The latest data from GSMA Intelligence is painting an exciting picture for the future of connectivity, with 5G expected to become the dominant technology in the mobile industry. By 2029, 51% of mobile connections are projected to be 5G, increasing to 56% by the end of the decade. This rapid growth has already seen over one billion 5G connections by the end of 2022, on track to reach 5.5 billion by 2030.
As of January 2024, 261 operators in 101 countries have launched commercial 5G services, with 47 offering 5G Standalone networks. This number is set to rise with 89 planned deployments that will take advantage of advanced features like network slicing and ultra-reliable low-latency communications.
The expansion of 5G Standalone networks and enhanced support for private and dedicated networks will fuel the growth of IoT in the enterprise sector. GSMA Intelligence data reveals that the enterprise segment already has 10.7 billion IoT connections, and this number is expected to more than double to 38.5 billion by 2030. Smart buildings and smart manufacturing are poised to be significant contributors to this growth.
Looking ahead, the availability of 5G-Advanced with 3GPP Release 18 will be a major milestone in IoT development, driving new investments and use cases in the industry. Over half of operators anticipate deploying 5G-Advanced within a year of its commercial availability, aiming to support services like 5G multicast and low-cost IoT solutions.
The surge in mobile data traffic is expected to continue, with a fourfold increase projected by 2030. This growth will be facilitated by expansions in 5G coverage and capacity, highlighting the importance of ongoing infrastructure investments. Monthly global mobile data traffic per connection is forecasted to grow from 12.8 GB in 2023 to 47.9 GB in 2030.
For more detailed information on this exciting industry outlook, you can access the full press release here. Stay tuned for more updates as the mobile landscape continues to evolve towards a more connected future.
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