Ericsson Massively Doubles Cellular IoT Deployment Forecast
Ericsson has almost doubled its forecast for the connected cellular Internet of Things (IoT) in 2023 to 3.5 billion, the mobile telecom gear maker said on Tuesday.
According to Ericsson’s November Forecast, there would be 1.8 billion cellular IoT connections that use cellular technology worldwide by 2023. This week, it has almost doubled that estimate to 3.5 billion. Over 60 cellular IoT networks have already been launched worldwide, with North America focusing on logistics, while China is more into smart cities and smart agriculture.
Moving on to 5G Ericsson notes that the first 5G commercial rollouts are expected later this year, and the whole thing should ramp pretty quickly after that. North America looks set to be first, but things will pick up once China gets involved soon after. By the end of 2023, almost 50% of all mobile subscriptions in North America are forecast to be for 5G, followed by North East Asia at 34%, and Western Europe at 21%.
As ever there are a bunch of other stats in the report like Voice Over LTE Outlook, IoT connections outlook, etc.
