Connect with us

Hi, what are you looking for?

HEADLINES

Global 5G mobile subscriptions to exceed 4.39 billion by 2027

North Asia has been a regional leader in 5G adaptability. In 2020, the region accounted for 120 million of the global 216 million 5G mobile subscriptions. Central and Eastern Europe accounted for the least subscriptions, with about 220,000 subscriptions. 

Photo by Frederik Lipfert from Unsplash.com

According to data obtained by Stockapps.com, 5G mobile subscriptions globally are expected to get to 4.389 billion by 2027. North East Asia is likely to have the highest number of subscriptions of over 1 billion, with Central and Eastern Europe expected to record the least number of subscriptions at 230 million. 

“5th generation connectivity is quickly gaining popularity as the new age of the internet rolls by. It is especially a crucial factor driving the Internet of Things and is expected to increase significantly in the coming years,” says stockapps.com’s Edith Reads

North East Asia Leading Region in 5G Adaption

The data compiled also shows that North Asia has been a regional leader in 5G adaptability. In 2020, the region accounted for 120 million of the global 216 million 5G mobile subscriptions. Central and Eastern Europe accounted for the least subscriptions, with about 220,000 subscriptions. 

According to the findings, North East Asia will continue leading in the 5G adaptation. Since 2020, adoption in the region has been growing consistently to get to over 830 million in 2022. It is expected that the region will maintain consistent growth over the years to get to 1.6 billion in 2027. 

Advertisement. Scroll to continue reading.

Latin America is also expected to record high growth rates, surging from 1.3 million 5G subscriptions in 2020 to over 300 million in 2027. The Middle East and Africa will also record an incredible surge, increasing from 1.46 million to 310 million subscriptions in 2027.

5G ushering in new age of the internet

5G connectivity includes so much more than just mobile subscriptions. Data shows that by 2023, connected cars will form around 19 million endpoints, making up the most extensive base of the 5G IoT endpoints. Other significant 5G and IoT factors include surveillance cameras and fleet telematics. 

5G connectivity brings about faster downloads and massive capacity, making it ideal for just about any innovation in today’s world. The new technology is especially making strides in the gaming and entertainment world, with endless possibilities in fields such as emergency response and global payments. 

The full story and statistics can be found at Global 5G mobile subscriptions to exceed 4.39 billion by 2027.

Advertisement. Scroll to continue reading.
Advertisement
Advertisement
Advertisement

Like Us On Facebook

You May Also Like

HEADLINES

Globe recently brought together 100,000 customers to spread joy to 917 underprivileged families through G-Gantic Goals, giving them a memorable Family Day with a...

HEADLINES

The summit drew over 130 education leaders from across the Philippines to Metro Manila to discuss best practices for the use of PowerSchool Schoology Learning and...

HEADLINES

This partnership is dedicated to serving and protecting the underserved yet creditworthy segment of the population and fostering a safe and secure online lending...

HEADLINES

According to ZTE's results announcement, during the period, the net profit attributable to holders of ordinary shares of the listed company amounted to RMB...

HEADLINES

Here are 20 things you might not know about GCash.

HEADLINES

This collaboration aims to provide significant improvements for advanced telehealth services and reliable connectivity to residents, making healthcare more accessible and efficient.

HEADLINES

Jobstreet by SEEK has forged partnerships with various organizations and government entities to create a unified front in promoting job access to many Filipinos,...

HEADLINES

This new location is a push into the northern part of the Metro, reaching farther than its previous northernmost concept store in SM North...

Advertisement