More opportunities for entrepreneurs to build and consider mobility as an area to startup. According to the latest Ericsson Mobility Report, mobile subscriptions will reach 9.3 billion by 2019, 5.6 billion of which will be for smartphones. Other key highlights from the report include - 90 percent of the world's population will be covered by WCDMA/HSPA in 2019 and 65 percent will be covered by LTE. Smartphone subscriptions will triple and smartphone traffic will increase 10 times between 2013 and 2019.
The latest Ericsson (NASDAQ:ERIC) Mobility Report reveals that mobile subscriptions are expected to reach 9.3 billion by 2019, and more than 60 percent of these - 5.6 billion - will be for smartphones. To support the smartphone user experience, WCDMA/HSPA networks are predicted to cover 90 percent of the world's population by 2019. Moreover, almost two-thirds (65 percent) of the world's population will be covered by 4G/LTE networks.
Currently, smartphones represent 25-30 percent of all mobile phone subscriptions, yet they account for the majority (55 percent) of mobile phones
sold in Q3.
Smartphone traffic will grow by 10 times between 2013 and 2019, reaching 10 exabytes. Video is growing 55 percent annually, and will represent more than 50 percent of the mobile data traffic, while social networking and web services will account for around 10 percent each in 2019.