India set to achieve 700 million 5G mobile subscriptions by 2028: Report
1 year, 6 months ago

India set to achieve 700 million 5G mobile subscriptions by 2028: Report

India TV News  

A recent report from Ericsson has revealed that the number of 5G mobile subscriptions in India reached approximately 10 million by the end of 2022. The study estimates that this figure will skyrocket to around 700 million by the end of 2028, constituting roughly 57% of all mobile subscriptions in the country. The report forecasts a compound annual growth rate of 5% for smartphone subscriptions in India, reaching over 1.14 billion by 2028, compared to 840 million at the end of 2021. In addition, India's total mobile data traffic is estimated to surge from 18 exabytes per month in 2022 to 58 EB per month in 2028, growing at a CAGR of 22%.

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