Global 5G growing rapidly

According to Omdia, the world added 124 million 5G connections between Q1 and Q2 of 2021, increasing 41 percent from 305 million to 429 million. 5G remains on pace to triple the number of connections in 2020 and is forecast to reach 692 million globally by the end of the calendar year.

Additionally, 10 5G commercial networks went live globally in Q2 2021, bringing the global total up to 182 networks, according to data from TeleGeography. That number is expected to reach 220 by the end of 2021 and 323 by the end of 2023.

Forward projections for 5G and 4G LTE from Omdia remain healthy, with estimates of global 5G connections reaching 4.7 billion in 2026.

Image courtesy 5G Americas, TeleGeography and Omdia