5G 'Resilient' Against Downturn; 60% Growth Seen in '23: Juniper
Operator‑billed 5G service revenue will reach $315 billion next year, up 60% from $195 billion in 2022, reported Juniper Research Monday. Rising revenue will be driven by the continued migration of cellular subscribers to 5G as operators minimize or remove…
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premiums over 4G offerings, Juniper said. Despite economic challenges, Juniper forecasts more than 600 million new 5G subscriptions will be created in 2023. Growth of 5G will be “resilient against this economic downturn,” Juniper said, due to the “vital importance of mobile Internet connectivity today.” More than 80% of global operator‑billed revenue will be attributable to 5G connections by 2027, it said.