5G To Support More Than 10% of Global Mobile Connections by 2023

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Cisco, global technology leader, has released a new annual Internet report which assesses digital transformation and provides information on the growth of internet users, devices, connections and new application requirements. The Cisco Annual Internet Report covers mobile, Wi-Fi and fixed broadband and relevant trends over a five-year forecast period of 2018 through 2023.

This report reveals that5G will support more than 10% of the world’s mobile connections by 2023. The average 5G speed will be 575 megabits per second or 13 times faster than the average mobile connection. With advanced performance capabilities, 5G will deliver more dynamic mobile infrastructures forAI and emerging IoT applications including autonomous cars, smart cities, connected health, immersive video and more. Also, Global Wi-Fi6 hotspots will grow 13-fold from 2020 to 2023 and will be 11% of all public Wi-Fi hotspots.

The internet report further reveals that by 2023 there would be an increase in global mobile and internet users projection. More than 70 percent of the global population (5.7 billion people) will have mobile connectivity (2G, 3G, 4G or 5G). There would be an increase in global devices and connections projections, there will be 3.6 networked devices/connections per person and nearly 10 devices and connections per household. Also, global Wi-Fi hotspots will grow four-fold from 2018 to 2023 and there will be nearly 628 million global public Wi-Fi hotspots, up from 169 million in 2018. Global network performance projections will triple from 13 Mbps (2018) to 44 Mbps (2023).

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Commenting on the release of the annual internet report, Senior Vice President and Chief Technology Officer at Cisco, Roland Acra said  “What we are seeing from our research is a continuous rise in internet users, devices, connections, and more demand on the network than we could have imagined,  The insights and knowledge gained by our Annual Internet Report are helping global businesses, governments and service providers prepare and secure networks for the ongoing growth in connections and applications. Strategic planning and partnerships will be essential for all organizations to capitalize on their technology innovations and investments.”

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For the past 50 years, each decade introduced a new mobile technology with cutting-edge innovations. Mobile bandwidth requirements have evolved from voice calls and texting to ultra-high-definition (UHD) video and a variety of augmented reality/virtual reality (AR/VR) applications. Consumers and business users worldwide continue to create new demands and expectations for mobile networking. This ongoing trend is clearly highlighted by the adoption and use of mobile applications. Social networking, video streaming and downloads, business productivity, e-commerce and gaming will drive the continued growth of mobile applications with nearly 300 billion downloaded by 2023.

Over the years, Cisco continues to help society securely connect and seize tomorrow’s digital opportunity today by providing credible industry metrics for internet growth to businesses national governments, network regulators, academic researchers, telecommunications companies, technology experts and industry/business press and analysts around the globe.

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5G To Support More Than 10% of Global Mobile Connections by 2023 - Brand Spur5G To Support More Than 10% of Global Mobile Connections by 2023 - Brand Spur

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5G To Support More Than 10% of Global Mobile Connections by 2023 - Brand Spur5G To Support More Than 10% of Global Mobile Connections by 2023 - Brand Spur

Latest News

Chubb launches “Chubb LifeBalance” in Korea, a 360 degree personalised Health and Well-being App

SEOUL, SOUTH KOREA - Media OutReach - 12 April 2021 - Chubb today announced its release of "Chubb LifeBalance" in Korea, a digital health and well-being application that encourages people to incorporate healthy routines into their lifestyle.


5G To Support More Than 10% of Global Mobile Connections by 2023 - Brand Spur


Chubb LifeBalance comprehensively assesses the lifestyle of users and provides a holistic view of health to help them to objectively measure and manage their own health condition.


Once users set their personal goals within the app, such as walking 5,000 steps a day, reducing snack consumption, and establishing a meditation and/or sleep routine etc., the coaching functionality starts to monitor and encourage the users to achieve their goals.


Chubb LifeBalance tracks and records over 115 different activities—including yoga, swimming, boxing, and meditation, and lets users invite their friends and family to join challenges and compete in these activities together. It connects with a full range of health devices and other apps such as Fitbit, Strava and Garmin.


Based on over 2,500 clinical papers and years of clinical data collected from over 300 million people, reputable teams from the Massachusetts Institute of Technology (MIT) USA participated in building a credible health score system behind the app so that users can effectively monitor their overall health and well-being.


The health points, based on activities and goal achievements set on the app, can be exchanged for mobile vouchers at various coffee shops, gas stations, and grocery stores to enjoy varied benefits. These are only available as exclusive incentives to existing Chubb customers.


Edward Ler, Country President of Chubb's general insurance business in Korea said, "Chubb LifeBalance was created to offer more advanced and personalized health and well-being services for the customers in Korea who lead busy lifestyles. We believe Chubb LifeBalance will help our customers strive towards a sustainable and balanced lifestyle."


The app is currently available on the Google Play Store and Apple App Store.


About Chubb

Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs more than 30,000 people worldwide. Additional information can be found at: www.chubb.com.


5G To Support More Than 10% of Global Mobile Connections by 2023 - Brand Spur
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