Western Europe expects rapid growth of 5G technology

Western Europe is not currently one of the world’s leading 5G networks. However, in the next five years, Europe is set to catch up and become the world’s second most important region for 5G networks, according to the Ericsson Mobility Report. While in Western Europe, only 6 percent of mobile phone contracts were 5G capable at the end of 2021, behind North America (20 percent), Northeast Asia (19 percent) and the Gulf states (9 percent), it is expected that You have a 5G share of 82 percent by 2027. This will be just behind North America, where the 5G share is expected to be 90 percent.

As 5G technology expands in the region, the number of 5G contracts is also expected to increase. Between 2020 and 2021, the number of 5G contracts has already increased from five to 31 million – and this number is expected to rise to 150 million by the end of 2023. According to the Ericsson Mobility Report, “4G is expected to decline from 2023 in favor of the penetration of Much higher for 5G subscriptions.

The penetration of 5G will not only increase significantly in Europe, but all over the world as well, read more. In principle, only a quarter of the world’s population currently has access to a 5G network. However, this value will triple in the next five years. And the technology must also be used – by 2027, 5G technology will account for half of all contracts. (RF)