Report: 5G set to be leading tech in South-East Asia

The Ericsson report says 5G subscriptions in the region are projected to reach almost 30 million in 2022 and around 620 million by the end of 2028. — Reuters

KUALA LUMPUR: The 5G network will become the leading technology in South-East Asia (SEA) by 2028 with a penetration rate of 48%, according to Ericsson Mobility Report.

The 5G subscriptions in the region are projected to reach almost 30 million in 2022 and around 620 million by the end of 2028.

Head of Ericsson Malaysia, Sri Lanka and Bangladesh, David Hagerbro said the rapid rollout of the 5G network by Digital Nasional Bhd in Malaysia would accelerate the country’s journey towards becoming digital economy and a 5G leader in the region.

The report said most major service providers are expected to launch commercial 5G services by the end of 2028 in SEA and Oceania.

“5G adoption and growing consumer usage of new immersive services are key factors for growing mobile data usage in the region.

“Mobile traffic per smartphone is expected to grow from 12.5 gigabyte (GB) per month in 2022 to 54 GB per month in 2028, a compound annual growth rate (CAGR) of almost 30%,” it said.

On wider perspectives, the report said global 5G subscriptions remained on track to top one billion by the end of this year and five billion by the end of 2028 despite current and developing economic challenges in many parts of the world.

According to the report, about 110 million subscriptions were added globally between July 2022 to September 2022, bringing the total to about 870 million.

“5G is still expected to reach one billion subscriptions by the end of this year, two years faster than 4G did, following its launch.

“The statistic reinforces 5G as the fastest-scaling mobile connectivity generation. Key drivers include the timely availability of devices from multiple vendors with prices falling faster than for 4G and China’s large early 5G deployments,” it said.

Globally, it said almost 230 communications service providers (CSPs) have launched 5G services to date with more than 700 5G smartphone models announced or launched commercially.

It said global 5G subscriptions are forecast to account for 55 per cent of all subscriptions by the end of 2028.

The report said in that same timeframe, 5G population coverage is projected to reach 85% while 5G networks are expected to carry around 70% of mobile traffic and account for all contemporary traffic growth.

Additionally, it said global fixed wireless access (FWA) connections are forecast to grow at 19% year-on-year through 2022-2028 and top 300 million connections by the end of 2028 driven by accelerated FWA plans in India and expected growth in other emerging markets.

It said more than three-quarters of CSPs surveyed in more than 100 countries currently offer FWA services. — Bernama

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Ericsson , 5G , SEA , DigitalNasional , mobiletraffic , CSP , FWA


Next In Business News

Exciting deals at Sunway Theme Parks Mega Roadshow
CPO futures likely to trade in yo-yo mode next week
Maybe Apple’s weakness isn’t just supply chain woes
Good news for the global economy
BP, Chubu Power to study CCS project at Nagoya
Short Position: Private equity exits, Managing cyber threats, Don’t kick the can down the road
Bonds surge as traders call time on hikes
Central banks continue fight against inflation
Defining market manipulation
Lee Chun Fai redesignated as IJM CEO and MD

Others Also Read