Wireless Service Subscriptions Worldwide Top 7.1 Billion, Business and Industry Trends Analysis

Around the world, the wireless market continues to grow.  As of December 2016, there were 396 million mobile devices in use in the U.S. (according to the Cellular Telecommunications & Internet Association, or CTIA, www.ctia.org ).  This amount was up from only 233 million in 2006.  So far, growth in U.S. subscriptions continues to outstrip growth in the U.S. population, which increases by about 3 million yearly.  On a global basis, Plunkett Research estimates there were 7.9 billion subscriptions as of mid-2017.  The GSMA industry association estimates that the number of subscriptions will grow to 8.9 billion by 2020. However,…

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