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More than half of North America's mobile subscriptions will be 5G in 2024: Ericsson

June 12, 2019 / Campbell Kwan

North America will lead the adoption of 5G, with 63% of its mobile subscriptions expected to be 5G-based in 2024, according to Ericsson's latest mobility report. This is followed by North East Asia at 47% and Western Europe at 40%. The Ericsson Mobility Report June 2019, which provides projections for the telco industry, also predicts there will be 1.9 billion 5G mobile subscriptions by the end of 2024, with 5G networks to carry 35% of mobile data traffic globally. The report also expects that by 2024, 45% of the world's population will have 5G coverage -- inclusive of both home broadband and mobile subscriptions. This number could surge to 65% as spectrum sharing technology allows for 5G deployments on LTE frequency bands, Ericsson said. In Q1 2019, there are currently around 7.9 billion mobile subscriptions, up 2% year-on-year from the corresponding period.