India is expected to have 780 million voice over LTE (VoLTE) subscribers, while total smartphone subscriptions in the country will grow 2.5 times to cross 975 million by 2023.
The total mobile data traffic per month is also set to grow 11 times, from 1.3 Exabyte to 14 Exabyte by 2023, according to Ericsson’s Mobility Report earlier this week. The report indicates that the monthly data usage per smartphone (GB/month) will increase five times in the country, taking it from 3.9 GB in 2017 to 18 GB by 2023.
“We expect LTE to be the most dominant technology in India by 2023,” said Nitin Bansal, Head of Network Solutions for the Market Area South East Asia, Oceania and India for Ericsson.”
According to the report, total mobile data traffic per month is expected to grow 5 times during the forecast period from 1.9 EB to 10 EB during the same period. The monthly data usage per smartphone (GB/month) in India will increase from 5.7 GB in 2017 to 13.7 GB by 2023. India also saw the second highest number of net mobile subscription additions by country in the first quarter of 2018, with the addition of 16 million mobile subscriptions while China added 98 million new subscribers during the quarter.
Bansal also revealed that Internet of Things (IoT) is picking up in a significant way with cellular IoT connections in India set to reach 72 million by 2023 growing at a CAGR of 25 percent. Ericsson said that the forecast for cellular IoT connections has nearly doubled since November 2017. Globally, it is now expected to reach an estimated 3.5 billion in 2023 equating to nearly 20 percent of the world’s population. This is mainly attributed to China, given it ongoing large-scale deployments throughout the country.
New massive IoT cellular technologies such as NB-IoT and Cat-M1 are fuelling this growth, giving service providers opportunities to improve efficiencies and enhance customer value. Carriers have launched over 60 cellular IoT networks globally using these technologies over the same underlying LTE network to support a diverse range of use cases.
Ericsson forecasts over 1 billion 5G subscriptions for enhanced mobile broadband by the end of 2023, accounting for nearly 12 percent of all mobile subscriptions.