The latest November 2024 edition of the Ericsson Mobility Report forecasts that total mobile subscriptions in sub-Saharan Africa will grow at an annual rate of 4%, increasing from 950 million in 2023 to 1.2 billion by 2030.
The strongest growth will come from 5G subscriptions, which are forecasted to rise from 11 million in 2023 to 420 million by the end of the decade at a rate of 59% annually, representing 33% of total subscriptions. Driving forces behind growth in the region include a young population, the accessibility of affordable smartphones, and a rising demand for mobile data and advanced services.
By 2030, 4G subscriptions will account for 35% of total mobile subscriptions, with 2G and 3G subscriptions expected to decline as the shift to 4G and 5G networks continues.
The telecom sector in sub-Saharan Africa remains resilient, with communications service providers (CSPs) in the region diversifying into financial technology, particularly mobile money services, and Fixed Wireless Access (FWA).
“Driven by a young and dynamic population, the increasing affordability of smartphones, and the growing demand for mobile data and advanced services, the November 2024 edition of the Ericsson Mobility Report highlights the significant growth potential of mobile subscriptions in sub Saharan Africa by 2030,” said Ante Mihovilovic, Vice President and Head of Networks at Ericsson Middle East and Africa. “With 5G subscriptions forecasted to rise by 59 percent annually by the end of the decade, the region will make notable strides in connectivity and digital transformation, continuing the diversification into financial technology, particularly mobile money services, and Fixed Wireless Access. Aligning with our #AfricaInMotion vision to empower a sustainable and connected Africa.
