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This will make 5G the fastest generation of cellular technology to be rolled out on a global scale, according to the latest edition of the Ericsson Mobility Report.
According to the report, key drivers for 5G deployment include increased network capacity, lower cost per gigabyte and new use case requirements.
"North America and North East Asia are expected to lead the 5G uptake. In North America, 5G subscriptions are forecast to account for 55 per cent of mobile subscriptions by the end of 2024. In North East Asia, the corresponding forecast figure is more than 43 per cent," said the report released on Tuesday.
Fredrik Jejdling, executive vice-president and head of business area networks, said as 5G now hits the market, its coverage build-out and uptake in subscriptions are projected to be faster than for previous generations.
In the third quarter, mobile data traffic grew 79 per cent year on year, which is the highest rate since 2013, said the Mobility report.
"Increased data-traffic-per-smartphone in North East Asia - mainly in China - has pushed the global figure notably higher. With a traffic growth per smartphone of around 140 per cent between end 2017 and end 2018, the region has the second highest data traffic per smartphone at 7.3 gigabytes per month. This is comparable to streaming HD video for around 10 hours per month," it said.
- issacjohn@khaleejtimes.com
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