Cisco : Mobile users in India to Grow to 990 Million by 2020

According to a report by networking company Cisco, the number of mobile users in India is projected to grow at a CAGR of 4.4% to 990.2 million, covering about 71% of the country’s population by 2020 from 798.4 million last year.

The report also says that mobile data traffic generated is forecast to grow 12-fold to reach 1.7 exabytes per month by 2020 while there was 148.9 petabytes per month in 2015, driven by availability of cheaper smartphones and affordable data tariffs.

Cisco Vice President Service Provider Marketing Doug Webster said “With the ever-increasing billions of people and things that are being connected, mobility is the predominant medium that’s enabling today’s global digitisation transformation.”

Upcoming mobile innovations in cellular like 5G and Wi-Fi solutions will be needed to further address new scale requirements, security concerns, and user demands, he added.

The report said 4G connections in India are expected to grow at a compound annual growth rate (CAGR) of 144% in 2015-2020, accounting for 26.2% of the total mobile connections by 2020. However, the 3G connections are anticipated to be 52.6% of the total mobile connections by 2020 compared to 15.7% in 2015.

India is currently the second largest smartphone market in the world after China which is currently ahead of India. Many smartphone manufacturers companies have started selling their devices in Indian market over the last couple of years and a number of them started manufacturing them in that Asian country as well.