India’s Internet user base will exceed 900 million by 2023; Says Cisco

India is expected to be more than 907 million Internet users in 2023, up to 398 million in 2018 report Cisco said on Tuesday.

In addition, it is estimated that there will be 2.1 billion networked devices in 2023, where machine-to-machine (M2M) modules accounted for 25 percent (524.3 million) of all network devices.

According to the report, there will be 907 million Internet users (64 per cent of the population) in India up to 2023 EUR 398 million (29 percent of the population) in 2018. It added that there will be a total of 966 million mobile phone users (68 per cent of the population) by the year 2023 up to 763 EUR million (56 percent of the population) in 2018.

In addition, one of the 20 connections has been 5G with 67.2 million connections in 2023, it said.

“In India, devices and connections grow faster (by 7 per cent compound annual growth rate) than the general population (1 per cent CAGR). This trend will accelerate growth of an average of devices and connections per household and per capita, “the report states.

A growing number of M2M applications, such as smart meters, video surveillance, medical monitoring, transportation, and asset tracking package or contribute significantly to the growth of devices and connections.

“By the year 2023, M2M connections is 25 per cent of all devices and connections,” the report says.

Smartphones are estimated share of 38 per cent (781 million) of all network devices when it is connected to a TV accounts for 12 per cent (255 800 000) to all devices on the network 2023. In India, 78 percent of all networked devices into the consumer segment in 2023 compared to 83 per cent in 2018, the report said.

In addition, social networking, video streaming and downloads, business productivity, e-commerce and gaming to drive the continued growth of mobile applications, nearly 46200000000 download 2023. As digital literacy, mobile phone subscriptions, and Internet connections will grow deeper inland, the massive shift to create the Internet access and in different parts of the patterns of consumption land, Cisco India and SAARC CEO (service sales) Anand Bhaskar said.

This increase in connectivity and consumption patterns change to sue opportunities for service providers to act in the best way possible, he added.

“Service providers and companies continue to journey towards the software as defined everything and edge computing lowers the overall cost per bit and offer the best customer experience,” he added.