5 billion people now connected to mobile networks worldwide —GSMA

0
669

by Bode Adewumi

Groupe Speciale Mobile Association (GSMA) has published its second annual ‘Global Mobile Trends’ report, which provides exclusive data and analysis on the key trends shaping the future of the mobile ecosystem.

According to the report, five billion people are now connected to mobile networks, representing two-thirds of the world’s population. However, the report states that, growth is slowing; that it took four years to move from 4 billion to 5 billion subscribers and connecting the next billion will take longer still. Meanwhile, smartphone and mobile broadband growth is driving mobile internet usage and engagement and new form factors are emerging beyond the smartphone, the report stated.

Published at Mobile World Congress Americas held in San Francisco last week, the 2017 edition of this flagship report series compiles data on mobile subscriber growth trends across both developed and emerging markets, plus insight on: device innovation beyond the smartphone; the evolution from 4G to 5G networks; industry financial performance and growth outlook; competition and convergence; and statistics for every region worldwide.

“Our latest Global Mobile Trends report provides a comprehensive view of the opportunities and challenges facing the mobile industry as we move into a new era of ubiquitous connectivity,” said Mr Laxmi Akkaraju, Chief Strategy Officer at the GSMA.

“Built on best-in-class GSMA Intelligence data and produced by our in-house team of industry analysts, today’s report maps out how future networks and operator business models are evolving within a rapidly shifting industry landscape,” he added.

It added that industry excitement around 5G overlooks the fact that 4G still has plenty of headroom for future growth. 4G, according to the report, is forecast to account for two-thirds of global mobile connections by 2025 (up from around a quarter today), driven by increasing 4G adoption over this period in major emerging markets such as Brazil, India and Indonesia.Tribuneonline

SHARE
Previous articleMichael Bloomberg inaugurates Aliko Dangote, Others into its first Global Business Forum with a line up of global innovators
Next articleDangote Cement Founder Ups Ante for PPC With Cash, Share Offer
Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.