Ericsson: Global 5G mobile users will exceed 580 million by the end of 2021

In the Ericsson Mobility Report report, Ericsson predicts that by the end of 2021, 5G mobile users will exceed 580 million, of which it is estimated that 1 million 5G mobile users will be added every day. By the end of 2026, 5G users will reach 3.5 billion, and 5G population coverage will reach 60%.

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The speed of 5G deployment varies from region to region. Europe has a slow start and continues to lag far behind China, the United States, South Korea, Japan, and the Gulf Cooperation Council (GCC) market in terms of 5G deployment speed.

According to the report, Northeast Asia is expected to account for the largest share of 5G users by 2026, with an estimated 1.4 billion 5G users. Although North America and the Gulf Cooperation Council market are expected to account for the highest 5G user penetration rates, 5G mobile users account for 84% and 73% of all regional mobile users, respectively.

In addition, Ericsson also predicts in the report that by 2021, large-scale IoT technology (NB-IoT and Cat-M) connections will increase by nearly 80%, reaching nearly 330 million connections. By 2026, these technologies are expected to account for 46% of all cellular IoT connections.