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Ericsson Report:85% of the world population to have 5G by 2029 and Africa leading the way

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 According to the Ericsson report, Mobile subscriptions in Sub-Saharan Africa are forecast to top 1.1 billion by the end of 2029 and 85 per cent of the world population will have 5G coverage access by the end of 2029. 5G will be the fastest-growing subscription type between 2023 and 2029 at 60 per cent annually

The growth of mobile subscriptions in Sub-Saharan Africa can be attributed to a positive economic outlook and forward-thinking regulatory measures for building out network coverage, as well as connectivity becoming a necessity for voice and data communications, and enabling services such as banking.

The report estimates that 4G subscriptions will account for 49% of the total by 2029, while 2G subscriptions will maintain a significant share of total subscriptions at 27%, mainly due to the region’s largely rural population.

Fixed Wireless Access is emerging as a pivotal technology in meeting Africa’s increasing broadband demands, with several key African markets, including South Africa, Angola, Nigeria, Kenya, Zambia, and Zimbabwe, having already launched 5G FWA services. The report noted that this shift can be attributed to its cost-effectiveness, rapid deployment capabilities, and inherent flexibility.

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https://trendsnafrica.com/ethio-to-rollout-5g-after-trial-huawei-strategic-partner/

 Ericsson’s report also estimates that in the six years between the end of 2023 and 2029, global 5G subscriptions are forecast to increase by more than 330% – from 1.6 billion to 5.3 billion. 5G coverage is forecast to be available to more than 45% of the global population by the end of 2023 and 85% by the end of 2029.