Search Results for: global mobile subscriptions

Ericsson estimates that almost one-in-five of all global mobile subscriptions will be 5G subscriptions by the end of 2023, as the growth proves resilient despite continued economic challenges and geopolitical unrest in some markets. The statistic is featured in the November 2023 edition of the Ericsson Mobility Report, which estimates that there will be 610 million new 5G subscriptions for the calendar year 2023 – a 63% increase on 2022 – bringing the global total to 1.6 billion, about 100 million more than previously predicted.

Chandler, AZ, USA. 18 April 2023 – Viavi Solutions Inc. has released new industry data revealing that 5G connectivity has reached a tipping point globally as 5G networks are now active in 47 of the world’s 70 economies, measured by GDP.

Basingstoke, United Kingdom – A new study from Juniper Research has found operator‑billed 5G service revenue will reach [$315 billion (€313.20 billion)] in 2023; rising from [$195 billion (€193.88 billion)] in 2022. This represents growth of over 60% in a single year. The research predicts this increase in revenue will be driven by the accelerating migration of cellular subscriptions to 5G networks; owing to operator strategies that minimise or remove any premium over existing 4G subscription offerings. It forecasts over 600 million new 5G subscriptions will be created next year, despite the anticipated economic downturn in 2023.

The additions brought the total number of 5G subscriptions globally to 690 million as of the end of the second quarter, 2022.

Riyadh, Saudi Arabia – Nokia has announced research that forecasts 5G subscriptions are expected to reach 263 million in the Middle East and Africa (MEA) region by 2026. The 5G subscription growth will primarily be in Gulf Cooperation Council (GCC) countries, including Saudi Arabia, the UAE, Qatar, Oman, Kuwait and Bahrain. Additionally, subscribers in South Africa, Nigeria and North African countries will increase adoption following the release of new spectrum. This trend is triggered by the increasing use of high-bandwidth consumer applications and industrial use cases.

Hampshire, UK. 8^t February 2022: A new report from Juniper Research has predicted that end-user spend via carrier billing will increase to $73.8 billion (€64.57 billion) in 2024, from $54.4 billion (€47.60 billion) in 2021, with growth driven by 5G-based mobile gaming and video subscriptions. To leverage this growth, the report advises operators to forge new partnerships with content providers to build frameworks that enable the distribution of new content paid for by carrier billing.

Pune, India, 18 Jan 2022 – The global direct carrier billing platform market is estimated to be worth of US$32.23 billion (€28.41 billion) in 2021 with a CAGR of 9.34% during the forecast period, as per a detailed market study by Quince Market Insights. 

The UK Competition and Markets Authority (CMA) has launched a probe into what it says is the “vice-like grip” Apple and Google have over the mobile ecosystem. Business technology journalist, Antony Savvas says telcos and their partners should step up to the plate and use wider regulatory pressure on “big tech” to take back some power in the communication services market.

Hampshire, UK. 30^th November 2021 – A new study from Juniper Research has found that revenue generated from 5G services will reach $600 billion (€530.34 billion) by 2026; representing 77% of global operator-billed revenue. It found that the adoption of 5G services across consumer and IoT sectors has been driven by a strong uptake of 5G-capable devices, coupled with attractive 5G subscription pricing models, despite the semiconductor crisis caused by the COVID-19 pandemic.

Boku Inc. has launched M1ST (aka Mobile First), a mobile payments network. The M1ST Payments Network features 330+ mobile payment methods, including mobile wallets, direct carrier billing, and real-time payments schemes, reaching 5.7 billion mobile payment accounts in 90 countries all through a single integration.