- New analysis: Machine-to-Machine (M2M) takes off with active cellular M2M devices to grow 3-4 times by 2019
- 65 percent of all phones sold in Q1 2014 were smartphones
- Mobile subscriptions to exceed world population in 2015
- 4G/LTE subscriptions to reach 85 percent in North America and 30 percent in Europe in 2019
STOCKHOLM, Sweden, June 3, 2014 (GLOBE NEWSWIRE) -- The latest Ericsson (NASDAQ:ERIC) Mobility Report reveals for the first time that the number of active cellular M2M devices will increase 3-4 times by 2019, from 200 million at the end of 2013. While the majority of cellular M2M devices today are still GSM-only, that is expected to shift by 2016 when 3G/4G will represent the majority of active cellular M2M subscriptions.
Rima Qureshi, Senior Vice President and Ericsson's Chief Strategy Officer, says: "We see cellular M2M taking off. Over time, cellular M2M services and applications related to, for example, intelligent transport systems, will require very short latency in order to be efficient. By 2019 we estimate that more than 20 percent of the active cellular M2M devices will be connected to LTE subscriptions. We also see new device-to-device and M2M applications as a key focus of 5G networks."
2015: subscriptions surpass global populationNext year the total number of mobile subscriptions will exceed the world's population. Mobile subscriptions have grown by 7 percent year-over-year, with 120 million net additions in Q1 alone. Mobile broadband subscriptions also continue to grow and will reach 7.6 billion by the end of 2019, representing more than 80 percent of total mobile subscriptions. 2016: smartphones outnumber basic mobiles In two years' time, in 2016, the number of smartphone subscriptions will exceed those for basic phones and by 2019 the number of smartphone subscriptions is expected to reach 5.6 billion. In Europe, the number of smartphone subscriptions will reach about 765 million in 2019 and thereby exceed the population number.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts