4G Connections Passed Billion Mark Worldwide: GSMA

According to the GSMA, the number of 4G mobile connections worldwide has conceded the one billion mark. On the inaugural day of Mobile World Congress 2016 in Barcelona, the GSMA revealed the recent issue of its Mobile Economy report.

4G Connections Passed Billion Mark Worldwide: GSMA

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It indicated a main shift towards 3G and 4G mobile broadband networks in developed and emergent markets, with a synchronized acceleration in digital innovation, smartphone take-up and data usage, Business Wire stated.

It intended that the mobile industry was almost worth $3.1tn to the world economy and represented 4.2% of worldwide gross domestic product in 2015. This is projected to rise to $3.7tn by 2020, with 32 million jobs directly and indirectly supported, increasing to 36 million.

In 2016, the industry will subsidize $430 bln in public funding based current levels of taxation. This is anticipated to increase nto $480 bln at the end of the decade, eliminating spectrum licence fees, which will add another $90 bln.

“The unprecedented growth in mobile broadband in 2015 is testament to the billions of dollars that mobile operators have invested in next-generation networks, services and spectrum in recent years.”

Said GSMA director general Mats Granryd.

“Mobile is the most ubiquitous platform for people and businesses to connect and innovate in today’s digital economy. The number of 4G connections doubled in 2015, there are 451 live 4G networks running in 151 countries, half of them in emerging markets.”

Report stated.

The GSMA indicated that better access and smartphone adoption was generating explosion in data usage. Volume is likely to show a compound annual growth rate (CAGR) of 49% through to 2021, hitting 40 exabytes per calendar month by 2020.

The report also stated that there were 4.7 billion unique mobile subscribers around the world or 63% of the total human population, which will increase to 70% by 2020.

Also Read: GSMA & Mobilink Organizes an Event on Digital Societies Making Commerce Smarter

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