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  • 01/09/2022

Key findings of Nokia MBiT 2022 report TELECOMLEAD NEWSLETTER

India has added 40 million 4G data subscribers in 2021. India has 765 million mobile broadband customers.98-99 percent of data consumption is on 4G network in India. Top 4G network operators in India are Reliance Jio, Bharti Airtel and Vodafone Idea (Vi).

Nokia annual Mobile Broadband Index (MBiT) report 2022 reveals that with the Compounded Annual Growth Rate (CAGR) of 53 percent over the last five years, India has one of the highest data usage in the world.

The data traffic increased by 31 percent in 2021, with average mobile data consumption touching 17GB per user per month. India’s growing 4G networks carried almost all mobile broadband traffic in 2021.

The report revealed that more than 40 million subscribers were added or upgraded to 4G services in 2021. This number will further grow as adaptation to digitization continues to grow. Metros have shown a significant increase in traffic as compared to the previous years.

The ecosystem of 4G devices is driving the growth in 4G subscribers and data consumption. India has recorded the highest-ever shipment of more than 160 million smartphones, including 30 million 5G devices in 2021, with active 4G capable devices crossing 80 percent and the number of active 5G capable devices, crossing 10 million.

The report forecasts that user adoption will increase to ~60-75 percent of the smartphone user base by the calendar year 2025. The massive uptake of mobile broadband and video content is projected in the rural segment on the back of growing smartphone adoption.

Key findings of Nokia MBiT 2022 report TELECOMLEAD NEWSLETTER

Nokia MBiT report projects that 5G services revenue is likely to grow at a CAGR of 164 percent in five years. The 5G technology is expected to contribute up to 1 percent of global GDP or $1.3 trillion in revenue by 2030, driven by innovative use cases in several sectors, including healthcare, utilities, next-generation media applications, manufacturing and smart cities.

Sanjay Malik, SVP & Head of India Market, at Nokia, said: “The upcoming 5G spectrum auction and the commercial launch of services later this year will help India bridge the digital divide and enable service providers to provide new and exciting use cases like Industry 4.0 and smart cities to fuel the digital economy.”

Other key findings of the Nokia MBiT 2022 report:

The shortform video segment can account for 20 percent of India’s digital ad market, estimated to reach $25-35 billion by the end of 2030.

Indian Gen Z spends an average of 8 hours per day online.

90 percent of internet users in India prefer to consume content in their local language

Key 5G use cases in India will be in the domains of innovation, digitization and innovation

India’s forecasted mobile broadband penetration is ~80 percent, with average usage of 40GB.