As service providers continue the rollout of 5G technology, coverage is projected to continue its significant growth over the next four years, with more than half of the world’s population expected to have access to the technology by 2025.
According to data by Bankr, the global 5G network coverage will increase by 253.84% by 2025 reaching about 4.1bn people, indicating the figure will be around 53% of the global population.
Currently, just 15% of the world’s population, which is around 1.17bn people, have access to 5G with this figure growing to about 25% / 1.95bn people by the end of 2021.
The Bankr research has highlighted that few regions are currently driving the 5G uptake: “The over one billion access to 5G coverage in 2020 is a culmination of a joint clear consensus on the 5G network by major players in recent years. The coverage is significant however, it is being driven by a select few regions in Asia, the US, and Europe.
“Other regions are still building the infrastructure to accommodate the technology. Notably, Asia is a current leader in 5G after undergoing a rapid migration in mobile broadband networks and smartphones setting the perfect ground for 5G adoption.”