Question
Which is the largest telecommunication market in the
world?Solution
The Indian telecom market is the second-largest in the world after China. India has a total subscriber base of over 1.18 billion subscribers. Driven by strong adoption of data consumption on handheld devices, the total mobile services market revenue in India is expected to touch US$ 37 billion in 2017. According to the Ericsson Mobility Report India, smart-phone subscriptions in India is expected to increase four-fold to 810 million users by 2021, while the total smart-phone traffic is expected to grow seventeen-fold to 4.2 Exabytes (EB) per month by 2021.
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