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Africa|Financial|Service|Services|Technology|Wireless
Africa|Financial|Service|Services|Technology|Wireless
africa|financial|service|services|technology|wireless

5G remains fastest-growing subscription type in Africa

13th December 2024

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

     

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As mobile subscriptions in sub-Saharan Africa grow at 4% a year, increasing from 950- million in 2023 to 1.2-billion by 2030, the November 2024 edition of the Ericsson Mobility Report forecasts that 5G subscriptions will be the fastest- growing subscription type.

5G subscriptions are expected to surge from 11- million in 2023 to 420-million – accounting for 33% of total subscriptions – by the end of the decade, equating to a growth rate of 59% a year, and making notable strides in connectivity and digital transformation.

Globally, 5G subscriptions are forecast to reach 6.3-billion by the end of 2030, with 60% expected to be 5G Standalone subscriptions.

5G Standalone and 5G Advanced are expected to be key focuses for communications service providers for the remainder of the decade as they deploy new capabilities to create offerings centred on value delivery rather than data volume.

According to the report, by 2030, 4G subscriptions will account for 35% of total mobile subscriptions, with 2G and 3G subscriptions expected to decline as the shift to 4G and 5G networks continues.

The Ericsson Mobility Report highlighted that the telecommunications sector in sub- Saharan Africa remains resilient, with communications service providers in the region diversifying into financial technology, particularly mobile money services, and into fixed-wireless access, which serves as a pivotal technology amid Africa’s increasing broadband demands.

“Driven by a young and dynamic population, the increasing affordability of smartphones and the growing demand for mobile data and advanced services, the November 2024 edition of the Ericsson Mobility Report highlights the significant growth potential of mobile subscriptions in sub-Saharan Africa by 2030,” according to Ericsson Middle East and Africa VP and head of networks Ante Mihovilovic.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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