Ericsson

Ericsson predicts 3.5 billion IoT connections via cellular networks by 2023, driven mainly by the growth of 5G networks.
More than half of mobile operators - a total of 53% - expect to have adopted AI within their 5G networks by the end of 2020.
The growing demand for high speed, low latency communications, along with the sheer numbers of devices that are forecast to be connected - over 29 billion by 2022 according to Ericsson - has forced a total re-think of mobile communications technologies and techniques.
5G industry digitalisation will provide a number of opportunities and boost annual revenue of mobile operators by USD582 billion from the year 2026.
By the end of 2024, Ericsson is projecting 5G to cover more than 40 percent of the world's population and over 1.5 billion 5G subscriptions.
5G coverage is forecast to reach 45 percent of the world's population by end of 2024.
Mobile video traffic is forecast to grow by around 50 percent annually through 2023 to account for 75 percent of all mobile data traffic.
By the end of 2024, there will be over 250 million 5G subscriptions in North America, representing 55 percent of all mobile subscriptions.
4G LTE networks will be the dominant mobile access technology in the world.
5 G-enabled industries, such as energy / utilities and public transport will enable operators to increase revenues by 34 percent by 2026.
Two thirds of organisations are planning to deploy 5G by 2020; and in five years' time Ericsson predicts that there will be 1.5 billion IoT devices connected to 5G.
The total number of connected devices worldwide will grow from around 20 billion at the end of 2017 to over 75 billion by 2025.
By 2022, video is expected to make up 82 per cent of IP traffic, and Ericsson recently forecasted a 35 per cent annual growth in video traffic through 2024.
Findings from Ericsson show there could be 3.5 billion Internet of Things units by 2023 - equalling five times the number of connected devices used now.
Ericsson has forecasted the number of cellular IoT connections to reach 3.5 billion in 2023, increasing at a CAGR of 30%.
The number of cellular IoT connections will reach 4.1 billion in 2024-increasing at an annual growth rate of 27%.
Ericsson expects there to be 3.5 billion cellular IOT connections in 2023, growing at a CAGR of 30 percent.
Global telecommunications firm Ericsson predicts that major 5G network deployments should be expected from 2020, with an estimate of 1.5 billion 5G subscriptions for enhanced mobile broadband by the end of 2024.
Technology company Ericsson predicts that this year, IoT-enabled equipment and products will outnumber mobile devices.
Ericsson estimates that 5G will account for nearly 50% of mobile subscriptions in North America by 2023, compared to just 20% globally.
~90% of mobile data traffic will be from smartphones by the end of 2021.
Ericsson predicts a 5G market surpassing $1.2 trillion within 10 years, and more than 150 million 5G connected devices in less than 12 months after network launch.

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Last updated: 13 October 2019