By 2020, 90 percent of the world's population over 6 years old will have a mobile phone, and smartphone subscriptions are expected to top 6.1 billion
India and China show fastest growth for new mobile subscriptions with 18 million and 12 million net additions in Q3 2014
800 million new smartphone subscriptions in 2014 brings total to 2.7 billion worldwide
Mobile video traffic to increase tenfold and constitute 55 percent of all mobile data traffic by 2020
The latest edition of the Ericsson Mobility Report, a comprehensive update on mobile trends leveraging big data from live networks worldwide, launches today and reveals that proliferation of mobile technology continues at a rapid pace: 90 percent of the world's population over six years old is predicted to have a mobile phone by 2020. Furthermore, by 2020 smartphone subscriptions are forecast to top 6.1 billion.
Fastest growth for new mobile subscriptions was found in India and China, with 18 million and 12 million net additions, respectively, in Q3 2014.Rima Qureshi, Senior Vice President, Chief Strategy Officer and Head of M&A, Ericsson, says: "The falling cost of handsets, coupled with improved usability and increasing network coverage, are factors that are making mobile technology a global phenomenon that will soon be available to the vast majority of the world's population, regardless of age or location." "The Ericsson Mobility Report shows that in 2020 the world will be connected like never before," Qureshi added.