India is going to have around 1 billion mobile subscribers by 2020 says Groupe Speciale Mobile Association (GSMA)’s latest report. It also stated that with the rise in broadband connections in India, the time is not too far when here we’ll be having around 670 million broadband users by 2020.
India is already the second largest Smartphone market and not only this we are also ahead of US with around 275 million devices working around. Now in a new report by Groupe Speciale Mobile Association (GSMA) which is named as the, ‘The Mobile Economy: India 2016” it is being stated that by the end of 2020, India will be having around 1 Billion of Active mobile subscribers which is a big number for sure.
The report states that just by the end of June 2016, there were 616 million unique users that had chosen mobile services here in India. Not only this, but we are also heading towards having around 40 percent of the world’s broadband subscriber ratio. According to the same report, India would reach a whooping number of around 670 million broadband users by 2020 which is around 40 percent of the total broadband users around the world.
Mats Granryd, who is the Director General of GSMA stated in a report to reporters, “With this report, all signs point to a period of tremendous growth for India’s mobile economy, which will strongly support and enable the government’s ‘Digital India’ initiative aimed at providing broadband connectivity to all.”
The number of 4G connections is also going to see a rapid growth, with just three million subscribers for the same at the end of 2015, it is being said to reach around 280 million by the end of 2020.
In 2015, the country’s mobile industry reported to have generated an economic value equivalent to 6.5 percent of the country’s total GDP, contributing around $140 billion (Rs 9 lakh crore) to the Global Domestic Product (GDP) of the nation.
Granryd also stated, “GSMA research showed that South Asia has the highest gender gap globally in mobile phone ownership and that women in India are estimated to be 36 per cent less likely to own a mobile than men, translating into an estimated 114 million fewer women who are benefiting from mobile services,”
Vodafone and Airtel has committed to increase their women subscribers list and working simultaneously to actually make it happen in India.