Ericsson Mobility Report - Q2 2024 Update
Global Mobile Subscriptions:
- Q2 2024: Global mobile subscriptions reached approximately 8.7 billion, with a net addition of 60 million subscriptions during the quarter.
- China: Leads in net additions (+22 million), followed by India (+8 million) and Bangladesh (+2 million).
- Penetration Rate: Global mobile subscription penetration stands at 107%.
- Mobile Broadband: Accounts for 89% of all mobile subscriptions, growing by about 100 million in the quarter.
- Unique Mobile Subscribers: Totaled 6.5 billion, differing from the number of subscriptions due to inactive subscriptions, multiple device ownership, and/or optimized subscriptions for various call types.
5G Subscriptions:
- Growth: Grew by 161 million during the quarter, now totaling over 1.9 billion subscriptions, representing 22% of all mobile subscriptions.
- Service Providers: 320 communications service providers have launched commercial 5G services, with over 60 deploying or launching 5G standalone (SA) networks.
4G & Other Subscriptions:
- Decline: Continued decline, reducing by 25 million as subscribers migrated to 5G. Total 4G subscriptions at around 5.2 billion, accounting for 60% of all mobile subscriptions.
- WCDMA/HSPA: Declined by 34 million, while GSM/EDGE-only subscriptions dropped by 41 million.
Mobile Network Traffic:
- Growth: Between Q2 2023 and Q2 2024, mobile network data traffic grew by 28 EB per month, reaching 151 EB per month, marking a 23% year-on-year growth rate.
- Quarter-on-quarter Growth: About 4% growth from Q1 2024 to Q2 2024.
- Drivers: Continued smartphone subscription growth, migration to 4G and 5G, and increased average data volume per subscription, fueled by data-intensive services like video.
- Traffic Levels: Show significant variation across markets, regions, and service providers.
Summary:
The Ericsson Mobility Report for Q2 2024 highlights robust growth in mobile subscriptions, particularly in 5G services, with China leading in net additions. Despite a slowdown in traffic growth rates, the number of net additions has steadily increased each quarter, reflecting ongoing adoption and evolution in mobile communications technology worldwide.
