New Delhi: India is expected to have 1.2 billion smartphone connections by 2030, with half of the users using 5G smartphones, according to a new report.
The country’s 5G subscribers are expected to reach more than 641 million by 2030, an increase of 49%, according to global mobile network association GSMA.
GSMA Intelligence predicts that “India will see unprecedented growth in 5G mobile subscribers and explosive growth in data usage over the next six years.”
This tremendous increase in 5G subscribers will also lead to a significant increase in data consumption, forcing Indian telcos to make large investments.
Data consumption per subscriber is expected to grow at a CAGR of 15% from 2023 to 2029, reaching 68 GB per subscriber per month in India.
In the Asia-Pacific region, India and Indonesia are uniquely positioned to leverage digitalization to drive economic resilience, job creation and innovation.
According to the latest GSMA Mobile Economy Asia Pacific 2024 Report, India is expected to have 1.2 billion smartphone connections by 2030, while Indonesia is expected to reach 387 million connections by the same year. . ”
Additionally, mobile technologies and services generated 5.3% of GDP across the APAC region in 2023, contributing $880 billion in economic value and supporting approximately 13 million jobs across the region.
“India and Indonesia are not only the largest democracies in the APAC region. They are the future engines of digital and economic growth in the region. By fostering partnership and collaboration, we GSMA Director-General Mats Granrid said:
Meanwhile, the widespread use of 5G spectrum is likely to contribute around $27 billion to India’s gross domestic product (GDP) by 2030, according to a recent GSMA report.
The organization, which represents mobile networks around the world, said the upper 6GHz band must also be part of national frequency roadmaps.
The launch of 5G has emerged as a key catalyst for increased data usage.
