The wireless industry reached an impressive benchmark last Thursday, with the number of wireless service subscriptions surpassing 5 billion globally. After taking into account individuals with multiple subscriptions, the number, which is up from 720 million in 2000, suggests just under 5 billion of the world’s 6.9 billion people are connected wirelessly. Furthermore, Ericcson, the company who first released the estimates, predicts at the current rate of 2 million additional subscriptions per day, we will see 50 billion connected devices by 2020. The popular and expeditious transition to the mobile Internet shows the demand for wireless devices is here to stay, with consumers realizing more than ever the benefits of mobile connectivity.
To read more about Ericcson’s findings, click here.