Saturday, 30 May 2020

GSA: 5G subscriptions quadruple and forecast to be 19.3% of global market by end of 2024

posted by the GSA
Thursday 02 April 20

Over 1 billion LTE subscriptions added in 2019, totalling 5.27 billion worldwide London, UK, 2nd April 2020 – The Global mobile Suppliers Association (GSA) today revealed that 5G subscriptions more than quadrupled in the last quarter to reach at least 17.73 million globally by the end of 2019. By the end of 2024…

Over 1 billion LTE subscriptions added in 2019, totalling 5.27 billion worldwide

London, UK, 2nd April 2020 – The Global mobile Suppliers Association (GSA) today revealed that 5G subscriptions more than quadrupled in the last quarter to reach at least 17.73 million globally by the end of 2019. By the end of 2024, GSA and Omdia forecast that 5G will account for 19.3% of the worldwide market, with LTE still dominant at 59.4% of all global mobile subscriptions. The subscriber data and forecasts were collated by Omdia, the new global technology research firm established in 2019 with the combination of the Informa Tech’s research brands (Ovum, Heavy Reading, and Tractica) and the acquired IHS Markit technology research portfolio.

By the end of 2019 there were 5.27 billion LTE subscriptions worldwide, with over one billion LTE subscriptions (1.032 bn) added in the preceding 12 months representing a 24.4% year-on-year growth. LTE subscriptions now account for 57.7% of all global mobile subscriptions. LTE is expected to account for 64.8% global market share by the end of 2022, at which point it will reach its peak point in terms of subscriber numbers and technology market share.

“The old adage of ‘build it and they will come’ has never been more true than with 5G,” said Joe Barrett, President, GSA. “The rapid subscriber adoption of 5G is not just exciting for the industry, it is a vote of confidence in the investments being made in new 5G networks, services and devices. We have already seen 5G deployed at a quicker pace than we saw in the early days of 4G, and these subscriber forecasts further reinforce our view that 5G will be the fastest deployed mobile technology ever.”

The LTE and 5G Market Growth and Forecasts summary data, including a regional breakdown of LTE subscribers, is available for free download for registered users from https://gsacom.com/paper/lte-and-5g-subscriber-growth-and-forecast-april-2020/. Detailed data on the status of 4G and 5G spectrum, networks and devices is available for GSA Members and Associates via the GSA GAMBoD database.

The latest global subscription and forecast data was provided to GSA by Omdia at the end of March 2020 and covers the period up to the end of 2024. The latest report charts over 10 years of global subscription data for mobile services, LTE and now 5G, and shows the changing role of LTE within the global market, from its launch to the present day.


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