two billion 5G connections in the world
#Report – There are already almost two billion 5G connections in the world

The wireless telecommunications industry experienced another quarter of strong expansion and technological advancement, driven by the relentless progress of 5G technology. During the first quarter of 2024, the adoption of 5G connections worldwide continued its steady rise, reaching almost 2 billion, having added 185 million new connections, according to data from 5G Americas and Omdia. (Source 5G Americas).

Chris Pearson, President of 5G Americas, said: “The wireless sector continues to demonstrate its strength and importance through rapid adoption and robust, sustained growth around the world. North America remains at the forefront of 5G deployment.”

North America is leading the charge for 5G adoption, with 5G connections in the region comprising 32% of total wireless cellular connections. Notably, the region saw healthy growth during the first quarter, with 22 million new connections to operator networks. In Q1 2024, North America’s 5G connections totaled 220 million.

Last quarter, Latin America also saw solid growth in 4G LTE and 5G connections, adding eight million new LTE connections out of a total of 591 million in the region. In addition, the region continues to embrace the 5G revolution with nine million new 5G connections, for a total of 48 million 5G connections. 4G LTE subscriptions remain strong across the region as 5G spectrum and handset availability continues to grow. “5G continues to accelerate as the growing number of operators offering the technology continues to expand population coverage of their networks in urban and suburban areas. In parallel, 4G continues its expansive presence in rural and remote areas, helping governments meet their national connectivity goals,” said José Otero, Vice President for Latin America and the Caribbean at 5G Americas.

Looking ahead, Omdia’s forecasts illustrate the telecoms landscape we could see throughout this decade. Global 5G connections are projected to reach 7.7 billion by 2028, with North America projected to boast an impressive 700 million 5G connections that same year.

Omdia Principal Analyst Kristin Paulin notes: “The North American region is rapidly on track to be essentially LTE and 5G only. Most operators have already turned off their legacy networks. In addition, vast 5G coverage and devices across a range of price points are contributing to the 5G adoption momentum. The Internet of Things (IoT) is also expected to play a larger role as a driver of 5G adoption later in the forecast.”

The Internet of Things (IoT) ecosystem will continue to be an essential component of the digital revolution. Today, IoT subscriptions around the world number 3.3 billion, complemented by 6.7 billion smartphone subscriptions. Forecasts suggest that IoT subscriptions will reach 5 billion, while smartphone subscriptions will increase to 8 billion by 2028, all of which highlights the evolving nature of connectivity and interconnectivity in our digital world.

Globally, the number of 5G networks deployed has outpaced the pace of 4G LTE network deployment in the equivalent technology cycle time. There are nearly as many 5G deployments in North America as there are 4G LTE networks. There are 316 commercial 5G networks in the world today, a number that is expected to grow alongside significant investments in 5G infrastructure around the world. The number of 5G and 4G LTE network deployments as of June 17, 2024 is summarized below:

Global: 316
North America: 17
Latin America and the Caribbean: 40

Global: 712
North America: 18
Latin America and the Caribbean: 134

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