The 11th edition of Nokia’s Mobile Broadband Index is here!

Shruti Govil
Shruti Govil April 16, 2024
Updated 2024/04/18 at 6:21 PM

The 11th edition of Nokia’s Mobile Broadband Index (MBiT) shows that in 2023, Indian customers used an average of 24.1 gigabytes (GB) of data per capita each month. According to the index that was exclusive to India, per capita data usage would reach approximately 28 GB by the end of 2024.

4G continues to lead in terms of data traffic in 2023 with over 85 percent of the market, followed by 5G at about 14.8%. According to the report, by 2026, 5G data consumption is expected to reach 310 exabytes (EB) annually.

3.6 times as much mobile data traffic has been used by 5G users as by 4G users since 5G’s launch in October 2022, according to the Nokia MBiT report. In contrast, users of 5G fixed wireless access (FWA) utilize 2.5 times as much data as typical 5G users do.

Results of the analysis

After five years of 26% CAGR, consumers in 2023 utilized 17.4 EB data per month. 15% of all data traffic in 2023 was attributed to the introduction of 5G.

From 131 million in 2023 to 575 million by 2026, according to the research, 5G subscribers will expand. By 2026, 1,155 million people would have 4G and 5G subscriptions combined.

There were 134 million 5G devices and 796 million 4G devices in use in 2023. Additionally, it states that roughly 17% of 4G devices in use today are 5G capable.

All telecom circles have seen an increase in 5G traffic, with metro leading the way with a 20 percent share of all mobile data traffic. Category A, B, and C follow with 17 percent, 12 percent, and 14 percent, respectively. In whole of India, it is about 15%.

According to the analysis, future 5G growth will be accelerated by improved 5G availability and performance, a wide range of reasonably priced devices, and the launch of new data-intensive apps and services.

Furthermore, by 2030, new era technologies like cloud, web 3.0, AI/ML, and metaverse are expected to alter the tech industry.

Read more about Nokia’s market in Europe here: HMD, parent company of Nokia in news

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