Thursday, Apr 25 2024 | Time 21:51 Hrs(IST)
image
Business EconomyPosted at: Jun 20 2019 6:32PM


India has the highest data usage per smartphone: Ericsson report

New Delhi, Jun 20 (UNI) India has the highest average data usage per smartphone, reaching 9.8 gigabytes (GB) per month at the end of 2018.
According to Ericsson Mobility Report, increased numbers of LTE subscriptions, attractive data plans being offered by service providers, and young people's changing video viewing habits have driven monthly usage growth.
It also stated that India smartphone users willing to pay more than 66 percent premium for 5G services.
The report also predicts that the total mobile data traffic per month in India is expected to increase at a CAGR of 23 percent from 4.6 exabytes (EB) in 2018 to 16 EB by 2024.
"The total smartphone subscriptions in the region will reach 1.1 billion by 2024 growing at 11 percent CAGR, whereas the total mobile broadband subscriptions in India are expected to grow at CAGR of 13 percent from about 610 million in 2018 to 1.25 billion in 2024. Mobile broadband technologies now make up more than 50 percent of subscriptions," the report stated.
As the evolution towards more advanced technologies continues in India, Long Term Evolution (LTE) is forecast to represent 82 percent of mobile subscriptions by the end of 2024 compared to 38 percent in 2018.
The LTE subscriptions in India are expected to grow at a CAGR of 17 percent from 450 million in 2018 to 1.16 Billion in 2024. Video will continue to drive data usage and we see monthly data usage per smartphone increasing from 9.8 GB in 2018 to 18 GB by 2024 growing at 11 percent CAGR.
"Mobile video traffic is fueling the total data traffic as users are spending more time streaming and sharing video. This is expected to continue, as video is embedded in all types of online content. In addition, surveys of smartphone users worldwide indicate that they expect 5G to bring the network performance needed for immersive media formats and applications," the Ericsson report said.
Streaming 360-degree video and augmented/virtual reality should start to be a significant factor in mobile traffic growth while enhancing user experience as 5G is rolled out, and compatible devices are successively introduced.
Nitin Bansal, Head of Ericsson India and Head of Network Solutions, South East Asia, Oceania and India says, “LTE will remain the most dominant access technology in the region up to 2024 even as 5G subscriptions are expected to grow during this period. Based on the latest Consumer Lab study done by Ericsson, we have found that Indian smartphone users are willing to pay more than 66 percent premium for 5G services. In fact, more than half of smartphone users in India expect their own provider to switch to 5G or will wait a maximum of six months before moving to another provider that does.”
UNI DJK SHK1832
Please log in to get detailed story.
Tags: #India has the highest data usage per smartphone: Ericsson report
More News

Arun Alagappan appointed as Executive Chairman of Coromandel International

25 Apr 2024 | 7:41 PM

Hyderabad, April 25 (UNI) Arun Alagappan has been appointed as Executive Chairman of Coromandel International Limited (CIL).

see more..

Tech Mahindra net at Rs 661 crore in Q4; Company gives dividend of Rs 28 per share

25 Apr 2024 | 7:28 PM

New Delhi, April 25 (UNI) Mahindra Group company Tech Mahindra, a technology consulting and digital solutions provider, on Thursday reported about 41 per cent decline in net profit at Rs 661 crore year-on-year basis for the fourth quarter ended March 31, 2024.

see more..

Kottayam-Kochi Rubber Market Rates

25 Apr 2024 | 7:26 PM

Kottayam, April 25 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal.

see more..
Indusind Bank net up 15 pc in Q4

Indusind Bank net up 15 pc in Q4

25 Apr 2024 | 7:10 PM

New Delhi, April 25 (UNI) Leading private bank Indusind on Thursday reported a 15 percent jump in net profit at Rs 2,349 crore in Q4 of FY 2023–24, compared to Rs 2,043 crore in the same quarter in 2022–23.

see more..

25 Apr 2024 | 6:53 PM

New Delhi, April 25 (UNI) Leading private bank Indusind on Thursday reported 15 percent jump in net profit at Rs 2,349 crore in Q4 of FY 2023-24 compared to Rs 2,043 crore in the same quarter in 2022-23.

see more..
image