Nearly 800 million of these LTE subscriptions were added in the past 12 months, and LTE subscriptions now account for 60.4% of all mobile subscriptions worldwide. In addition, the number of 5G subscriptions doubled in the second quarter of 2020, reaching at least 137.7 million 5G subscriptions worldwide (accounting for 1.5% of the overall global mobile market.) According to the latest data, Omdia predicts that by the end of 2025, the number of global mobile users will be close to 10.3 billion. LTE is expected to reach its peak technical market share (63.3%) by the end of 2021 and its peak number of users (6.07 billion users) by the end of 2022. Starting in 2023, the LTE market is expected to begin a slow decline as users migrate to 5G. From the end of 2020 to the end of 2025, the GSM user market share will drop from 15.1% to 5.6%, and the WCDMA user market share will drop from 19.4% to 11.3%. By the end of 2025, 5G will account for nearly 30% of the global mobile market (3.03 billion users), while LTE will still dominate with 53.5% of global mobile users. |
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