Africa, Middle East handset subscriptions to hit 1.4b by 2023, says GlobalData

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Total Africa, Middle East (AME) handset subscriptions is expected to hit 1.4b by 2023, says GlobalDataa leading data and analytics company.

AME handset subscriptions of 733m in 2018, is set to reach 1.4n by 2023, with smartphones accounting for 81% of handsets in 2023 from 54.4% in 2018, according to GlobalData.  During the same period, feature phone subscriptions will decline at a CAGR of -11.7%.

With more than 140 million mobile telephony subscriptions in Nigeria, Africa’s largest economy with the highest phone subscriptions is expected to account for over 20% of this growth, said analysts in Lagos.

“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,” said Jonathan Bachrach, Senior Technology Analyst at GlobalData.

Africa, Middle East handset subscriptions to hit 1.4b by 2023, says GlobalData


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