For the next six years, nearly 2.6 billion new subscribers will be added to mobile broadband networks according to Ericsson Mobility Report.
Ericsson foresees continued rapid growth of mobile connectivity as global mobile data traffic increases to eight times its current level by 2022.
The Ericsson Mobility Report shows the highest year-on-year mobile data growth globally since 2013, led by massive growth in India, and highlights the underlying need for mobile data.
By the end of 2022, total smartphone mobile data traffic will have increased 9X, reaching 66 ExaBytes per month.
Niklas Heuveldop, Chief Strategy Officer and Head of Technology and Emerging Business, Ericsson said, “4G subscriptions are increasing faster than ever, Voice over LTE uptake is accelerating and traffic growth has reached levels we have not seen since 2013.”
“According to our forecast, we anticipate that this will lead to more than half a billion 5G subscriptions and a population coverage of 15 percent by 2022,” added Heuveldop.
In 2018, 4G LTE will overtake GSM as the largest access technology by number of subscriptions. The speed with which this technology has been rolled out and adopted is unprecedented.
It has taken only five years for LTE to cover 2.5 billion people, compared to eight years for WCDMA/HSPA, or 3G. In the first quarter of this year alone, 250 million new LTE subscriptions were added.