New Delhi: 5G subscriptions are projected to reach around 840 million in India by the end of 2029, accounting for 65 per cent of mobile subscriptions in the region, a new report showed on Wednesday.
According to the Ericsson Mobility Report, total mobile subscriptions in the region are estimated to grow by 1.3 billion in 2029.
"The June 2024 Ericsson Mobility Report shows continued strong uptake of 5G subscriptions. Enhanced Mobile Broadband and Fixed Wireless Access are the leading use cases, with signs that 5G capabilities are influencing service providers’ Fixed Wireless Access offerings," said Fredrik Jejdling, Executive VP and Head of Networks, Ericsson.
On a global level, researchers estimated that 5G subscriptions will be close to 5.6 billion by the end of 2029.
5G is expected to account for about 60 per cent of all mobile subscriptions by the end of 2029 globally.