5G mobile subscriptions worldwide 2019-2028, by region

5G subscriptions are forecast to increase drastically worldwide from 2019 to 2028, from over 12 million to over 4.5 billion subscriptions, respectively. North East Asia, South East Asia, India, Nepal, and Bhutan are expected to have the most subscriptions by region.

5G: a key driver for IoT

5G (fifth generation) connectivity is expected to drive the market growth of Internet of Things (IoT) in the coming years, as the newer mobile technology will connect machines and devices with higher data speeds, ultra-low latency and increased availability, among other benefits. By 2023, connected cars are expected to form the largest installed base of 5G IoT endpoints worldwide with more than 19 million installed endpoints. Outdoor surveillance cameras and fleet telematics devices are also key factors of the 5G IoT endpoint installed base.