India to have 72 mn IoT and 780 mn VolTE subscriptions

India is planning to have 72 million IoT (Internet of Things) and 780 million VoLTE (Voice over LTE) subscriptions by 2023 says Ericsson Mobility Report 2018.

The total mobile data traffic per month in India is expected to grow 5 times during the forecast period from 1.9 EB to 10 EB by 2023. The report estimates that the monthly data usage per smartphone (GB/month) in India will increase from 5.7 GB in 2017 to 13.7 GB by 2023.

The total smartphone subscriptions in the country will grow 2.5 times to cross 975 million by 2023.

Nitin Bansal, Head of Network Solutions for the Market Area South east Asia, Oceania and India for Ericsson said, “LTE will account for more than 78 percent of the total subscriptions in the country by 2023 compared to the 20 percent LTE subscriptions in 2017. We also see IoT picking up in a big way with cellular IoT connections in India to reach 72 million by 2023 growing at a CAGR of 25 percent.”

India also saw the second highest number of net mobile subscription additions by country in Q1, 2018, with the addition of 16 million mobile subscriptions. The first quarter of 2018 saw the addition of 98 million new subscriptions, with China(+16 million), India, Indonesia (+6 million), Nigeria (+3 million) and Bangladesh (+2 million) leading the pack.

 

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