5G will grow quickly in next three years, says Cisco report

SAN JOSE and TORONTO — Cisco predicts in its latest Annual Internet Report that 5G will support more than 10% of global mobile connections by 2023, with average 5G speeds reaching 575 Mbps by that time. Overall, global mobile users will total 5.7 billion by 2023 (roughly 71% of the global population), up from 5.1 billion in 2018. Global mobile connections will total 13.1 billion by 2023, up from 8.8 billion in 2018. According to Cisco’s report, approximately 10.6% of these mobile connections will be supported by 5G by 2023. Looking at the North American market, Cisco says 17% of...