According to the new Cisco Annual Internet Report, India will have over 907 million internet users by 2023, accounting for 64% of the population. In India, devices and connections are growing faster (7 percent CAGR) than the population (1.0 percent CAGR). This trend is accelerating the increase in the average number of devices and connections per household and per capita. Each year, various new devices in different form factors with increased capabilities and intelligence are introduced and adopted in the market. A growing number of M2M applications, such as smart meters, video surveillance, healthcare monitoring, transportation, and package or asset tracking, are contributing in a major way to the growth of devices and connections. By 2023, M2M connections will be 25 percent of the total devices and connections.
For the past 50 years, each decade introduced a new mobile technology with cutting-edge innovations. Mobile bandwidth requirements have evolved from voice calls and texting to ultra-high-definition (UHD) video and a variety of augmented reality/virtual reality (AR/VR) applications. Consumers and business users worldwide continue to create new demands and expectations for mobile networking. This ongoing trend is clearly highlighted by the adoption and use of mobile applications. Social networking, video streaming and downloads, business productivity, e-commerce, and gaming will drive the continued growth of mobile applications, with nearly 46.2 billion downloaded by 2023.
“As digital literacy, mobile penetration, and internet connectivity grow deeper into the hinterland, a massive shift will be created in internet usage and consumption patterns across the country. This rise in connectivity and changing consumption patterns will challenge service providers’ ability to service their customers in an optimal manner. Flatter and more secure networks leveraging cloud and edge computing, as well as automation to manage the ever-expanding network, is essential for them to keep pace in the digital world. Service providers and enterprises will continue on the journey towards software-defined everything and edge computing to lower their overall cost per bit and provide the best customer experience,” said Anand Bhaskar, Managing Director, Service Providers Sales, Cisco India and SAARC.
Cisco Annual Internet Report Highlights (2018 – 2023)
The Cisco Annual Internet Report covers mobile, and fixed broadband networking with quantitative projections on the growth of users, devices, and connections as well as network performance and relevant trends over a five-year forecast period (2018 – 2023).