India to have 966 million mobile users by 2023 but less than 5% will have 5G: report

Two in every three users are expected to have a mobile phone by 2023, while one in two users will have a smartphone.Broadband users are expected to reach 700 million even as 4G users are expected to double in the same period.5G could remain relatively less popular even in 2023, with a share of under 5% of the market.Internet and mobile usage in India is all set to cross the 900-million mark by 2023, with nearly two-thirds of the population estimated to have internet access and a mobile device. However, less than 5% of the population will upgrade to 5G by 2023, suggesting that even three years from now, 5G adoption will be slow.However, according to a Cisco report, the growth rate of devices connected to the internet will be seven times that of the population growth rate by 2023.The forecast

from Business Insider India https://ift.tt/2T09XiF