The number of people in ownership of a smartphone around the world will more than double over the next five years, according to a major new report from Ericsson.
Globally, by 2020, over 70 per cent of humanity’s population will be in possession of such a device, transforming the very nature of communication and innovation.
In its paper, titled Mobility Report: On the Pulse of the Networked Society, the Swedish tech company noted that there will also be 26 billion connected devices in operation around the world.
This, it said, is the result of an expansion in the number of applications and business models available.
A lot of change is afoot, Ericsson observed. For example, mobile data traffic in the first quarter of the year was 55 per cent higher than it was for the same period last year.
Moreover, by 2020, the bulk of data traffic will come from smartphones, as more and more people turn to the device for all sorts reasons (browsing web, sorting out bills, etc).
“Smartphones make up the majority of mobile broadband devices today and subscriptions are expected to have more than doubled by 2020,” the authors of the report said.
“This is due to greater affordability in developing markets such as Asia Pacific, the Middle East, and Africa. 5G subscriptions will be commercially available in 2020, and subscription uptake is expected to be faster than for 4G.
“This growth will be driven to a large extent by new use cases, especially machine-type communication.”
Smartphones are considered to be one of the most innovative devices to have been invented in recent times.
They have grown increasingly sophisticated since the turn of the 21st century and revolutionised both our professional and personal lives.