Currently, there are 329 commercial 5G networks worldwide, according to 5G Americas
Global 5G connections exceeded 2 billion connections at the end of the second quarter of the year, with the addition of 192 million connections during the period, according to a new report by 5G Americas and Omdia.
The report suggests that global 5G connections will reach 8.6 billion by 2029. As a share of all wireless cellular technologies, 5G is expected to account for 59% of global access networks by 2029, according to 5G Americas.
In the last quarter, 5G connections in North America totaled 242 million, representing 34% of all wireless cellular connections. During the second quarter, the region added 23 million new 5G connections representing a 11% growth quarter over quarter. By 2029, North American 5G connections are forecast to surge to 761 million, representing 84% of all wireless cellular access technologies, according to the report.
Omdia principal analyst Kristin Paulin said: “As 5G adoption continues to grow in North America, operators continue to enhance their 5G networks. This includes expanding coverage with mid-band spectrum and shifting to 5G standalone, the latter of which allows operators to do more like provide network slices and is the base for 5G RedCap.”