- 5G enabling growing numbers of FWA service providers to offer
speed-based tariff plans
- 5G subscriptions forecast close to 5.6 billion by the end of
2029
- Mobile data traffic expected to grow by 20 percent annually
through the end of 2029
STOCKHOLM, June 26, 2024 /PRNewswire/ -- Fixed Wireless
Access (FWA) continues to grow in strength as a 5G use case for
communications service providers (CSPs) globally with a sharp
increase over the past year in the number of CSPs offering the
service. The details, alongside Ericsson's latest mobile industry
forecasts, regional breakdowns and customer case studies, feature
in the June 2024 Ericsson (NASDAQ:
ERIC) Mobility Report.
Of the CSPs sampled for the Ericsson study (310 globally), 241
offered FWA services as of April
2024. Of these, 128 - about 53 percent - included a 5G FWA
offering. This is a twelve-point increase on the corresponding
period in 2023 - a growth of 29 percent.
The speed, data handling and low latency capabilities of 5G FWA
also increase the attractiveness of speed-based FWA tariff plans to
CSPs - with downlink and uplink data parameters - similar to cable
or fiber offerings.
This has helped to drive an almost 50 percent growth in the
number of service providers offering 5G FWA speed-based tariffs in
the past year - with 40 percent of all FWA CSPs now doing so. FWA
is currently second only to enhanced Mobile Broadband (eMBB) as a
5G use case.
Fredrik Jejdling, Executive Vice President and Head of Networks,
Ericsson, says: "The June 2024
Ericsson Mobility Report shows continued strong uptake of 5G
subscriptions. Enhanced Mobile Broadband and Fixed Wireless Access
are the leading use cases, with signs that 5G capabilities are
influencing service providers' Fixed Wireless Access offerings. The
report also highlights the need for increased deployment of 5G
Standalone technology to fully realize the potential of 5G."
About 300 CSPs globally now offer 5G services, of which about 50
have launched 5G Standalone (5G SA).
On subscriptions, 5G continues to grow in all regions. About 160
million 5G subscriptions were added globally in the first three
months of 2024 - bringing the total to more than 1.7 billion.
Almost 600 million new subscriptions are expected in 2024 as a
whole.
Researchers estimate that 5G subscriptions will be close to 5.6
billion by the end of 2029 - with global 5G population coverage
beyond mainland China set to
double from 40 percent at the end of 2023 to 80 percent by the end
of 2029.
5G is expected to account for about 60 percent of all mobile
subscriptions by the end of 2029.
Regionally, North America is
forecast to have the highest penetration by the end of 2029, with
90 percent (or 430 million) of subscriptions expected to be 5G.
In India, 5G subscriptions are
expected to grow from 119 million at the end of 2023 (about ten
percent of all mobile subscriptions in the country) to about 840
million (65 percent of all subscriptions) by the end of 2029.
On user experience, statistics from a leading service provider
reveal 97 percent of all user activities on 5G mid-band achieved a
time-to-content of less than 1.5 seconds, compared to 67 percent on
5G low-band and 38 percent on 4G (all bands).
5G mid-band population coverage outside of mainland China has reached 35 percent. North America and India have made rapid deployments, topping 85
and 90 percent mid-band coverage respectively.
Year-on-year mobile network data traffic has been adjusted
downwards by Ericsson Mobility Report researchers compared to the
November 2023 report. This is due to
changes in the underlying data, such as lower numbers reported by
regulators and service providers in populous markets for the second
half of 2023.
Mobile network data traffic grew 25 percent year-on-year between
the end of March 2023 and the end of
March 2024, driven primarily by
subscriber migration to later generations and data-intense
services, such as video.
Mobile data traffic is forecast to grow with a compound annual
growth rate of about 20 percent through the end of 2029. About a
quarter of all mobile network data was handled by 5G by the end of
2023. This is forecast to grow to about 75 percent by the end of
2029.
The 40-page June 2024 Ericsson
Mobility report includes four case study articles:
- How the NorthStar 5G network inspires innovation (with Telia
and AstaZero, Sweden. About
autonomous vehicle connectivity.)
- Taking 5G connectivity underground (with Rogers, Canada. About 5G subway connectivity in
Toronto.)
- Enhancing customer experiences with 5G (with Bharti Airtel,
India. About Airtel's 5G strategic
priorities and actions.)
- Building a high-performing programmable network (With AT&T,
USA. About AT&T's programmable
network ambitions)
Ericsson will host an Ericsson Mobility Report webinar at 9.00
(CEST) and at 18.00 (CEST) on Wednesday,
June 26. To join please register via this link.
Read the full June 2024 Ericsson
Mobility Report via this link.
Based on unique Ericsson and partner network insights, the
Ericsson Mobility Report has been the key industry reference for
network data, performance, statistics, and forecasts since its
launch in 2011.
NOTES TO EDITORS:
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Ericsson Newsroom
media.relations@ericsson.com (+46 10 719 69 92)
investor.relations@ericsson.com (+46 10 719 00 00)
ABOUT ERICSSON:
Ericsson's high-performing networks provide connectivity for
billions of people every day. For nearly 150 years, we've been
pioneers in creating technology for communication. We offer mobile
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digital world of tomorrow a reality. www.ericsson.com
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