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Ericsson

[New] Ericsson predicts that total mobile traffic is expected to increase by a factor of five over the next six years, reaching 131 exabytes per month by the end of 2024.
Ericsson predicts that after the release of new 5G chipsets this year, the number of deployed 5G devices will grow to over a billion by 2023.
By the end of 2025, Ericsson expects 5G to have 2.6 billion subscriptions, covering up to 65% of the world's population and generating 45% of the world's total mobile data traffic.
Ericsson expects the global number of 5G subscriptions to top 2.6 billion within the next six years, driven by sustained momentum and a rapidly developing 5G ecosystem.
Rapid early momentum and enthusiasm for 5G has led Ericsson to forecast an extra 400 million enhanced mobile broadband subscriptions globally by the end of 2024.
With three billion new smartphone users expected in emerging markets by 2020 (Ericsson), McKinsey estimates that emerging economies could boost their GDP by $3.7 tn by 2025 by fully embracing digital finance.
By the end of next year, Ericsson said there will likely also be three mid-band 5G PCs and one mmWave 5G PC; three mid-band and three mmWave fixed-wireless outdoor devices; four mid-band CPE / indoor routers and five mmWave CPE / indoor routers; and one mid-band and one mmWave industry 5G devices.
Next-generation mobile networks will be able to accommodate a lot more people and a lot more data as carriers like Verizon, T-Mobile and AT&T and manufacturers like Nokia and Ericsson improve the total capacity of the network.
Ericsson is still a major supplier of infrastructure equipment and the demand for 5G services (and the networks needed to provide them) will be initially powered by high end devices like the iPhone.
Ericsson surveys reveal that 95% of service providers in the U.S. and Canada expect to conduct 5G technology trials by 2018.
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.

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Last updated: 23 February 2020