50 million subscribers to switch to 4G services in India in next 12-18 months: Deloitte

By January 28th, 2016 AT 4:31 PM

With increased proliferation of 4G services in India, an estimated 50 million subscribers will move to the next generation services in the next 12-18 months, a report said. Deloitte India in its technology, media and entertainment and telecom (TMT) India Predictions 2016 report estimated that about 300 million customers will be using Voice over LTE (VoLTE) or Voice over WiFi (VoWiFi); double the number at the start of the year and five times higher than at the beginning of 2015.

jio-VoLTE

About 100 carriers worldwide will be offering at least one packet-based voice service at the end of 2016, double the amount year-on-year, and six times higher than at the beginning of 2015.

It further said that India, which is currently the third-largest market for smartphones with estimated annual sales of about 143 million units in FY 2016, is estimated to generate about $1.7 billion for its owners at an average value of about $90 in FY 2016, with outright sale or trade-in of about 20 million smartphones.

Growing at a CAGR of about 32 per cent till 2020, the used smartphone market is forecasted to grow to about 46 million units generating an estimated $4 billion for its owners. Besides, in 2016, 26 per cent of smartphone users in developed markets will not make any traditional phone calls in a given week.

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Having over six years of experience in business journalism, Krishna has a knack for writing on telecom and IT. She believes that tryst with technology is the best thing that has ever happened to the mankind. Krishna is a telecom analyst with CMR

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Mahmood Junaid
Mahmood Junaid

Jio is aiming 100 million customers in its first year of operation and according to this report only 50 million users will opt for 4g for all operators combined. Not a good report for jio.

Sudhakar
Sudhakar

It is not 100 million customers. It is 100 million employees. Lol.

Jio is only for employees.

ram
ram

Jio will also target non 4g customers, so 100 million as a target is not bad, knowing Reliance they will go all the way to attract customers with their marketing and offers

thecuriousmale
thecuriousmale

[OffTopic] Why is mobile internet so expensive than wired broadband?

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