Ericsson(US:ERIC) Prnewswireยท2024-11-26 07:26Core Insights - Global mobile network data traffic is projected to grow almost 200 percent between 2024 and the end of 2030, with a forecast of 6.3 billion global 5G subscriptions by 2030, of which 60 percent are expected to be 5G Standalone (SA) [1][5] Industry Trends - The growth rate of mobile network traffic data is estimated at 21 percent year-on-year for 2024, but it is still expected to increase almost three-fold by the end of 2030 compared to current levels [2] - The report emphasizes the importance of service differentiation and performance-based opportunities as the industry evolves, with a shift towards high-performing programmable networks [4] Service Provider Insights - Less than 20 percent of the approximately 320 communications service providers (CSPs) currently offering commercial 5G services are utilizing 5G SA, indicating a significant opportunity for growth in this area [5] - The densification of mid-band and 5G SA sites is seen as a key catalyst for realizing the full potential of 5G, including programmable and intelligent network capabilities [5] 5G Network Impact - By the end of 2030, 5G networks are expected to carry about 80 percent of total mobile data traffic, compared to 34 percent by the end of 2024 [6] - Fixed Wireless Access (FWA) is gaining popularity globally, with 52 percent of CSPs in Western Europe now offering speed-based tariff plans, up from 30 percent a year ago [7][8] Future Projections - Global 5G subscriptions are projected to reach almost 2.3 billion by the end of 2024, accounting for 25 percent of all global mobile subscriptions, with 5G subscriptions expected to surpass 4G subscriptions by 2027 [10] - The first 6G deployments are anticipated in 2030, building on the capabilities of 5G SA and 5G Advanced [10] Case Studies - The report includes case studies from T-Mobile (U.S.A.), Elisa (Finland), and stc (KSA), showcasing real-world applications of network slicing and premium FWA services [3][11]