The latest regional appendix to the upcoming Ericsson Mobility Report forecasts that LTE subscriptions will expand by 47% from 30 million in 2017 to 310 million by 2023 in Sub-Saharan Africa.<\/p>\n
The report also predicted that mobile subscriptions in Sub-Saharan Africa are expected to grow by 6%, between 2017 and 2023, from 700 million mobile subscriptions in 2017 to 990 million subscriptions by 2023.<\/p>\n
Moreover, mobile traffic in the Middle East and Africa (MEA) will increase at a compound annual growth rate (CAGR) of 49% while mobile subscriptions for the total MEA region are expected to grow at four percent CAGR between 2017 and 2023, from 1.59 billion in 2017 to 2.03 billion by 2023.<\/p>\n
This equates to three percent growth in the Middle East and North Africa, from 890 million mobile subscriptions to 1.04 billion subscriptions between 2017 and 2023.<\/p>\n
On the other hand, mobile broadband subscriptions are forecast to grow by 15% for the MEA region from 820 million in 2017 to 1.85 billion by 2023.<\/p>\n
This is broken down into a 13% increase for the Middle East and North Africa from 460 million mobile broadband subscriptions in 2017 to 980 million by 2023.<\/p>\n
Similarly, Sub-Saharan Africa mobile broadband subscriptions are forecasted to grow by 16% from 350 million in 2017 to 880 million by 2023.<\/p>\n
When it comes to LTE subscriptions, the MEA region is expected to grow by 29 percent from 190 million to 860 million by 2023.<\/p>\n
This means that LTE subscriptions in the Middle East and North Africa will grow by 23% from 160 million in 2017 to 570 million by 2023.<\/p>\n
The Internet of Things (IoT) is facilitating the digital transformation of industries, and providing mobile operators in the Middle East and Sub-Saharan Africa with opportunities to explore new revenue streams.<\/p>\n
Cellular IoT subscriptions in the Middle East and Africa are expected to grow from 35 million to 159 million between 2017 and 2023 \u2013 a compound annual growth rate (CAGR) of around 30%.<\/p>\n
For mobile service providers, traditional revenue sources are shrinking, and so new revenue streams are being explored. “As the world becomes more connected, industries are experiencing an ICT-driven transformation. Industry digitalization revenues for ICT players come from adopting or integrating digital technologies into a specific industry,” Ericsson said.<\/p>\n
5G-enabled industry digitalization revenues for IoT in the Middle East and Africa are predicted to reach $242 billion through 2026, the report said.<\/p>\n
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