IOT Set to Overtake Mobile Phones as Largest Connectivity Market: Ericsson Mobility Report

IOT (Internet of Things) is set to overtake mobile phones as the super category of the connected device by 2018, according to the newest edition of the Ericsson Mobility Report.

Between 2015 and 2021, the amount of IOT connected devices is expected to grow 23% yearly, of which cellular IOT is projected to have the biggest growth rate. Of the 28bn total devices that will be related by 2021, close to 16bn will be IOT devices.

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Picture Courtesy: www.rcrwireless.com

Western Europe will manage the way in adding IOT connections. The estimate of IOT devices in this market is forecasted to grow 400% by 2021. This will mainly be driven by regulatory requirements, for model for intelligent utility meters, and a growing market for connected cars including the EU e-call directive to be executed in 2018.

Senior Vice President & Chief Strategy Officer, Ericsson, Rima Qureshi said: ‘ IOT is now accelerating as device prices fall and innovative applications emerge. From 2020, commercial deployment of 5G networks will give additional capacities that are critical for IOT, such as network slicing and the capability to connect exponentially more devices than is possible now.’

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Picture Courtesy: blog.icreon.us

Smartphone subscriptions remain to increase and are projected to surpass those for basic phones in Q3 this year.

By 2021, Smartphone subscriptions will double from 3.4bn to 6.3 bn. Also shown in the report, there are now 5bn mobile subscribers – unique users – in the world now, which is a testament to the remarkable growth of mobile technology in a short period of time.

According to a report, there is a dramatic change in teen viewing habits: use of cellular data for Smartphone video grew 127% in just 15 months of 2014-15.

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Picture Courtesy: iasaglobal.org

Over a period of 4 years from 2011-15 there has been a 50% drop in the time teens use watching TV, video and in contrast an 85% increase in those viewing TV or video on a Smartphone. The fact that the upcoming age of mobile users is the heaviest users of data for Smartphone video streaming using Wi-Fi or cellular data, Makes them the most important crowd for cellular operators to monitor.

A long-anticipated milestone is being passed in 2016 with commercial LTE networks supporting downlink top data speeds of 1 Gbps. Devices that support 1 Gbps are anticipated in the second half of 2016, initially in markets such as US, Japan, South Korea, and China, but rapidly reaching to other regions.

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Picture Courtesy: blog.beautheme.com

Mobile users will enjoy very fast time to content thanks to this enhanced technology, which will enable up to 2/3 faster download speeds compared with the fastest technology available now.

Other Highlights From The Report:

  • Mobile broadband subscriptions will expand fourfold in the Middle East and Africa between 2015 and 2021; mobile data traffic in India will increase 15 times by 2021; and despite being the most developed market, US mobile traffic will grow 50% in 2016 alone.
  • Global mobile data traffic grew 60% between Q1 2015 and Q1 2016, due to increasing amounts of Smartphone subscriptions and increasing data using per subscriber. By the end of 2021, around 90% of mobile data traffic will be from smartphones.
  • 5G is expected to start more soon than anticipated, and spectrum harmonization is required between nations planning early roll-outs. This is in addition to the current process for WRC-19, which concentrates on the spectrum for commercial 5G deployments beyond 2020.
  • There were 150mn new subscriptions during the quarter driven by demand for advanced user experience and high-speed networks, reaching a total of 1.2bn worldwide. LTE peak data speeds of 1 Gbps are supposed to be commercially possible in 2016.

Source Url: http://propertyfind.ae/iot-set-to-overtake-mobile-phones-as-largest-connectivity-market-ericsson-mobility-report/

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