Global mobile subscriptions will reach 9.3 billion by 2019, and of those, 5.6 billion will be smartphone subscriptions, a new report by Ericsson said. Currently, there are 1.9 billion smartphone subscriptions, according to the data. Smartphones currently make up 25 to 30 per cent of mobile subscriptions, though they accounted for 55 per cent of all mobile phones sold in the third quarter, the Ericsson Mobility Report said. "The rapid pace of smartphone uptake has been phenomenal and is set to continue. It took more than five years to reach the first billion smartphone subscriptions, but it will take less than two to hit the 2 billion mark,” Douglas Gilstrap, senior vice-president and head of strategy at Ericsson, said in a release. Wireless networks are also set to grow, the report said, predicting that by 2019, 65 per cent of the world population will be covered by fourth-generation LTE networks, and 90 per cent by WCDMA/HSPA networks. In North America, 85 per cent of subscribers will be covered by LTE networks by 2019, up from around 20 per cent in 2013, Ericsson said.