Ericsson has once again raised its year-end estimate for global 5G subscriptions to 220 million, while predicting that more than 1 billion people will have access to next-generation coverage over the same period. The company foresees that four out of ten mobile subscribers will be using 5G services by 2026.
In their November 2020 Mobility Report, Ericsson predicted real 5G traction, as well as the progress in the deployment of new features in network and device areas, regardless of the concerns caused by the Covid-19 pandemic.
Ericsson believes that 15% of the world’s population, or more than 1 billion people, will live in an area with 5G coverage by the end of 2020. They expect that number to grow to 60% or 3.5 billion consumers by 2026. Ericsson has also added another 30 million to the end-of-year estimate of the number of 5G subscribers, having previously announced the forecast of 190 million in June.
Fredrik Jejdling, Executive Vice President and Head of Networks, Ericsson, commented: “This year has seen society take a big leap towards digitalization. The pandemic has highlighted the impact connectivity has on our lives and has acted as a catalyst for rapid change, which is also clearly visible in this latest edition of the Ericsson Mobility Report. 5G is entering the next phase, when new devices and applications make the most out of the benefits it provides, while service providers continue to build out 5G. Mobile networks are a critical infrastructure for many aspects of everyday life and 5G will be key to future economic prosperity.”
Earlier this year, GSMA, an industry organization representing the interests of global mobile network operators, announced that Ericsson has passed an independent security audit of product development and lifecycle management processes, and intends to submit a network kit for evaluation in the second test round.