With the increasing popularity of mobile devices, the demand for mobile communication technology continues to rapidly grow all around the world. The global mobile data traffic, for example, is forecast to increase from 3.7 exabytes per month in 2015 to 30.6 exabytes per month by 2020. Wireless data telecom services are projected to generate about 554 billion U.S. dollars in revenue in 2019, a significant increase from the 2014 figure, when spending stood at about 393 billion U.S. dollars. As of June 2015, the number of mobile wireless subscriptions worldwide already was at around seven billion, with the GSM technology accounting for the majority of connections.
The penetration rate of mobile phones is also forecast to increase. About 67 percent of the total population is projected to own a mobile phone by 2019, which means there will be more than five billion mobile users in the world by that year. This growth also reflects on the number of mobile connections worldwide, which is forecast to increase from about four billion in 2008 to around nine billion by 2020. Samsung has been the leading global mobile phone vendor for the last few years. Nokia/Microsoft and Apple also hold a significant share of the mobile phone market.
An estimated 192,192 text messages were sent every second around the world.
In 2020, the global wireless penetration is projected to reach 99 percent.
In 2008, there was a total of 3,862 million mobile subscriptions globally. This number is projected to reach 6,636 million by 2016.
The Nigerian telecom industry between 2002 and 2015 grew by over 7039%
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