Ericsson Mobility Report forecasts that 5G subscriptions in the GCC region are projected to grow steadily at an average annual rate of 30 percent.
Nicolas Blixell, Vice President and Head of Gulf Council Countries at Ericsson Middle East and Africa.
The November 2022 edition of the Ericsson Mobility Report forecasts that 5G subscriptions in the Gulf Cooperation Council (GCC) region are projected to grow steadily at an average annual rate of 30 percent, from 15 to 71 million up to the end of 2028, accounting for 86 percent of total connections at that time.
Currently, 4G accounts 72 percent of mobile subscriptions in the GCC with 5G at 20 percent of the total mobile subscriptions. With the expected growth of 5G subscriptions, 4G subscriptions are expected to decline from 55 million in 2022 to eight million in 2028. The monthly data traffic per smartphone in the GCC will almost double from 25 GB per month in 2022 to around 53 GB per month in 2028.
Nicolas Blixell, Vice President and Head of Gulf Council Countries at Ericsson Middle East and Africa, says: “As communication service providers explore diverse service offerings, 5G is anticipated to be the segment with the fastest growth. The demand for and growth of Fixed Wireless Access is also exceeding our expectations, as depicted by the latest Ericsson Mobility Report. It is worth noting that we have observed communication service providers in the region increasingly building on B2B opportunities as well.”
Global 5G subscriptions remain on track to top one billion by the end of this year, and five billion by the end of 2028, despite current and developing economic challenges in many parts of the world. By the end of 2028, five billion 5G subscriptions are forecast globally, accounting for 55 percent of all subscriptions. In that same timeframe, 5G population coverage is projected to reach 85 percent while 5G networks are expected to carry around 70 percent of mobile traffic and account for all contemporary traffic growth.