Head of network solutions, Financial services company

The global number of 5G subscriptions will surpass 190 million by the end of 2020 and 2.8 billion by the end of 2025, according to a forecast by Swedish telecom gear maker Ericsson on Tuesday.In India, 5G will represent around 18 per cent of mobile subscriptions at the end of 2025, according to the latest Ericsson Mobility Report.The report said that the number of smartphone subscriptions in India increased to 620 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of nine per cent, reaching one billion by 2025.Around 410 million additional smartphone users are expected in India by 2025.In India, 4G LTE subscriptions are forecast to increase from 550 million in 2019 to 820 million in 2025, increasing at a CAGR of seven per cent."It is key to invest in 4G in India, to excel in 5G. Here, private networks represent a very important first step and fundamental to building a momentum in serving a wide array of 5G-enabled use cases," Nitin Bansal, Head of Network Solutions, South east Asia, Oceania and India, said in a statement."Mobile technology is an unmatched connectivity foundation for the digital transformation of any industry, and any product, anywhere in the world."Mobile broadband technologies accounted for 58 per cent of mobile subscriptions in India in 2019, and this figure is predicted to reach 82 per cent by 2025.The total number of mobile broadband subscriptions is set to exceed one billion by 2025, according to the forecast.( With inputs from IANS )

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

Salman Khan

Head Of Network SolutionsFOLLOW

Head of network solutions, Latest News

International :Canada needs 30,000 new immigrants in agri sector: Report

Toronto, April 19 Canada needs 30,000 permanent immigrants over the next decade to either start up their own ... ...

Business :Mastertrust: Women Mastering Finances The Trusted Way

New Delhi, 19th August 2022: Along with ‘Azadi Ka Amrit Mahotsav’, this Independence Day is a celebration of the ... ...

Business :mastertrust: Women Mastering Finances The Trusted Way

August 18:Along with ‘Azadi Ka Amrit Mahotsav’, this Independence Day is a celebration of the Indian Investment Landscape and ... ...

Business :New proof of financial support solution adds trust and efficiency for Indian students applying for a Canadian study permit

ApplyBoard, the global education technology platform revolutionizing the international student journey, and Royal Bank of Canada (RBC), one of Canada's largest financial institutions, today announced a joint Proof of Financial Support solution. This ...

Technology :Global 5G subscription to cross 190mn by end of 2020: Ericsson

The global number of 5G subscriptions will surpass 190 million by the end of 2020 and 2.8 billion by ... ...