5G Will Cover Roughly 1.5 Billion People By 2024, Researchers Say

By the end of 2025, 5G will reach more than 40 percent of the world's population and cover 1.5 billion people, according to the latest mobility report [PDF] from telecommunications company Ericsson, which says its networks currently carry nearly half the world's mobile traffic. From the report: 5G, short for fifth-generation network technology, promises a massive boost in speed and responsiveness. Industry watchers expect the first 5G smartphones to come out in the first half of next year. Researchers forecast that mobile data consumption will reach more than 21GB per month by 2024, which is nearly four times the consumption in 2018. 5G networks will carry 25 percent of global mobile data traffic, according to Ericsson. North America and North East Asia are expected to lead the 5G rollout, followed by Western Europe.

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