5G mobile subscriptions in India to reach 130 million in 2023
New Delhi: 5G subscriptions in India are expected to reach 130 million in 2023, and grow to 860 million by 2029, a new report showed on Thursday.
According to an Ericsson report, 5G subscriptions are expected to account for 68 percent of mobile subscriptions in India by the end of 2029.
“Our global deployment experience and technology leadership have enabled us to support India in its 5G journey. Mobile networks are playing a vital role in driving social and economic inclusion in India, transforming the country into a digitally empowered society. supports the government’s vision of change,” said Nitin Bansal, head of Ericsson India.
4G continues to be the dominant subscription type driving connectivity and data growth in the country. However, as subscribers shift to 5G, 4G subscriptions are projected to decline from 870 million in 2023 to 390 million by 2029.
Total mobile subscriptions in the region are projected to grow to 1.27 billion in 2029. The average data traffic per smartphone in India is the highest globally. This is projected to grow from 31 GB per month in 2023 to about 75 GB per month in 2029 – a CAGR of 16 percent. The report said total mobile data traffic is projected to grow from 26 EB (exabyte) per month in 2023 to 73 EB per month in 2029, growing at a CAGR of 19 percent.
Smartphone subscriptions in India as a percentage of total mobile subscriptions are expected to grow from 82 percent in 2023 to 93 percent in 2029. Globally, there will be 610 million new 5G subscriptions for calendar year 2023 – a 63 percent increase over 2022 – bringing the global total to 1.6 billion, about 100 million more than previously predicted.
In the six years between the end of 2023 and 2029, global 5G subscriptions are projected to grow by more than 330 percent – from 1.6 billion to 5.3 billion. The report said 5G coverage is projected to be available to more than 45 percent of the global population by the end of 2023 and up to 85 percent by the end of 2029.
“With more than 600 million 5G subscriptions added globally this year and growth across every region, it’s clear that demand for high-performance connectivity is strong,” said Fredrik Jejdling, Ericsson’s executive vice president and head of networks.
