Fire Extinguisher Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

The global mobile data traffic market is anticipated to grow at a CAGR of 6.8% during the forecast period. The growth of the market is attributed to the increased consumption of data owing to the proliferation of mobile and internet services across the globe. According to the 50th Statistical Report on China's Internet Development, in the first half of 2022, China's mobile internet access traffic reached 124.1 billion GB, a year-on-year increase of 20.2%. The mobile phone subscriber base grew steadily, with the 5G mobile phone subscriber base expanding rapidly. As of June 2022, the total number of mobile phone subscribers to the three basic telecommunications operators reached 1.7 billion, a net increase of 25.52 million compared with December 2021. Among them, 5G mobile phone users reached 455 million, a net increase of 101 million compared with December 2021, accounting for 27.3% of mobile phone users, up 5.7 percentage points in six months. Also, the telecom industry has been witnessing a surge in data traffic owing to the increased consumption of internet services on mobile. For instance, In 2021, Deutsche Telekom's mobile network carried 1.83 billion gigabytes of data. That's around 230 million gigabytes more than one year ago. Total mobile network data traffic grew nine-fold between 2015 and 2021. Also, Deutsche Telekom expects to see an annual growth rate of 30 to 40 percent. 

Further, in April 2023, as per the report by Reliance Industries Ltd., Reliance Jio users in India consumed more than 30 billion gigabytes (GB) of data in Q4 2022-23. The company's 439.3 million subscribers used an average of 23 GB a month each during this period. As per the company, the increase in data traffic was due to continued wireless subscriber additions and proliferation of wireline services.

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Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Type
By End-use

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including HYUNDAI Steel, Nippon Steel Corp., SAIL (Steel Authority Of India), Tata Steel, United States Steel, JSW, SMS Group GmbH, and others.

Mobile Data Traffic Market Report Segment

By Type

Video
Audio
Others

By End-use

Consumer/Residential
Business

A full Report of Mobile Data Traffic Market is Available @  https://www.omrglobal.com/industry-reports/mobile-data-traffic-market

Mobile Data Traffic Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles 

América Móvil, S.A.B. de C.V.
Bharti Airtel Ltd.
China Telecom Corp.
China Unicom (Hong Kong) Ltd.
Deutsche Telekom AG
Etisalat Group
KDDI Corp.
KT Corp.
Orange
Rogers Communications Inc.
Saudi Telecom Company (STC)
Singtel (Singapore Telecommunications Ltd.)
SK Telecom Co., Ltd.
Swisscom AG
Telecom Italia S.p.A.
Telefónica Brasil S.
Telefonica SA
Telenor Group
Telstra Corporation Ltd.
T-Mobile US, Inc.

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