India’s Private Wireless Investment to Hit $250 Million by 2027, Mobile Data Usage to Double Soon: Nokia Report

The Nokia report pointed towards a significant acceleration in enterprise investment and anticipated a major 5G uptake starting second half of 2023.

By Press Trust of India | Updated: 16 February 2023 19:06 IST

India’s Private Wireless Investment to Hit $250 Million by 2027, Mobile Data Usage to Double Soon: Nokia Report

Photo Credit: Reuters

Nokia's annual Mobile Broadband Index pointed towards an increase in Indian enterprise investments

Highlights

Mobile data traffic in India has more than tripled in last five years
Monthly data usage grew from4.5 exabytes in 2018 to 14.4 exabytes in 2022
70 million 5G devices are estimated to have been shipped to India in 2022

India's investment in private wireless network is expected to reach nearly USD 250 million by 2027, according to a report by Nokia that also talked of a three-fold jump in mobile data usage in the country over last five years.

Nokia's annual Mobile Broadband Index (MBiT) report pointed towards a significant acceleration in enterprise investment and anticipated a major 5G uptake starting second half of 2023.

Enterprise spending on private 5G networks will be driven by new use cases in diverse industry verticals, including manufacturing, utilities, transportation, and healthcare, among others in India, as per the report.

[Sponsored] Samsung Galaxy S24: The Ultimate Camera Phone With Smarter On-Device AI

"India's investment in private wireless network is expected to reach around $250 million (roughly Rs. 2,067 crore) by 2027," the report said.

The report outlined that mobile data traffic in India has risen 3.2 times over the last five years. All India mobile data usage per month grew from 4.5 exabytes in 2018 to 14.4 exabytes in 2022.

Further, the average data consumption per user has risen "sharply" since 2018, reaching 19.5 GB per user per month in 2022. To put things in perspective, this is equivalent to 6,600 songs.

Nokia X30 5G With Up to Two Days Battery Life Launched in India

The average monthly data traffic per user was pegged at 9.7 GB in 2018 and has grown at 19 percent compounded annual growth rate up to 2022.

At an aggregate level, total mobile data consumed in India is expected to more than double by 2024, Nokia report said.

"The appetite and the need for data in India is really high," Amit Marwah, Head of Marketing and Corporate Affairs, Nokia India, said.

Nokia X30 5G's India Sale Date Revealed: All Details

Over 70 million 5G devices are estimated to have been shipped to India in 2022, underscoring a strong traction for 5G in the market.

Sanjay Malik, Senior Vice President and Head of India Market at Nokia, noted that India has seen a massive uptake of mobile broadband based on successful deployment of 4G LTE (Long-Term Evolution) networks.

"We believe that 5G will take mobile broadband consumption to the next level in India by will enabling new digital use cases for both consumer and enterprise segments. It is essential that this growth is managed in a sustainable manner while supporting India's aim to become a trillion-dollar digital economy," Malik said.

5G is now available both on Android and iPhone in India. But is it any good? We discuss this on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.

Affiliate links may be automatically generated - see our ethics statement for details.

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.