4.5 billion smartphone worldwide by 2018?

According to TNW Swedish mobile telecommunication company Ericsson has released its latest mobility report which predicts that in the next five years, the number of smartphones subscriptions in the world is expected to reach 4.5 billion, with 60 percent of the world’s kopulation covered by LTE. Other findings show that with the proliferation of better network speeds, video traffic will also grow by 60 percent annually and data traffic volume will grow 12-fold by 2018.

With more people sharing photos on Instagram, Facebook, YouTube, and Twitter, should we be surprised by the fact that faster network speeds are becoming available throughout the world?

Ericsson says that smartphones accounted for around half of all mobile phone sales in Q1 2013, 10 percent more than the same time last year. What’s more, the number of total mobile phones increased by 8 percent year-on-year by Q1 2013.

Broken down by regions, Ericsson says that China, Africa, and the Asia-Pacific parts of the world led the charge both in the net additions and total number of mobile subscriptions.

Where is the biggest penetration in mobile technology? Europe. Globally, this number is at 90 percent, but there in Central and Eastern Europe, that number is 132 percent while it’s 128 percent in Western Europe. China, Africa, and India are the three main regions that do not have a penetration rate above 100 percent.

Full report here: http://www.ericsson.com/ericsson-mobility-report

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