AME Handset Subscriptions Set To Reach 1.4 Billion By 2023

Posted by GlobalData

Total AME (Africa and Middle East) handset subscriptions of 733m in 2018, is set to reach 1.4bn by 2023, with smartphones accounting for 81% of handsets in 2023 from 54.4% in 2018, according to GlobalData, a leading data and analytics company.

During the same period, feature phone subscriptions will decline at a CAGR of -11.7%.

Jonathan Bachrach, Senior Technology Analyst at GlobalData comments, “The massive growth in smartphone adoption will be largely driven by increasing penetration through lower priced handsets, more affordable device plans, 3G / 4G coverage expansion, growing OTT video adoption and larger data bundles.”―CT Bureau