Ericsson has published its 33rd Mobility Report which highlights that global 5G subscriptions remain on track to top one billion by the end of this year, despite economic challenges.
The November edition of this report also forecasts global fixed wireless access (FWA) connections to grow faster than previously predicted.
FWA is predicted to grow at 19 per cent year-on-year through 2022-28 and reach 300 million connections by the end of 2028.
Growth is due to accelerated FWA plans in India and other emerging markets.
Around 110 million 5G global subscriptions were added between July-September 2022, totalling approximately 870 million.
5G subscriptions in North America and North East Asia penetration in the regions are expected to reach about 35 percent by the end of this year.
By the end of 2028, 5G subscriptions are forecasted to account for 55pc of all subscriptions and 5G population coverage is projected to reach 85pc.
4G subscriptions across the globe are expected to rise, growing by 41 million between July and September 2022 and are projected to reach 5.2 billion by the end of the year.
