The Ericsson Mobility Report, which highlights the latest projections for network growth and traffic, spanning 5G and IoT, was released yesterday. The report increased projections for 5G adoption, largely due to anticipated growth of mobile traffic and rapid development of the 5G ecosystem.
A key standout from the document: video traffic is forecasted to grow by around 30 percent annually via mobile networks through 2025 and will account for 75 percent of mobile traffic globally by that year.
Rabid consumption via streaming services, such as Disney+, Netflix and Hulu, are a key reason for this projected growth. And 5G will provide the performance needed to power the rise of immersive video formats on higher resolution smartphones, ensuring video remains king in the years ahead, according to Ericsson.
Additional key findings from the report include:
- 13 million 5G subscriptions are projected globally by year’s end, as more 5G devices and networks go live.
- By 2025, 5G will reach 65 percent global population coverage – up from the previously forecasted 45 percent coverage by 2024
- 5G subscription adoption is projected to be fastest in North America – with 74 percent of anticipated mobile subscriptions in the region being for 5G in 2025
- 5G networks are projected to carry 45 percent of global mobile traffic in 2025 – a jump up from the 35 percent forecasted for 2024
- Ericsson forecasts 2.6 billion 5G subscriptions by 2025 – up from 1.9 billion forecasted for 2024
- NB-IoT and Cat-M technologies are estimated to account for 52 percent of cellular IoT connections in 2025
- 5G subscriptions to top 2.6 billion by end of 2025
Fredrik Jejdling, Executive Vice President and Head of Networks, Ericsson, says: “It is encouraging to see that 5G now has broad support from almost all device makers. In 2020, 5G-compatible devices will enter the volume market, which will scale up 5G adoption. The question is no longer if, but how quickly we can convert use cases into relevant applications for consumers and enterprises. With 4G remaining a strong connectivity enabler in many parts of the world, modernizing networks is also key to this technological change we’re going through.”
November 26, 2019
The post Ericsson’s November Mobility Report Projects 30 Percent Video Growth Annually appeared first on Inside Towers.