Business Wire

New GSMA Study Projects Almost One Billion Mobile Subscribers in India by 2020

Del

India is expected to see a significant uptake in mobile subscriptions, broadband and connectivity by 2020, marking a period of rapid development of the country’s mobile economy, according to a new GSMA Intelligence study published today. The new report, ‘The Mobile Economy: India 2016’, noted that at the end of June 2016, 616 million unique users had subscribed to mobile services in India, making it the second-largest mobile market globally, with almost one billion unique mobile subscribers1 expected by 2020. India also overtook the United States in 2016 to become the world’s second-largest smartphone market with an installed base of 275 million devices.

The report forecasts that improving affordability, falling device prices and operator investments in network coverage and quality will help deliver an additional 330 million unique subscribers in India by 2020, lifting the country’s penetration rate to 68 per cent of the population (up from 47 per cent in 2015). India is also seeing an ongoing technology shift to mobile broadband services; the number of 3G/4G mobile broadband connections2 is forecast to reach more than 670 million by 2020, 48 per cent of the total connection base.

There will also be an accelerating move to 4G over this period. The number of 4G connections is forecast to grow rapidly, growing from just 3 million at the end of 2015 to 280 million by 2020. In addition, the industry is set to invest heavily, with operator CAPEX growing to $34 billion (INR2.3 lakh crore) for the period 2016 to 2020.

“With this report, all signs point to a period of tremendous growth for India’s mobile economy, which will strongly support and enable the government’s ‘Digital India’ initiative aimed at providing broadband connectivity to all,” said Mats Granryd, Director General, GSMA. “To fully realise India’s tremendous market potential, review and reform in key areas, including modernising regulation and long-term planning for spectrum allocation, would accelerate mobile broadband access and adoption across the country.”

Reforming Regulation to Accelerate Mobile Broadband Adoption

According to the report, with the convergence of technologies and services and the emergence of internet players, India will benefit by modernising regulation to the realities of this new digital ecosystem by thoroughly reviewing the current licensing framework and removing outdated and ineffective regulations. In addition, without sufficient spectrum, mobile services will struggle to meet demand and networks unable to deliver a satisfactory internet experience. The government should continue to free up identified available spectrum for mobile broadband growth.

Mobile to Drive Socioeconomic Growth

In 2015, India’s mobile industry generated economic value equivalent to 6.5 per cent of the country’s GDP3, a contribution that amounts to more than $140 billion (INR9 lakh crore). The figure accounts for both the direct economic activity generated by mobile operators and the ecosystem of mobile industries in India. This contribution is expected to grow to $210 billion (INR14 lakh core) by 2020.

Mobile operators and the ecosystem provided direct employment to approximately 2.2 million people in India, as well as indirectly supporting 1.8 million additional jobs in other industries and sectors that benefit from the activity of the mobile industry, particularly in the direct supply chain. This brings the total impact of the mobile industry to nearly 4 million jobs in 2015.

Delivering Digital India through Mobile Broadband

Mobile will play a pivotal role in delivering the government’s Digital India vision. As the dominant platform for internet access, given the lack of fixed line infrastructure, high levels of mobile ownership and significant operator investment, mobile has the potential to advance financial access, improve information, and raise productivity throughout India’s economy.

As of mid-2016, around 430 million people had access to mobile internet services, a figure that will increase to almost 670 million by 2020, or about half the population. This still lags the regional average of 63 per cent penetration, and the survey found that lack of awareness and locally relevant content are the biggest barriers to internet usage. Financial inclusion is also growing in India. Around 65 per cent of Indian adults have an account with a financial institution, and there is significant room to increase adoption of financial services through mobile technology.

Mobile is already the main platform for internet access in India and has brought connectivity to many previously unconnected populations. Digital inclusion can extend various economic and social benefits to previously unconnected populations, fuelling a virtuous circle that reduces poverty, improves infrastructure and services, and further increases internet access and usage,” continued Granryd.

To download the new report ‘The Mobile Economy: India 2016’ please visit:

http://www.gsma.com/mobileeconomy/india/

-ENDS-

About the GSMA

The GSMA represents the interests of mobile operators worldwide, uniting nearly 800 operators with almost 300 companies in the broader mobile ecosystem, including handset and device makers, software companies, equipment providers and internet companies, as well as organisations in adjacent industry sectors. The GSMA also produces industry-leading events such as Mobile World Congress, Mobile World Congress Shanghai and the Mobile 360 Series conferences.

For more information, please visit the GSMA corporate website at www.gsma.com. Follow the GSMA on Twitter: @GSMA.

1 A unique mobile subscriber represents an individual that can account for multiple mobile connections (SIM cards)

2 Connections defA mobile connection refers to an active SIM card registered with a mobile network, excluding M2M connections. The total number of mobile connections in India reached 1 billion in 2015 and is forecast to rise to 1.4 billion by 2020

3 GDP total includes direct contribution from mobile ecosystem (1.8%);indirect impact (0.4%); and productivity impact (4.3%)

Contact information

Media Contacts:
Kaushik Kashyap
+91 11 40501200 Ext 116
KKashyap@webershandwick.com
or
GSMA Press Office
pressoffice@gsma.com

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Sigma Systems CTO Catherine Michel to Speak at Women in Communications Event24.10.2017 09:00Pressemelding

Sigma Systems, the global leader in catalog-driven software, has confirmed today that its Chief Technology Officer, Catherine Michel, will be speaking at Light Reading’s Women in Comms luncheon to be held November 1st in London. The event will take place during Light Reading’s OSS in the Era of SDN and NFV conference. Speakers include the editors of Light Reading and analysts of Heavy Reading, alongside industry guest speakers including Sigma’s Catherine Michel. This event brings together leading women in communications and their male allies to discuss everything related to the state of the industry today, including why diversity in the workplace matters, and why companies should care about the disparity in representation and pay of female employees. Earlier this year, Catherine was named to the top 50 Women to Watch 2017 and the Power 100 by Global Telecoms Business - the o

GSMA Mobile IoT Initiative Helping Operators Target European Connected Energy Market Worth USD$26 Billion24.10.2017 08:00Pressemelding

The GSMA today announced that mobile operators deploying new Mobile IoT networks will be able to benefit from the European connected energy market estimated to be worth USD$26 billion by 20261. Data shared by analyst house Machina Research highlights the huge growth opportunity in the emerging connected energy market that could connect approximately 158 million new smart meters on LPWA networks across Europe. The total number of connections in Europe could be further increased if the 60 million cellular connections are also included with LPWA. “The Internet of Things is fundamentally disrupting the smart utility market by providing ubiquitous connectivity and real-time, actionable data. Mobile IoT networks will take this further by offering energy providers a cost-effective solution to connect millions of smart meters,” said Alex Sinclair, Chief Technology Officer, GSMA. “There is a

RevolutionAir: Philips Launches a Brand-New Wireless SpeechMike Premium Air24.10.2017 07:02Pressemelding

Speech Processing Solutions, the world’s number one in professional dictation, has just released its latest innovation, the wireless SpeechMike Premium Air dictation microphone. For the first time in history, the new device offers not only outstanding audio recording quality, enabling exceptional speech recognition results, best in class quality and ergonomics, but also a wireless dictation microphone, based on 100% lossless speech technology. The dictation microphone allows users to quickly turn their voice into text, saving them time and making them more effective at their core profession. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171024005093/en/ Philips SpeechMike Premium Air (Photo: Business Wire) Lossless speech technology The high-quality device deliver

Philip Morris International Recognized for Environmental Leadership on CDP’s A List for Climate and Water24.10.2017 07:00Pressemelding

Philip Morris International Inc. (“PMI”) (NYSE/Euronext Paris: PM) today was again recognized as a global leader for environmental action in the annual CDP rankings. For the fourth year in a row, PMI is on the CDP Climate A List for taking comprehensive action on climate change and for its transparent disclosure process. In addition, PMI achieved A List status for CDP Water, recognizing the company’s water stewardship initiatives. PMI is one of only 25 companies that scored an A for both climate and water, placing the company in the top 1% of corporations known as the “A Listers” for both schemes. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171024005711/en/ CDP, formerly known as the Carbon Disclosure Project, is the leading international not-for-profit organization independently assessing the environmental efforts of t

QVC Makes the Leap into Ultra HD in Germany with SES Video24.10.2017 06:50Pressemelding

QVC will bring an enhanced TV experience to its viewers with the launch of its Ultra HD channel in Germany, the seventh channel in ultra-high definition in the country, via SES’s prime orbital slot 19.2 degrees East. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171023005870/en/ QVC Makes the Leap into Ultra HD in Germany with SES Video (Photo: Business Wire) Under the ten-year agreement announced by SES, QVC will utilize additional capacity for its upgrade to Ultra HD and rely on SES’s wholly-owned subsidiary MX1 for encoding in HEVC format and uplink services. QVC is also renewing capacity for distribution of the channel in Standard and High Definition. “As we carry the largest line-up of HD and UHD channels worldwide, it is part of our DNA to help our customers bring the best pos

Visa Launches Foundation With Inaugural Grant to Women’s World Banking24.10.2017 06:30Pressemelding

Visa (NYSE:V) today marked the launch of the newly-incorporated Visa Foundation, which has been established as part of Visa’s larger social impact strategy that will prioritize the growth of micro and small enterprises around the world, enabling individuals, businesses, and economies to thrive. To mark its inception, the Visa Foundation is making its first financial commitment of up to $20 million to Women’s World Banking. At the heart of the Visa Foundation is the belief that micro and small enterprises are the backbone of the global economy. In fact, small and medium enterprises account for more than 90 percent of enterprises worldwide, and contribute 50-60 percent of global employment.1 However, these segments struggle to access the financial tools, capital and training programs required to enable them to fully thrive. The Visa Foundation’s core mission is to support efforts to rect

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom