Global adoption of 5G technology: exponential growth and future projections

Looking ahead, Omtia’s projections suggest a promising outlook for the telecom industry this decade. It is expected that Global 5G connections will grow to 7.9 billion by 2028North America is predicted to have 700 million 5G connections.

„Based on these projections, 5G is expected to account for more than half of all connections worldwide by 2028,” said Christine Palin, principal analyst at Omtia. „In North America, as an early leader, 5G will account for more than 80% of connections,” says Palin.

5G data traffic accounts for 76% of all technology data traffic

And, it’s expected 5G data traffic accounts for 76% of all technology data trafficReaching 2.6 billion TB (or 2600 EB) in 2028, the total data traffic of all technologies will reach 3.4 billion TB (or 3400 EB), reflecting the exponential growth trajectory of 5G connectivity.

All over the world, The number of deployed 5G networks shows strength comparable to 4G deployments LTE, and for North America it is almost equal to the number of 4G LTE networks. Currently there 314 commercial 5G networks worldwideAnd this figure is expected It will increase to 450 by 2025Reflects significant investments in 5G infrastructure globally.

America prioritizes adoption

North America in particular stands out as a pioneer in the adoption of 5G technology 29% of all links in the region by the end of 2023. In particular, this area is a 64% annual growth in 5G connectionsAdded 77 million new connections. By the end of the year, 5G connections in North America reached 197 million.

Latin America is making strides in 4G LTE and 5G connections, already surpassing 39 million

On the other hand, Latin America has also shown significant progress in 4G and 5G LTE connections, reaching 582 million LTE connections by the end of 2023, representing an increase of 40 million new connections over the previous year. Also, the area was closed last year 39 million 5G connectionsPaving the way for further expansion in the coming years.

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„4G LTE continues to dominate the region,” says Jose Otero, vice president for Latin America and the Caribbean at 5G America. 5G will lead to increased coverage and subscriber growth next year,” says Otero.

IoT lines have surpassed 3 billion worldwide

For its part, the Internet of Things (IoT) ecosystem is a key component of the digital revolution. Currently, global IoT subscriptions have reached 3.1 billion, which is fulfilling 6.6 billion smartphone subscriptions.

Thus, IoT subscriptions are expected to reach 4.5 billion Smartphone subscriptions will grow to 7.4 billion by 2026Highlighting the growing nature of our digital world’s connectivity and interconnectedness.

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