5G Now 34% Of All North American Cellular Connections, Driven By IoT Growth
telecompetitor, Thursday, September 26th, 2024
5G connections now make up just over one-third of all cellular connections, according to 5G Americas and Omdia. Internet of Things (IoT) subscriptions are thought to be a big part of the growth worldwide.
The firm said that North America added 23 million 5G connections during the second quarter 2024, which is an 11% quarter-over-quarter gain. There now are 242 million 5G connections, which amounts to 34% of all wireless connections.
The companies project that there will be 761 million 5G connections in North America by 2029.