Technology is gaining momentum and every day we see a new technology creating hype in the tech ecosystem. However, this trend has made it easier for us to understand that we are living in a digital world, as we can communicate with people across the globe through smartphones whenever we want. GSMA recently published a report titled “The Mobile Economy 2017”, which includes mobile industry overview, mobile technology driving innovation and growth, and rethinking regulations and policies for the digital age. This article is aimed to give our readers a broad overview of GSMA’s Mobile Economy Report 2017.
Mobile Subscribers Growth In Asia
- By the end of last year, two-thirds of the entire world’s population had a mobile subscription, which totaled 4.8 billion unique subscribers.
- We are witnessing a geographic shift since Asia Pacific region is expected to account for approximately two-thirds of the 860 million new subscribers globally by the end of 2020.
- By the end of this decade – almost three-quarters of the entire world’s population, i.e. 5.7 billion people, will subscribe to mobile services.
Pakistan Is Included In Top 10 Countries That Will Experience A Surge In New Subscribers
According to the report, the top ten countries will account for 72% of growth in new mobile subscribers across the world. To spice things up, India, which is already the second largest mobile market across the globe, will be the main reason for this growth as the country will add approximately 310 million new unique subscribers by the end of this decade followed by China, Indonesia, Bangladesh and Pakistan.
Moreover, Pakistan Telecommunication Authority (PTA) has reported that by the end of March 2017, the annual cellular subscribers in Pakistan was more than 139 million. Furthermore, according to the GSMA report, Pakistan is expected to have 17 million new unique subscribers by the end of this decade.
4G Services Are Increasing Mobile Broadband Adoption
There’s no doubt that the shift to mobile broadband networks and smartphones is increasing.
- Mobile broadband connections (both 3G and 4G services) accounted for almost 55% of the total connections in the previous year.
- 5G services are expected to cover approximately a third of total population across the globe by 2025, with adoption rate reaching to 1.1 billion connections.
Considering the fact that Pakistan is contributing its fair share in the increase of mobile subscribers globally, thus we can assume that the telecom sector of the country is doing a phenomenal job. In any case, those who are interested in reading the whole report of GSMA can read it here.