RELEASE: The 5G push continues with 1.6 billion connections worldwide

(Information sent by the signatory company).

RELEASE: The 5G push continues with 1.6 billion connections worldwide

(Information sent by the signatory company)

-5G momentum continues with 1.6 billion connections worldwide, rising to 5.5 billion by 2030, according to GSMA Intelligence

Industry opportunities driven by developments in 5G Standalone, 5G-Advanced, IoT and enterprise AI, GSMA Open Gateway and realizing new revenue through the BCE standard.

BARCELONA, Spain, February 28, 2024/PRNewswire/ -- New figures from GSMA Intelligence (GSMAi) show that 5G connections are expected to account for more than half (51%) of mobile connections by 2029, rising to 56% by the end of the decade, making 5G the dominant connectivity technology. 5G has been the fastest mobile generation deployment to date, surpassing one billion connections by the end of 2022, rising to 1.6 billion connections by the end of 2023 and 5.5 billion in 2030.

As of January 2024, 261 operators in 101 countries had launched commercial 5G services and more than 90 operators in 64 markets had committed to deploying them. Of the 261 commercial 5G services available, 47 are provided by standalone (SA) 5G networks, with another 89 deployments planned in the near term that will take advantage of network slicing, ultra-reliable low-latency communications support, and 5G SA network architecture. simplified.

The growth of available 5G SA networks and improved support for private and dedicated networks will support a large number of connected devices and help realize the global IoT vision for the enterprise. GSMAi data shows that the enterprise segment now has 10.7 billion IoT connections (vs. 10.5 billion consumer connections) and this momentum is expected to continue, with enterprise connections more than doubling to 38.5 billion by 2030 and smart buildings and manufacturing will account for 34 and 16% of total business connections respectively.

Beyond 5G SA, the availability of 5G-Advanced with 3GPP Release 18 will be another key 5G milestone in IoT delivery, providing the catalyst for further investments in 5G throughout 2024 and into 2025. GSMAi data shows More than half of operators expect to begin deploying 5G-Advanced within a year of commercial availability of 5G-Advanced solutions, driven by priority use cases such as 5G multicast services and low-cost IoT support. cost.

GSMAi predicts that mobile data traffic will quadruple by 2030, with 5G coverage and capacity expansions playing a prominent role, demonstrating the importance of continued infrastructure investments. Global monthly mobile data traffic per connection is forecast to grow from 12.8 GB in 2023 to 47.9 GB in 2030.

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