There is a steady growth in the number of mobile users in India. In fact, the country is forecast to reach a billion smartphone users by 2026. Urban consumers are currently the largest segment, but rural users are also growing at a healthy rate. In the next five years, the urban smartphone user market is projected to grow at a CAGR of 2.5% and rural users at a CAGR of 6%. The launch of 5G services in India is expected to further drive the growth of the smartphone market in the country.
Mobile service consumers in india
The mobile telecommunications system in India is expected to have more than 1151.8 million subscribers by the end of 2020. The country has liberalized the telecom industry and a number of private operators entered the market. At the start of the 2000s, GSM and CDMA were the dominant technologies, accounting for 80% of the mobile subscriber base. However, the number may rise considerably if fixed wireless network issues are resolved.
The introduction of UPI-based mobile payments is helping to drive digital financial inclusion in rural areas. As a result, analysts estimate that the increased price of mobile services will only have a limited impact on the active user base. However, there are several other factors that will influence the mobile market. For example, the government has already reduced licence fees and allowed foreign ownership of cellular service providers to 74%. This has led to the sale of nearly 32 million handsets in India.
The growth in mobile data consumption and subscribers in India is expected to continue to accelerate. By 2021, mobile data will account for 31% of the country’s total data traffic. Meanwhile, India will have more than 40 million 4G subscribers. It is expected that the country will continue to digitize and add more subscribers to its 4G networks.
Growth of smartphone subscriptions in india
Smartphone subscriptions in India are on the rise, and the growth rate is accelerating. The country has 1.2 billion mobile phone users, and 750 million of them own smartphones. With a penetration rate of 94 per cent, India is one of the largest mobile markets in the world. And it’s not just consumers who are benefiting from the growing smartphone market.
The smartphone market in India is still dominated by Nokia and Blackberry, but Chinese brands are making their presence felt. Xiaomi currently holds the top spot with a 28% share, followed by Samsung at 18%. Other notable players include Micromax and Intex. The Reliance brand is also preparing to launch its own android smartphone.
In India, average monthly mobile data usage continues to grow robustly, largely due to the introduction of 4G networks, low prices for mobile broadband services, and lower-cost smartphones. Subscriptions to smartphones are predicted to increase to 620 million in 2019, and one billion by 2025. LTE remains the dominant technology, accounting for 49% of all mobile subscriptions in India.
Growth of mobile internet users in india
India is the second largest digital consumer market in the world, with 560 million internet subscribers as of 2018. Indian mobile users consume eight gigabits of data a month – about two gigabits more than Chinese or South Korean mobile internet users. The country has 1.2 billion mobile phone subscriptions, and its internet users downloaded 12 billion apps in 2018.
The number of mobile users in India is increasing exponentially. Over the next five years, the country will have nearly a billion mobile Internet users. By 2023, Indian internet users will be using 2.2 times more data than they are today. By 2023, India is projected to have two billion networked devices, including smartphones, tablets, and connected TVs.
According to Cisco’s annual report, there will be nearly 900 million active internet users in India. This number could rise even higher, as many rural areas have higher rates of adoption than urban areas. However, the growth rate of active internet users in India has slowed over the years. In fact, the growth rate has been at its lowest level in the past four years. This may be because of lockdown in several states and districts, making it difficult for consumers to recharge their devices and acquire fresh connections.
Cost of mobile data in india
The Cost of mobile data in India has been relatively low for the past several months, but that trend will soon change. The current prices for 4G data are likely to double or triple, and telecom companies are asking the government to set a minimum price for data. In the meantime, the prices for 3G and 2G data are likely to stay at low levels.
In the last few years, India’s mobile users have been able to take advantage of the world’s cheapest mobile data rates. Currently, 4G data is priced at around Rs 3.5 per GB. But telecom operators are calling for a ‘floor price’ that will push mobile internet prices by five to ten times. In order to prevent the price hike, debt-ridden companies Vodafone Idea and Bharti Airtel want to charge at least Rs 35 per GB for customers who only use limited amounts of data. Meanwhile, Reliance Jio wants to price its data at Rs 20 per GB.
While data prices in India are lower than anywhere else, that is likely to change over time. Two years ago, it cost INR 89 for a GB of data. Now, it costs around INR 150 for the same amount. The big operators competed for new customers, making prices even lower.