5G is the future! Here’s why GCC subscription rates are growing rapidly.

The November 2022 issue of the Ericsson Mobility Report predicts that the number of 5G subscriptions in the Gulf Cooperation Council (GCC) region is expected to grow steadily, at an average rate of 30 percent per year, from 15 million to 71 million by the end of the year 2028. 86 percent of all leagues at the time.


Nicolas Blixell, Vice President of Ericsson Middle East and Africa and Head of Gulf Council Countries, says: “5G is expected to be the fastest-growing segment as telecommunications providers explore different services. Demand and growth for fixed wireless access will also exceed our Significantly, we observed that communication service providers in the region are increasingly creating B2B opportunities as well. Despite current and evolving economic challenges in many parts of the world.


Global 5G subscriptions are still on track to reach one billion by the end of this year and five billion by the end of 2028. By the end of 2028, there will be 5 billion 5G subscriptions worldwide, accounting for 55 percent of all orders. Meanwhile, 5G network coverage is expected to rise to 85 percent, and 5G networks are expected to carry about 70 percent of mobile traffic and account for all traffic growth today.


Between July and September 2022, approximately 110 million 5G connections were added globally, bringing the total to approximately 870 million.As predicted in previous reports, 5G will continue to reach one billion subscriptions by the end of this year—two years faster than
since its launch. Statistics confirm that 5G is the fastest-growing generation of mobile phone connections.


The total number of mobile phone subscriptions will reach 8.4 billion by the end of 2022 and 9.2 billion by the end of 2028. Most orders are related to smartphones. There will be around 6.6 billion smartphone subscriptions by the end of 2022, accounting for around 79 percent of all mobile subscriptions.

The report also predicts that global fixed wireless access (FWA) will grow faster than previously expected. FWA—the wireless alternative to wireless broadband in homes and businesses—is one of the most important early use cases for 5G, especially in underserved or underserved broadband areas. FWA is forecast to grow at a CAGR of 19 percent from 2022 to 2028, with 300 million connections projected by the end of 2028.


The latest report also emphasizes the importance of reducing environmental impacts. The telecommunications sector plays a key role in achieving global sustainability goals, both through its own emissions reductions and through its potential to reduce carbon dioxide emissions in other industries.


To reduce environmental impact, increasing data traffic must be managed through intelligent network modernization with a balanced approach to network efficiency.

 

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