Mobile Data Usage levels to Surge 8 Times by 2022: Report

Posted By: Religare
Subscribe to GoodReturns

A report has said that the total mobile data traffic is expected to grow at a CAGR of around 40 percent, from 1 EB of data consumption by the end of 2016 to almost 8 EB of data per month by 2022.

Mobile Data Usage levels to Surge 8 Times by 2022: Report

According to the Ericsson Mobility Report, June 2017, data usage levels are expected to increase from the current 4GB per smartphone per month to about 11 GB per smartphone per month in 2022, complemented by the fast-pace expansion of the smartphone industry in India.

Commenting on the issue, Nitin Bansal, Country Manager, Ericsson India told the media, "5G is a system that includes radio access, cloud, core and management systems: it interworks with LTE and uses network slicing technologies. Ericsson is making 5G innovation a reality, with the strongest global 5G portfolio to enable rapid growth, leading innovation with the best 5G platforms for the real world, and transforming to 5G successfully."

"Like the transitions to 2G and 3G, the move to 5G will add a new element- the industrial Internet. And, like the transition to 4G, it will be much higher performance than the previous generation. 5G will also enable organizations to move into new markets and build new revenue streams with radically new business models and use cases, including IoT applications," he added.

Read more about: data, traffic
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC

Get Latest News alerts from Goodreturns