The global 5G mobile subscription is poised to surpass the 1 billion mark this year, two years sooner than 4G, which took ten years to hit the milestone. The latest edition of the Telefonaktiebolaget LM Ericsson (ERIC) Mobility Report indicates North America will lead the world in 5G subscription penetration over the next five years. Nine out of every ten subscriptions are expected to be 5G in North America in 2027. However, according to a Reuters report, a weaker global economy and uncertainties triggered by Russia's invasion of Ukraine could slow 5G adoption. This is why Ericsson lowered its estimate for 2022 by about 100 million.
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