The world may have these many 4G LTE and 5G connections by 2022 :
NEW DELHI: 4G LTE is expected to reach over 5.6 billion connections globally in 2022 at which time LTE market share will stand at 60 percent. 5G is expected to accumulate connections starting in late 2018 and by 2022, it is forecast to have almost 400 million connections worldwide, 5G Americas said in a statement citing Ovum data.
5G Americas said that global LTE connections grew by more than one billion connections from June 2017 to June 2018 with a growth rate of 43 percent. With all subscription data provided by Ovum, the LTE market share compared to all other mobile wireless technologies achieved 42.3 percent at the end of the second quarter of 2018 with a global total of 3.6 billion LTE connections. “Globally, total mobile connections grew by 6 percent in the year to the second quarter of 2018, while LTE connections grew a stronger 43 percent during this time,” stated Kristin Paulin, Senior Analyst, Ovum. “This substantial LTE foundation leads to the anticipation that soon we will start to see 5G make inroads.” Ovum said that there were 3.6 billion LTE connections out of a total of 8.5 billion total cellular connections worldwide in the year to the second quarter of 2018. LTE global market share forecast to reach 60.3 percent by year-end 2022.
Latin America and the Caribbean added 82 million new LTE subscriptions with 52 percent growth year over year from June 2017. At the end of the second quarter, there were nearly 241 million LTE connections in the Latin America region on commercial LTE networks across all countries.
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