According to the Ericsson Mobility Report, currently, there are around 7.6 billion mobile subscriptions worldwide. The number of mobile subscriptions is effectively increasing, mostly in this time whereby the world is virtually at pause.
Most people are probably sticking around indoors and they are chiefly active on their mobile phones. In the same line, the advancements in worldwide connection are also taking place, since several mobile service providers are on the verge of exploring new ideas and cognition to improve connectivity amongst people around the world.
The report also indicates that the current figure of mobile subscriptions is anticipated to increase to 8.8 billion by the end of 2026, out of which 91 per cent will be for mobile broadband. Ericsson Mobility Report also revealed that “Smartphones penetration continues to rise and subscriptions associates with smartphones account for about 75 per cent of all mobile phone subscriptions”.
Also, mobile broadband subscriptions will continue to summate in time, due to new online enterprises, for instance, online marketing, Social media operatives and online education, technology will not seize to kick upstairs as well as mobile broadband subscriptions will also increment.