India will have over 907 million internet users by 2023, accounting for 64 percent of the population, according to Cisco Annual Internet Report.
In India, devices and connections are growing faster (7 percent CAGR) than the population (1 percent CAGR). This trend is accelerating the increase in the average number of devices and connections per household and per capita. By 2023, M2M connections will be 25 percent of the total devices and connections.
Social networking, video streaming and downloads, business productivity, e-commerce, and gaming will drive the continued growth of mobile applications, with nearly 46.2 billion downloaded by 2023.
“This rise in connectivity and changing consumption patterns will challenge service providers’ ability to service their customers in an optimal manner,” said Anand Bhaskar, managing Director, Service Providers Sales, Cisco India and SAARC.
Highlights of Cisco Annual Internet Report five-year forecast (2018 – 2023) for India
There will be 907 million total Internet users (64 percent of population) by 2023, up from 398 million (29 percent of population) in 2018.
There will be 966 million total mobile users (68 percent of population) by 2023, up from 763 million (56 percent of population) in 2018.
66 percent of the global population (5.3 billion people) will be internet users by 2023.
There will be 2.1 billion networked devices by 2023, up from 1.5 billion in 2018, (7 percent CAGR).
There will be 1.4 billion mobile connected devices by 2023, up from 1.1 billion in 2018 (4.2 percent CAGR).
There will be 697.4 million wired/Wi-Fi connected devices by 2023, up from 359.8 million in 2018 (14.2 percent CAGR).
M2M modules will account for 25 percent (524.3 million) of all networked devices by 2023, compared to 12 percent (175.0 million) in 2018, (24.5 percent CAGR).
Smartphones will account for 38 percent (781.0 million) of all networked devices by 2023, compared to 42 percent (610.9 million) in 2018 (5 percent CAGR).
Connected TVs will account for 12 percent (255.8 million) of all networked devices by 2023, compared to 10 percent (152.2 million) in 2018, (10.9 percent CAGR).
78 percent of all networked devices will be in the consumer segment by 2023, compared to 83 percent in 2018. 22 percent of all networked devices will be in the business segment.
66 percent of all networked devices will be mobile-connected (3G and below, 4G, 5G, or Low Power Wide Area [LPWA]).
There will be 67.2 million total 5G connections by 2023 (4.9 percent). One in twenty connections will be 5G.
4G connections will be 53.1 percent of total mobile connections by 2023, 2-fold growth from 2018.
3G and below connections will be 38.7 percent of total mobile connections.