Summary:
India's 5G subscriber base is expected to grow to 970 million by 2030, accounting for 74% of mobile subscribers. A recent Ericsson report highlights the role of Generative AI in enhancing 5G performance. By the end of 2024, 5G subscriptions are projected to reach nearly 270 million, or 23% of total mobile subscriptions, demonstrating India's increasing reliance on 5G networks.
Global 5G subscriptions are expected to reach 2.3 billion by 2024, accounting for 25% of all mobile subscriptions, and are projected to grow to 6.3 billion by 2030. 5G subscriptions are expected to surpass 4G globally by 2027. In India, 67% of 5G users are expected to use Generative AI apps weekly, with many willing to pay 20% more for guaranteed performance, especially during events.
Source: IBEF
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