Cisco: Mobile data traffic to grow at 66% p.a. over the next five years

Cisco: Mobile data traffic to grow at 66% p.a. over the next five years

The Cisco White Paper, released recently, makes some extraordinary predictions over the next five years and and is well worth reading.

To summarise:

1. In 2012, global mobile traffic grew 70 per cent to 885 petabytes per month. By 2017, this will grow 13 times and surpass 11 exabytes per month, a compound annual growth rate of 66%;

 2. In 2013, the number of mobile-connected devices will exceed the number of people on earth. By 2017 there will be 1.4 mobile connected devices per capita (10b v 7.6b);

3. In 2012, the average mobile connection speeds more than doubled to 526 kilobits per second (Kbps) and this is expected to jump 7 fold by 2017 to 3.9 megabits per second (Mbps);

4. In 2012, fourth generation (4G) accounted for 0.9 percent of mobile connections, but accounted for 14 percent of the mobile data traffic. By 2017, 4G will be 10 percent of connections, and 45 percent of the mobile data traffic. (By 2017, 3G will account for 51% of the mobile data traffic, down from 76% today);

5. In 2012, mobile video traffic exceeded 50% of total mobile traffic. By 2017, video will increase by 16 fold and account for two-thirds of total mobile data traffic; and

6. In 2017, mobile-connected tablets will generate 1.3 exabytes per month or 12 per cent of the total global mobile traffic. The growth from mobile-connected tablets will exceed 100 per cent per annum over the next five years.

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Chief Executive Officer of Montgomery Investment Management, David Buckland has over 30 years of industry experience. David is a deeply knowledgeable and highly experienced financial services executive. Prior to joining Montgomery in 2012, David was CEO and Executive Director of Hunter Hall for 11 years, as well as a Director at JP Morgan in Sydney and London for eight years.

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