Global 5G users exceed 1 billion, Ericsson: 5G promotes revenue growth of telecom operators
The Ericsson report pointed out that the global population of 5G users will exceed 1 billion by the end of 2022, and the number of users will increase by 136 million in the fourth quarter of last year, while the revenue of telecom operators in the top 20 5G markets in the world continues to grow, showing the growth of 5G penetration rate and revenue of telecom operators closely related.
According to the latest data update of Ericsson’s mobile trend report, by the end of 2022, the number of 5G users in the world will reach 1 billion people, an increase of 136 million users in the fourth quarter of last year alone. At present, there are as many as 235 telecom providers (Communication Service Providers, CSPs) in the world. Commercial 5G services.
As 5G rollouts move to the next phase, Ericsson launches the first business commentary edition of the Mobility Trends report, which examines the progress of the top 20 5G markets in the world, including China, Japan, Singapore, South Korea, Taiwan and the US, in terms of achieving 5G revenue business strategy.
The report pointed out that in the top 20 5G markets with global penetration rate (accounting for about 85% of all 5G users in the world), the revenue of telecom operators has shown a continuous growth trend since the beginning of 2020, and believes that this phenomenon is related to the penetration rate of 5G users in the market. are closely related to the increase.
According to the report, Tiered pricing models are crucial to the operation of telecom operators. This model can effectively meet the individual needs of each customer while promoting long-term revenue growth. The top 20 5G markets in the world have significantly improved their network performance after the introduction of 5G services. In these leading markets, the wireless service revenue curve is trending upward again after a period of slow growth or flat growth, which correlates with growth in 5G subscriber penetration.
Ericsson pointed out that even in the top 20 5G markets with global penetration rates, about 80% of consumers have not yet upgraded to 5G services, which brings revenue potential to telecom operators.
In addition to consumer business, the deployment of 5G private network and wireless wide area network has attracted attention in the enterprise and public sectors. Ericsson said that by upgrading the existing 4G sites to 5G, the network capacity has the potential to increase by more than 10 times , and provide telecom operators with the possibility of revenue growth and cost reduction, to achieve sustainable net zero goals by reducing energy consumption by more than 30%.