December 1, 2020
By 2026 India is poised to have 350 million users, accounting for 27% of the country’s mobile subscriptions.
In 2020 broadband accounted for 67% of mobile subscriptions and aims to reach 91% including 5G users, by 2026.
Jio Platforms Ltd has partnered with US-based Qualcomm Technologies, Inc. to develop 5G solutions, infrastructure, and services.
5G technology will facilitate faster data speeds, low latency communications and enhanced digital experiences across platforms.
Jio Platforms Ltd, the digital services subsidiary of Reliance Industries Ltd (RIL), and US-based Qualcomm Technologies, Inc. will develop 5G solutions to fast track the roll out of indigenous 5G network infrastructure and services in India. Qualcomm is working with several partners in India, like Reliance to facilitate the growth of 5G technology inventions. Other telecom companies like Airtel and Vodafone Idea, are also known to be working on the development of locally relevant 5G use-cases. Jio Platforms raised Rs 1.52 trillion from investors like Google, Inc. and Facebook in just four months this year to achieve its digital goals.
According to Swedish telecom company Ericsson, India is poised to have 350 million 5G users by 2026, accounting for 27% of the country’s mobile subscriptions. However, 4G LTE will continue to exist in India, accounting for 63% of mobile subscriptions. According to Ericsson, broadband accounted for 67% of mobile subscriptions in 2020 and aims to reach 91% including 5G users, by 2026. In India average monthly mobile data usage per smartphone is steadily growing owing to the pandemic induced lockdown. Average traffic per smartphone user increased to 15.7 GB per month in 2020 from 13.5 Gb in 2019 and is further expected to increase to about 37GB per month in 2026.
India’s gigantic telecom market is set up for launching 5G with the government and policy makers enabling the growth of telecom space by releasing spectrum, including 5G, in adequate quantity and at affordable prices. Indian regulators will have a big role to play in ensuring 5G in India is deployed to its full potential. As the world’s second largest telecom market, India holds huge promise for growth. 5G is expected to support sectors like manufacturing, energy, utilities, healthcare, pharmaceutical, transportation and logistics. 5G technology will allow users to experience faster data speeds, low latency communications and enhanced digital experiences across connected devices such as smartphones, enterprise laptops, augmented and virtual reality products and internet of things (IoT) solutions.