Data consumption is rising and will continue to accelerate. Mobile-data traffic is the fastest growing segment. Cisco expects it to register a 53% Cagr between 2015 and 2020. And with billions of standalone gadgets soon to be connected as the Internet of Things (IoT) proliferates, it projects there We believe the demand for wireless communication can only increase.
The rising data consumption can be seen in the increase in global mobiledata in 2015. In the same year, mobile offload exceeded cellular traffic for the first time. Within various data-traffic segments, mobile video traffic accounts for the largest consumption, representing 55% of the total mobile data traffic in 2015.
Cisco also forecasts that by 2020 there will be 8.2bn personal mobile-ready devices and 3.2bn M2M connections, such as GPS systems, asset-tracking systems or mobile medical applications. And by 2017, the relative share of 3G- and 3.5G-enabled devices and connections will exceed 2G-enabled devices. Moreover, 4G will see a crossover in 2020, with 41% of all global devices and connections to be 4G-enabled, surpassing all other types of connection-type share. Global mobile 4G connections will increase at a Cagr of 34% from 1.1bn in 2015 to 4.7bn in 2020.