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5G subscriptions will reach 550 million in Southeast Asia and Oceania by the end of 2029, according to the November edition of the Ericsson Mobility Report.

Global 5G subscriptions are forecast to top 5.3 billion by the end of 2029Continued strong surge in average data consumption per smartphone in Southeast Asia and Oceania - predicted to increase from 24GB/month to 66GB/month between 2023 and 202985

Global 5G subscriptions forecast to top 5.3 billion by the end of 2029          Continued strong surge in global average data consumption per smartphone - predicted to increase from 21GB/month...

Ericsson estimates that almost one-in-five of all global mobile subscriptions will be 5G subscriptions by the end of 2023, as the growth proves resilient despit

Bharti Airtel: Meanwhile, 4G continues to be the dominant subscription type driving connectivity and fueling data growth in the region. However, as subscribers migrate to 5G, 4G subscriptions are forecast to decline from 870 million in 2023 to 390 million by 2029. Total mobile subscriptions in the region are estimated to grow to 1.27 billion in 2029, as per the report.