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GCC 5G subscriptions grow 30% annually

From 15 to 71 million up to the end of 2028
GCC 5G subscriptions grow 30% annually
5G

The November 2022 edition of the Ericsson Mobility Report forecasts that 5G subscriptions in the Gulf Cooperation Council (GCC) region are projected to grow steadily at an average annual rate of 30 percent, from 15 to 71 million up to the end of 2028, accounting for 86 percent of total connections at that time.

Currently, 4G accounts for 72 percent of mobile subscriptions in the GCC with 5G at 20 percent of the total mobile subscriptions. With the expected growth of 5G subscriptions, 4G subscriptions are expected to decline from 55 million in 2022 to 8 million in 2028. The monthly data traffic per smartphone in the GCC will almost double from 25 GB per month in 2022 to around 53 GB per month in 2028.

Nicolas Blixell, Vice President and Head of Gulf Council Countries at Ericsson Middle East and Africa, says: “5G is anticipated to be the segment with the fastest growth. The demand for and growth of Fixed Wireless Access is also exceeding our expectations, as depicted by the latest Ericsson Mobility Report.”

Read more: 5G will be the strongest-growing segment in MENA, predicts Ericsson

Global 5G subscriptions remain on track to top one billion by the end of this year, and five billion by the end of 2028, despite current and developing economic challenges in many parts of the world. By the end of 2028, five billion 5G subscriptions are forecast globally, accounting for 55 percent of all subscriptions. 

On 5G itself, about 110 million subscriptions were added globally between July-September 2022, bringing the total to about 870 million. As forecast in previous reports, 5G is still expected to reach one billion subscriptions by the end of this year – two years faster than 4G did, following its launch.

Overall mobile subscriptions are expected to top 8.4 billion by the end of 2022, and 9.2 billion by the end of 2028. Most subscriptions are associated with smartphones. At the end of 2022, 6.6 billion smartphone subscriptions are estimated, accounting for about 79 percent of all mobile phone subscriptions.

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