There will be 1 billion 5G subscriptions will be there in 2023, Ericsson forecasts.
This will be for an enhanced mobile broadband. This prediction is among the key statistics presented in the November edition of the Ericsson Mobility Report released by the firm.
As per the expectations, 5G will cover over 20 percent of the world’s population by the end of 2023, deployed first in dense urban areas. The first commercial networks based on 5G New Radio (NR) are expected to go live in 2019, with major deployments from 2020. Early 5G deployments are foreseen in several markets, including the US, South Korea, Japan and China.
As per the experts, global mobile data traffic will surpass 100 Exabytes per month in 2023. Mobile data traffic is expected to surge by eight times during the forecast period, reaching 110 Exabytes per month by 2023. This corresponds to 5.5 million years of HD video streaming.
All regions maintain mobile data traffic growth, with North America showing the highest average usage per smartphone, exceeding 7GB per month by the end of 2017.
As seen, video consumption continues to fuel mobile broadband traffic growth. The driving force behind video’s uptrend are the young millennials – those in the 15 to 24 age bracket – who stream 2.5X more than those over 45 years of age.
As per the observations, sStreaming video in higher resolutions and an emerging trend of increased streaming of immersive video formats, such as 360-degree video, will have an impact on data traffic consumption volumes. For example, a YouTube 360-degree video uses 4 to 5 times as much bandwidth as a normal YouTube video of the same perceived quality.
By the end of this year, LTE can the dominant mobile access technology. It is estimated to reach 5.5 billion subscriptions and cover more than 85 percent of the world’s population by the end of 2023.