5G Mobile Connections Will Cross the Milestone of 1.7 Billion in 2023

  • As of mid-July 2020, 93 commercial 5G networks went live across the world.
  • Global mobile 5G connections will dramatically increase to over 1.7 billion within five years since the initial roll-out in early 2019, and China alone is projected to make up roughly 47% of the total connections by the end of 2023.
  • In 2023, 5G penetration (the percentage share of total mobile connections) in US & Canada will reach over 50%, and Europe will see its 5G proportion at the average of 26%.

Since the early commercial launch of 5G mobile services in April 2019, the pioneer operators in developed telecom markets have been progressively promoting the wide-scale deployment and adoption of 5G networks. As of mid-July 2020, 93 commercial 5G networks are live across the world, mainly distributed in Europe, East Asia and Oceania, Middle East, and North America regions.

Exhibit 1: Europe, Asia & Pacific Have the Most 5G Live Networks

Counerpoint Europe, Asia & Pacific Have the Most 5G NetworksUnder the guidance of the “5G Action Plan”, European states showed clear ambition of getting ahead in the global race to 5G commercialization, with Elisa, Telia, Swisscom, Sunrise, Vodafone, TIM, and EE being in the first batch of operators rolling out 5G mobile services worldwide. By the end of 2020, all member states of the European Union are expected to have commercial 5G services, making Europe the home nearly half the live 5G live.

The East Asia and Oceania region is leading the growth of 5G mobile connections; in May 2020, the accumulated 5G connections in China and Korea surpassed 30 million and 6.8 million, respectively. According to Counterpoint’s Market Outlook service, global 5G connections will dramatically increase to over 1.7 billion within five years since the initial roll-out, and China alone is projected to make up roughly 47% of the total connections by the end of 2023.

Exhibit 2: China, North America, Western Europe will Experience Higher 5G Penetration

Counterpoint China, North America and Western Europe will Experience Higher 5G Penetration (more 5G connections)Until then, 5G penetration (the percentage share of total mobile connections) in US & Canada and China will reach over 50%. Europe will take on unbalanced development in each sub-market with 5G penetration reaching an average of 26%. India, as the second-largest smartphone market, is still transitioning to LTE, although Reliance Jio, with nearly 400 million subscribers, is expected to lead the 5G adventure in the nation and launch commercial services in 2021. 5G adoption, though, is likely to be limited to higher income groups, leading to a relatively low proportion of 5G connections by 2023.

So, 5G will outpace 4G LTE in terms of network deployment and connection growth during each initial roll-out period. 5G is also benefiting from a stronger ecosystem. Telecom equipment vendors had been playing a critical role in accelerating 5G progress. Huawei and Ericsson were awarded the most commercial 5G contracts, Nokia was a bit behind. But by adding open interfaces to its telecom equipment, Nokia is seeking leadership in the open RAN ecosystem. ZTE is still in fourth place, with contracts mainly from Asia Pacific, Europe, and the Middle East, while Samsung already became a key 5G equipment partner for operators in South Korea, and America.

Exhibit 3: Huawei, Ericsson Lead in Commercial 5G Contracts

Counterpoint Huawei, Ericsson Lead in Commercial 5G ContractsDespite the slow-down of 5G network construction in markets hit severely by the COVID-19 pandemic, primarily due to the constraints on construction activity, equipment and material supply, as well as the postponing of 5G spectrum auctions and standardization efforts, the development momentum of 5G is unlikely to be interrupted.

The pandemic has introduced significant impact to people’s lives. As people now spend more time at home, data traffic on operators’ networks increased significantly during the lockdown. Besides, the recent move towards physical distancing encourages industry players to exploit new opportunities like virtual meetings. At this point, the pandemic is likely to accelerate the 5G growth through the forecast period.

Senior Analyst Ethan is a Senior Analyst with Counterpoint Mobile and Semiconductors, dedicated to IoT, the wearable, Integrated Circuits and emerging technologies. Ethan had been working in the mobile phone and semiconductor industry for 10+ years. Prior to joining Counterpoint Research, Ethan served Coolpad, VIA and Intel sequentially as senior technology researcher and product manager respectively.

Term of Use and Privacy Policy

Counterpoint Technology Market Research Limited


In order to access Counterpoint Technology Market Research Limited (Company or We hereafter) Web sites, you may be asked to complete a registration form. You are required to provide contact information which is used to enhance the user experience and determine whether you are a paid subscriber or not.
Personal Information When you register on we ask you for personal information. We use this information to provide you with the best advice and highest-quality service as well as with offers that we think are relevant to you. We may also contact you regarding a Web site problem or other customer service-related issues. We do not sell, share or rent personal information about you collected on Company Web sites.

How to unsubscribe and Termination

You may request to terminate your account or unsubscribe to any email subscriptions or mailing lists at any time. In accessing and using this Website, User agrees to comply with all applicable laws and agrees not to take any action that would compromise the security or viability of this Website. The Company may terminate User’s access to this Website at any time for any reason. The terms hereunder regarding Accuracy of Information and Third Party Rights shall survive termination.

Website Content and Copyright

This Website is the property of Counterpoint and is protected by international copyright law and conventions. We grant users the right to access and use the Website, so long as such use is for internal information purposes, and User does not alter, copy, disseminate, redistribute or republish any content or feature of this Website. User acknowledges that access to and use of this Website is subject to these TERMS OF USE and any expanded access or use must be approved in writing by the Company.
– Passwords are for user’s individual use
– Passwords may not be shared with others
– Users may not store documents in shared folders.
– Users may not redistribute documents to non-users unless otherwise stated in their contract terms.

Changes or Updates to the Website

The Company reserves the right to change, update or discontinue any aspect of this Website at any time without notice. Your continued use of the Website after any such change constitutes your agreement to these TERMS OF USE, as modified.
Accuracy of Information: While the information contained on this Website has been obtained from sources believed to be reliable, We disclaims all warranties as to the accuracy, completeness or adequacy of such information. User assumes sole responsibility for the use it makes of this Website to achieve his/her intended results.

Third Party Links: This Website may contain links to other third party websites, which are provided as additional resources for the convenience of Users. We do not endorse, sponsor or accept any responsibility for these third party websites, User agrees to direct any concerns relating to these third party websites to the relevant website administrator.

Cookies and Tracking

We may monitor how you use our Web sites. It is used solely for purposes of enabling us to provide you with a personalized Web site experience.
This data may also be used in the aggregate, to identify appropriate product offerings and subscription plans.
Cookies may be set in order to identify you and determine your access privileges. Cookies are simply identifiers. You have the ability to delete cookie files from your hard disk drive.