LTE & 5G Subscribers 2020 – Global Growth
LTE SUBSCRIPTIONS GROWTH*
By the end of Q2 2020 there were 5.55 billion LTE subscriptions worldwide.
Nearly 800 million LTE subscriptions were added in the preceding 12 months.
16.7% YoY growth.
LTE subscriptions now account for 60.4% of all global mobile subscriptions.
5G subscriptions doubled in the second quarter of 2020 to reach at least 137.7 million globally (representing 1.5% of the entire global mobile market).
MOBILE SUBSCRIPTIONS FORECAST
According to its latest figures, globally Omdia forecasts there will be nearly 10.30 billion mobile subscriptions by the end of 2025.
LTE is expected to reach its peak point in terms of technology market share at the end of 2021 (at 63.3%), and to reach its peak point in terms of subscriber numbers at the end of 2022 (at 6.07 billion subscribers).
From 2023 the LTE market is forecast to start to decline slowly, as customers migrate to 5G.
Between end 2020 and end 2025, the share of the market represented by GSM subscriptions will fall from 15.1% to 5.6%, and the share represented by W-CDMA will decline from 19.4% to 11.3%.
By the end of 2025, 5G will account for nearly 30% of the global market (at 3.03 billion subscriptions), although LTE will still be dominant at 53.5% of all global mobile subscriptions.
* Source of data – Omdia provided to GSA in September 2020
LTE & 5G Subscribers 2020
5G Devices Ecosystem September 2020. Executive Summary Key facts The number of announced 5G devices has continued to climb rapidly,…