Globile mobile subscriptions had increased to 7.2Bn by 30th June 2015 according to the Ericsson Mobility Report for August.
Growth in subscriptions is currently running at 5% per annum whereas world population (currrently 7.36Bn) grows by around 1%. So soon there will be more mobile subscriptions than people.
Ericsson goes on to point out that the number of mobile subscribers is around 4.9Bn as many subscribers have multiple subscriptions.
Ericsson says that included in the 7.2BN at June 2015 there were:
- 3.1Bn mobile broadband subscriptions
- 740M 4G LTE subscriptions
- 45% of subscribers use a smart phone
- More than 75% of phone sales (Q2 2105) were smart phones
The report says that mobile data is increasing 55% YoY and is now more than 90% of network traffic – up from 50% in 2010.