CHART: 5G to Dominate Global Mobile Landscape by 2029

  • 5G is projected to dominate globally with 5.6 billion subscriptions by 2029.
  • Older 2G and 3G networks decline as operators prioritize 4G and 5G.
  • North America is projected to lead with 90% 5G penetration by 2029.

The way we connect is on the verge of a dramatic shift, driven by the surging popularity of 5G technology. A recent Ericsson Mobility Report predicts a mind-boggling transformation that by 2029, 5G subscriptions are expected to become the dominant mobile access technology globally. 

That's not a typo – we're looking at a staggering 5.6 billion subscriptions worldwide by 2029, translating to 60% of all mobile subscriptions.

The report also highlights the decline of older technologies like 2G and 3G networks as operators prioritize spectrum for 4G and 5G deployments. Additionally, Fixed Wireless Access (FWA) is emerging as a significant application of 5G technology, particularly in regions with limited fibre access.

This rapid shift promises to redefine how we live, work, and connect. Imagine downloading entire movies in seconds, experiencing seamless video conferencing without a single stutter, or unlocking a world of innovative applications that rely on ultra-fast, ultra-reliable mobile data.