Close
Close

Published

Smart home and IoT figure strongly in Ericsson and Cisco forecasts

Ericsson and Cisco have both recently published their visions of the future, and both have good things to say about the IoT. Ericsson’s Mobility Report, available here, reckons there will be 1.5bn 5G subscriptions by 2024, with 5G networks reaching 40% population coverage in that time. Ericsson says 5G will achieve global scale far more quickly than earlier generations too. The report also says that there are currently 7.9bn cellular subscriptions, 3.3bn of which are LTE (about 41.7% penetration). In 2024, Ericsson says that the 1.5bn 5G subs will be 17% of total cellular subscriptions, meaning that the global total would be 8.82bn – still less than one per person in the world, according to most projections. Ericsson says that 5G…

Close