India will have more than 270 mn 5G subs by 2024-end, 970 mn by 2030: Ericsson report

  • By 2030, 5G subscriptions will account for 74% of all mobile subscriptions in the country, the latest Ericsson Mobility Report said.

Gulveen Aulakh
Published26 Nov 2024, 04:21 PM IST
According to the report, genAI applications are emerging as a key driver of 5G growth. Photo: Bloomberg
According to the report, genAI applications are emerging as a key driver of 5G growth. Photo: Bloomberg

India is poised to become a 5G powerhouse in the coming years, with projections indicating that 5G subscriptions will exceed 270 million by the end of 2024, according to the latest Ericsson Mobility Report. This number represents 23% of the total mobile subscriptions in the country. By 2030, the number of 5G subscriptions is expected to climb to around 970 million, accounting for 74% of all mobile subscriptions, the report said.

As 5G gains traction, the dominance of 4G is expected to wane. Currently comprising 54% of total mobile subscriptions, 4G subscriptions are projected to decline from 640 million in 2024 to 240 million by 2030. Meanwhile India's 5G uptake is accelerating, with enhanced mobile broadband and fixed wireless access (FWA) being the primary use cases.

AI-driven surge

According to the report, genAI applications are emerging as a key driver of 5G growth. Global 5G subscriptions are expected to be around 2.3 billion by the end of 2024, accounting for 25% of all mobile subscriptions, and 6.3 billion by 2030. The number of 5G subscriptions is expected to cross the number of 4G subscriptions by 2027. "About 67% of 5G smartphone users in India are expected to use genAI apps weekly within the next five years," it added.

Also read: Adani mulls surrendering 5G spectrum after more than 2 years of purchase

The report said AI, including genAI applications – which are already integrated across smartphones, laptops, watches and FWA products – could impact uplink and downlink network traffic, driving potential mobile traffic growth beyond current baseline predictions.

Umang Jindal, Ericsson’s head of network solutions, software and performance for Southeast Asia, Oceania and India, said, “Generative AI (genAI) may significantly impact future mobile network traffic, particularly through increased video consumption and changing uplink requirements. Accelerated consumer uptake of genAI will cause a steady increase of traffic in addition to the baseline increase. India already has the highest average monthly usage per smartphone at 32 GB, which is expected to grow to 66 GB by 2030, at a CAGR (compound annual growth rate) of 13%.”

Also read | 5G smartphones at 8,000: The push for digital India

The report said smartphone users in India are willing to pay extra for guaranteed performance on video calling, streaming and online payments. "One in six 5G users is willing to pay 20% of their current monthly mobile spend for assured connectivity at event venues," said Jasmeet Sethi, head of Ericsson’s ConsumerLab.

Fixed wireless access surging, too

On a global level, 5G and FWA will dominate mobile networks, with 5G networks projected to carry 80% of total mobile data traffic by 2030, up from 34% in 2024. 5G fixed wireless access (FWA) is a wireless technology that uses radio waves to connect homes and businesses to the internet. It is the second-largest 5G use case after mobile broadband. More than 80% of communication service providers in four out of six regions offer FWA, and the number of providers with speed-based tariff plans has increased from 30% to 43% in the past year, the report said.

Global FWA connections are forecast to touch 350 million by 2030, with almost 80% being 5G. The report also said the first 6G deployments are expected in 2030, building on the capabilities of 5G standalone and 5G advanced.

Also read: Vodafone Idea to offer 5G in Mumbai, Delhi by Dec, pricing strategy in the works

Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:26 Nov 2024, 04:21 PM IST
Business NewsIndustryTelecomIndia will have more than 270 mn 5G subs by 2024-end, 970 mn by 2030: Ericsson report

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Power Grid Corporation Of India share price

    338.70
    03:50 PM | 26 NOV 2024
    -4.15 (-1.21%)

    Adani Power share price

    437.75
    03:58 PM | 26 NOV 2024
    -9.1 (-2.04%)

    Bharat Electronics share price

    297.80
    03:54 PM | 26 NOV 2024
    5.35 (1.83%)

    GAIL India share price

    193.90
    03:54 PM | 26 NOV 2024
    -5.25 (-2.64%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Piramal Enterprises share price

    1,197.35
    03:47 PM | 26 NOV 2024
    89.55 (8.08%)

    Laurus Labs share price

    545.00
    03:29 PM | 26 NOV 2024
    12.85 (2.41%)

    Wipro share price

    589.05
    03:58 PM | 26 NOV 2024
    6.3 (1.08%)

    Federal Bank share price

    213.55
    03:51 PM | 26 NOV 2024
    0.55 (0.26%)
    More from 52 Week High

    Poly Medicure share price

    2,775.00
    03:29 PM | 26 NOV 2024
    -227.7 (-7.58%)

    Adani Green Energy share price

    899.40
    03:59 PM | 26 NOV 2024
    -68.25 (-7.05%)

    DCM Shriram share price

    1,160.00
    03:29 PM | 26 NOV 2024
    -67.3 (-5.48%)

    Fortis Healthcare share price

    664.60
    03:59 PM | 26 NOV 2024
    -36.15 (-5.16%)
    More from Top Losers

    Piramal Enterprises share price

    1,197.35
    03:47 PM | 26 NOV 2024
    89.55 (8.08%)

    Triveni Turbines share price

    824.30
    03:54 PM | 26 NOV 2024
    60.4 (7.91%)

    Capri Global Capital share price

    210.00
    03:29 PM | 26 NOV 2024
    15.35 (7.89%)

    Vodafone Idea share price

    7.53
    03:59 PM | 26 NOV 2024
    0.55 (7.88%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      78,555.00-1,090.00
      Chennai
      78,561.00-1,090.00
      Delhi
      78,713.00-1,090.00
      Kolkata
      78,565.00-1,090.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.92/L0.00
      Chennai
      100.90/L0.00
      Kolkata
      104.95/L0.00
      New Delhi
      94.77/L0.00

      Popular in Industry

        HomeMarketsloanPremiumMint Shorts