INDIA'S MOBILE SUBSCRIBER BASE IS EXPECTED TO REACH 1.42 BILLION BY 2024 AND 80% OF USERS ARE LIKELY TO HAVE 4G CONNECTIONS, ACCORDING TO ERICSSON MOBILITY REPORT.
The indian government is saying that 5G will be introduced in 2020, but we expect a significant uptake to commence in 2024. This represents 2.7% of all Mobile subscriptions at the time.
- GLOBALLY, 5G services are expected to reach more than 40% global population coverage and 1.5 Billion subscriptions for enhanced Mobile broadband by the end of 2024.
- LTE (4G) SUBSCRIPTIONS are expected to grow at CAGR of 22% from 350 million (30% of total) in 2018 to 1.15 billion in 2024, representing 81% of all Mobile subscriptions.
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