Where are we headed? The global data and mobile technology trends

We are now at a point where video data that we are creating are more data than voice and image data combined. This uproar in data consumption is mostly due to the fact more and more people are getting access of to high speed internet through their smartphones. Be it watching live sports, social media videos, and professional content- Bangladeshi are consuming them more than ever now.

As mentioned, this tremendous growth in data consumption is fueled by adoption of high speed mobile broadband. Looking at the global picture, we can see how more and more people are consuming video content. Even in our neighboring country India we are seeing a rise of consumption of data. According to Ericsson's Mobility Report 2017, in Q1 2017 India saw an addition of 43 million subscribers with China and Indonesia being second and third with over 24 million and 10 million subscribers respectively.

Mobile broadband will account for more than 90 percent of all subscriptions by 2022. It's anticipated that by the end of 2022 there will be 9 billion mobile subscriptions. Mobile broadband subscriptions will reach 8.3 billion, thereby accounting for more than 90 percent of all mobile subscriptions. The number of unique mobile subscribers is estimated to reach 6.2 billion by the end of 2022. Mobile broadband will complement fixed broadband in some segments, and will be the dominant mode of access in others.

Greater device affordability is driving increased smartphone adoption. At the end of 2016, there were 3.9 billion smartphone subscriptions. The majority of these subscriptions (90 percent) were for 3G and 4G. Interestingly, 70% of the 2.1 billion people without a mobile broadband connection in 2022 will have mobile broadband coverage.