ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home Tech

Sub-Saharan Africa embraces 5G and smartphone adoption soars, GSMA report  

Business 360 by Business 360
June 12, 2023
in Tech
0
Sub-Saharan Africa embraces 5G and smartphone adoption soars, GSMA report  

A recent report “The Mobile Economy 2023” by the Global System Operators and Manufacturers Association (GSMA) highlights the imminent transformation of the mobile market in Sub-Saharan Africa. The region is anticipated to experience a substantial increase in smartphone adoption and the emergence of 5G technology, which are expected to drive economic growth and contribute to the digital revolution in the area.

According to the report, smartphone adoption in Sub-Saharan Africa is projected to reach 87% by 2030, compared to 51% in 2022. This surge in adoption can be attributed to falling smartphone prices and the growing number of digital-native users in the region. The report emphasizes that smartphones are being utilized for more than just voice calls and SMS, as digital technologies become increasingly integrated into people’s lives.

Furthermore, the GSMA predicts a significant shift towards 5G technology in Sub-Saharan Africa. By 2030, it is estimated that there will be 213 million 5G subscriptions in the region, accounting for 16% of all mobile subscriptions. This represents a notable increase from the 1% recorded in 2022. The deployment of 5G is expected to facilitate improved connectivity, support innovative applications and services, and foster advancements in various industries.

Overall, the report suggests that the developments in smartphone adoption and 5G technology will have a positive impact on Sub-Saharan Africa’s economic growth and contribute to its digital transformation. The increased connectivity and access to digital services provided by smartphones, coupled with the capabilities of 5G technology, are expected to open up new opportunities and drive progress in the region.

By 2030, smartphone adoption is forecasted to soar to 87% in Sub-Saharan Africa, up from 51% in 2022. The report attributes this rapid growth to the declining prices of smartphones and the increasing number of young individuals embracing digital technologies. With the majority of new users being digital natives, smartphones are being utilized for a myriad of activities beyond traditional voice calls and SMS.

The GSMA’s findings indicate that Sub-Saharan Africa, along with Asia-Pacific and Latin America, will experience a notable upswing in smartphone adoption by the end of this year. This growth is propelled by the availability of affordable devices, enabling more people to access the benefits of the digital age.

Furthermore, the report highlights the region’s progress in mobile data consumption. Sub-Saharan Africa is expected to witness a fourfold increase in average monthly mobile data traffic by 2028, reaching 18 gigabytes (GB) per user. This surge will be driven by enhanced mobile broadband coverage, the affordability of smartphones, and the development of mobile gaming and video streaming markets. However, the region’s data consumption still falls below the global average, which is projected to rise to 45 GB per user by 2028.

The GSMA projects that 5G technology will play an increasingly significant role in the region’s mobile landscape. By 2030, 5G subscriptions are estimated to reach 213 million, accounting for 16% of all mobile subscriptions, a substantial increase from a mere 1% in 2022. The report emphasizes that while 4G will remain the primary driver of growth in the Sub-Saharan African mobile market until the end of the decade, the share of 5G subscriptions is expected to steadily rise.

Conversely, the report indicates a sharp decline in 2G and 3G subscriptions. By 2030, 4G is projected to account for approximately 47% of mobile subscriptions in the region, compared to 22% in 2022. In contrast, 3G subscriptions are anticipated to plummet from 55% in 2022 to 35% in 2030. Similarly, 2G subscriptions are expected to rapidly decline as operators migrate their customers to 4G and 5G networks, limiting its share to a mere 2% of total subscriptions by the end of the decade.

On a global scale, the report forecasts that the number of unique mobile subscribers worldwide will increase from 5.4 billion in 2022 to 6.3 billion by 2030. Notably, Sub-Saharan Africa and India are projected to account for nearly half of these new subscribers as more mature markets approach saturation. The rise in subscriptions will be primarily driven by young people and rural populations seeking to harness the benefits of mobile technology.

In a broader context, the GSMA anticipates that the mobile sector will contribute approximately 5% of global GDP by 2030, equivalent to $6 trillion in economic value added. This highlights the significant role that mobile technology and associated services will play in driving economic growth and fostering  

As Sub-Saharan Africa embraces the smartphone revolution and realizes the potential of 5G technology, the region stands poised to capitalize on the opportunities presented by the digital era. With smartphone adoption on the rise and mobile data consumption growing steadily, the region is well-positioned to benefit from increased connectivity, improved access to services, and enhanced economic development in the years to come.

Previous Post

Telecom Sector Contributes N2.5trn to Nigeria’s GDP in Q1 2023

Next Post

OML34: Host communities vow to shut down operations

Business 360

Business 360

Next Post
Federal Government tasked on transparency in lease renewal and digitization by Stakeholders

OML34: Host communities vow to shut down operations

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FMDQ Exchange Admits Flour Mills of Nigeria’s ₦30.00bn Commercial Paper Notes

FMDQ Admits TSL SPV PLC ₦12.00 billion Series 1 Guaranteed Fixed Rate Infrastructure Bond to its Platform

March 11, 2021
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

September 21, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
Oil Prices Dip After U.S. Inventory Build and Saudi Price Cuts for Asia

Oil Prices Dip After U.S. Inventory Build and Saudi Price Cuts for Asia

June 5, 2025
Asian Stocks Dip as Investors Await Key US Payrolls Data

Asian Stocks Dip as Investors Await Key US Payrolls Data

June 5, 2025
Nigeria-China Partnership to Revive Ajaokuta Steel Under Zero-Cost Investment Model

Nigeria-China Partnership to Revive Ajaokuta Steel Under Zero-Cost Investment Model

June 5, 2025
Internet Subscribers Hit 141.9 Million as GSM Dominates Connectivity

Internet Subscribers Hit 141.9 Million as GSM Dominates Connectivity

June 5, 2025
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • Agriculture
  • AI
  • Art
  • Arts
  • Aviation
  • Banking
  • Blockchain
  • Business 360 Weekly
  • Business news
  • Business Travels
  • Capital Market
  • CHINA
  • Corporate
  • Cryptocurrency
  • Destination Business
  • East Africa
  • Economy
  • Education
  • Electric Vehicles
  • Electricty
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • EV
  • Fashion
  • Fashion
  • Feature
  • Finance
  • Gas
  • Global Economy
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Japan
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • Mortgage
  • News
  • NGOs
  • Oil
  • Petrol
  • Political Economy
  • politics
  • Real Estate
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • South Africa
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tax
  • Tech
  • Tourism
  • Transportation
  • UK
  • Uncategorized
  • US
  • World

Recent News

Oil Prices Dip After U.S. Inventory Build and Saudi Price Cuts for Asia

Oil Prices Dip After U.S. Inventory Build and Saudi Price Cuts for Asia

June 5, 2025
Asian Stocks Dip as Investors Await Key US Payrolls Data

Asian Stocks Dip as Investors Await Key US Payrolls Data

June 5, 2025
  • Africa
  • World
  • Our Shows

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!