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4 December - Ericsson's latest Mobile Market Report shows that 5G continues to grow faster than any previous generation of mobile communications. The number of 5G mobile sign-ups is expected to reach 5 billion by the end of 2028.

Ericsson forecasts that global fixed wireless access (FWA) connections will grow faster than previously expected. FWA is expected to grow at an annual rate of 19% over the period 2022-2028, reaching 300 million connections by the end of 2028.

The data shows that between July and September 2022, approximately 110 million new 5G sign-ups were added globally, bringing the total number of sign-ups to approximately 870 million. Ericsson previously reported that 5G sign-ups are still expected to reach 1 billion by the end of this year, with 5G expected to reach 1 billion sign-ups two years earlier than 4G.

Ericsson said the statistics prove that 5G remains the fastest expanding generation of mobile technology, mainly due to the timely launch of 5G models by a number of manufacturers, which are also falling in price faster than 4G phones, and the early and large-scale deployment of 5G in China.

In addition, 5G continues to grow strongly in North America and North East Asia. 5G sign-up penetration in these regions is expected to reach approximately 35% by the end of 2022. Nearly 230 operators worldwide have gone live with 5G services to date, and more than 700 5G smartphone models have been released or commercialised.

By the end of 2028, the report expects global 5G sign-ups to reach 5 billion, representing 55% of total sign-ups. Similarly, by the end of 2028, 5G population coverage will reach 85% and 5G networks will carry around 70% of mobile traffic, making them a major contributor to all contemporaneous traffic growth.