The sector has seen substantial growth in recent years, driven by increasing demand for mobile internet services and the expansion of 4G networks.
The Rise of Mobile Internet in India
The growth of mobile internet in India has been remarkable, with the number of mobile internet users increasing by 15.6% in 2023 compared to the previous year. This growth can be attributed to the increasing availability of affordable mobile devices and data plans, as well as the expansion of 4G networks across the country. Key statistics: + 936.16 million internet users in India by December 2023 + 85.69% telecom penetration rate + 15.6% increase in mobile internet users in 2023 compared to the previous year
The Expansion of 4G Networks
The expansion of 4G networks has played a significant role in driving the growth of the Indian telecommunications sector.
Mobile devices and wireless networks are transforming the telecommunications market.
This growth is largely attributed to the increasing adoption of 4G and 5G networks in rural areas. The growth of rural tele-density is expected to continue, driven by the expansion of mobile network operators’ coverage and the increasing availability of affordable data plans.
The Wireless Segment: A Dominant Force in the Telecommunications Market
The wireless segment has emerged as the dominant force in the telecommunications market, accounting for an astonishing 97.2% of total telephone subscriptions. This staggering figure is a testament to the widespread adoption of mobile devices and the convenience they offer.
The global 5G market is expected to reach US$ 1.4 trillion by 2026, with the Asia-Pacific region accounting for 40% of the total market share.
The Rise of 5G: A New Era for Mobile Communications
The world is witnessing a significant shift in the mobile communication landscape, with the advent of 5G technology. This new generation of wireless communication promises to revolutionize the way we live, work, and interact with each other.
The telecom sector is expected to reach $ 150 billion by 2025, with the number of mobile subscribers expected to reach 1.2 billion by 2025.
The Growing Demand for Skilled Telecom Professionals
The rapid expansion of the telecom sector in India has created a significant demand for skilled workers. With the increasing need for high-speed internet and mobile connectivity, the sector is witnessing a massive growth in IP traffic.
8 million subscribers in 2019 to 235.4 million in 2022, with a compound annual growth rate (CAGR) of 12.3%. This growth is attributed to the increasing demand for high-speed internet and the expansion of 5G networks.
The Rise of Broadband in the Digital Age
A Growing Demand for High-Speed Internet
The rapid growth of broadband subscribers can be attributed to the increasing demand for high-speed internet. With the proliferation of online services, streaming platforms, and social media, people are relying more on the internet for entertainment, education, and communication.
