India to have 1bn mobile subscribers by 2020: Study
According
to a new study by GSMA, India is expected to have one billion
unique mobile subscribers by 2020, Driven by falling prices of devices and
network coverage improvement.
About:
According
to the report, ‘The Mobile Economy: India 2016’, at the end of June 2016, 616
million unique users had subscribed to mobile services in India, making it the
second-largest mobile market globally.
- Almost half the country’s population now subscribe
to a mobile service. Improving affordability, falling device prices and
better network coverage aided by operator investment will help deliver
over 330 million new unique subscribers by 2020, taking the penetration
rate to 68 per cent (up from 47 per cent in 2015).
- The GSMA counts as unique mobile subscriber an
individual, who may be using multiple mobile connections (SIMs).
- The reports states that the number of 3G/4G mobile
broadband connections is forecast to reach more than 670 million by 2020,
48 per cent of the total connection base.
- The number of 4G connections is forecast to grow
rapidly, growing from just 3 million at the end of 2015 to 280 million by
2020.
- In 2015, India’s mobile industry generated economic
value equivalent to 6.5 per cent of the country’s GDP, a contribution that
amounts to more than $140 billion (Rs.9 lakh crore). “The figure accounts
for both the direct economic activity generated by mobile operators and
the ecosystem of mobile industries in India. This contribution is expected
to grow to $210 billion (Rs.14 lakh core) by 2020.
Additionally,
it noted that mobile operators and the ecosystem provided direct employment to
approximately 2.2 million people in India as well as indirectly supporting 1.8
million additional jobs in other industries and sectors that benefit from the
activity of the mobile industry, particularly in the direct supply chain.
This
brings the total impact of the mobile industry to nearly 4 million jobs in
2015.