Mobile Subscriptions to Hit 9.7 Billion Globally by 2031: TeleGeography
Mobile subscriptions worldwide stood at 8.8 billion at the end of 2024, up from 8.7 billion a year earlier, TeleGeography wrote last week. That's a population penetration of 109%. It also said total mobile subscriptions should reach 9.7 billion by…
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the end of 2030, driven by 5G technology adoption. China and India accounted for more than a third of the world's mobile subscriptions, with 1.8 billion and 1.2 billion, respectively, at the end of 2024. Europe had the highest population penetration at year's end at 140%, followed by the U.S. and Canada at 124%, it said. The wireless carriers dominating the U.S. mobile sector -- T-Mobile, Verizon and AT&T -- had market shares of 35%, 34% and 27%, respectively.