5G connections to hit 1.5B by end-2024 – Ericsson

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By Emeka Aginam, with agency report

Ericsson, in its latest  Mobility Report, just released expected 40 per cent of the world’s population to have access to 5G services by end-2024, with 1.5 billion connections expected to use the new network technology by that date.

Ericsson

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According to the report, comprising projections from end-2018 to end-2024, the vendor forecast there would be a steady rise on a previous prediction that there would be 1 billion connections by end-2023.

The new figure is equivalent to approximately 17 per cent of the world’s mobile connections expected at the time.

Ericsson, in the report, said North America would be the region with the highest proportion of 5G mobile connections by end-2024, with a 55 per cent penetration rate, followed by North East Asia (43 per cent) and Western Europe (29 per…



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