The global mobile data traffic market is anticipated to grow at a CAGR of 6.8% during the forecast period. The growth of the market is attributed to the increased consumption of data owing to the proliferation of mobile and internet services across the globe. According to the 50th Statistical Report on China’s Internet Development, in the first half of 2022, China’s mobile internet access traffic reached 124.1 billion GB, a year-on-year increase of 20.2%. The mobile phone subscriber base grew steadily, with the 5G mobile phone subscriber base expanding rapidly. As of June 2022, the total number of mobile phone subscribers to the three basic telecommunications operators reached 1.7 billion, a net increase of 25.52 million compared with December 2021. Among them, 5G mobile phone users reached 455 million, a net increase of 101 million compared with December 2021, accounting for 27.3% of mobile phone users, up 5.7 percentage points in six months. Also, the telecom industry has been witnessing a surge in data traffic owing to the increased consumption of internet services on mobile. For instance, In 2021, Deutsche Telekom’s mobile network carried 1.83 billion gigabytes of data. That’s around 230 million gigabytes more than one year ago. Total mobile network data traffic grew nine-fold between 2015 and 2021. Also, Deutsche Telekom expects to see an annual growth rate of 30 to 40 percent.
Get Free Sample link @ https://www.omrglobal.com/request-sample/mobile-data-traffic-market
Further, in April 2023, as per the report by Reliance Industries Ltd., Reliance Jio users in India consumed more than 30 billion gigabytes (GB) of data in Q4 2022–23. The company’s 439.3 million subscribers used an average of 23 GB a month each during this period. As per the company, the increase in data traffic was due to continued wireless subscriber additions and proliferation of wireline services.
Full report of Mobile Data Traffic Market available @ https://www.omrglobal.com/industry-reports/mobile-data-traffic-market
Market Coverage
- Segment Covered-
o By Type
o By End-use
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- including HYUNDAI Steel, Nippon Steel Corp., SAIL (Steel Authority Of India), Tata Steel, United States Steel, JSW, SMS Group GmbH, and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Mobile Data Traffic Market Report Segment
By Type
- Video
- Audio
- Others
By End-use
- Consumer/Residential
- Business
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/mobile-data-traffic-market
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
