There will be one billion mobile broadband subscribers in Africa by 2020 according to a new forecast by Ovum.
From 147 million subscribers at the start of 2015, the number of subscribers is expected to grow sevenfold by 2020.
The rapid growth will be driven by the ongoing rollout of 3G W-CDMA and 4G LTE networks across Africa. More smartphones and other data services are becoming more affordable.
At the end of 2014, 17% of the 884 million total mobile subscriptions are mobile broadband.
Ovum expects the mobile broadband will account to 76% of the total 1.32 billion mobile subscribers at the end of 2020.
The fixed-broadband market is also expected to grow strongly. The number of subscribers will increase from 166,000 at the beginning of 2015 to 1.2 million by the end of 2020.
â€œAlthough the pace of growth in overall connection numbers in Africa has slowed and the regional industry is facing some headwinds from rising competition and weaker economic conditions, there are substantial growth opportunities on the continent in data connectivity as well as in digital services that are based on those data connections,â€ comments Matthew Reed, Practice Leader for Middle East & Africa at Ovum.
South Africa is the most favorable on the continent. It leads among the 20 countries surveyed for digital media content such as apps, digital music, digital publishing, over-the-top (OTT) video and video gaming.
It is an exciting opportunity in Africa to take advantage of this growth and demands.
It is a perfect time to roll out your own OTT service and other services in Africa on a stable and reliable platform such as that of MatrixStream.
In MatrixStream, we can help you launch a winning video service that will generate substantial direct revenue bundled with high-margin offerings such as broadband, wireless, home phone and more.
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To know more how we can help you set up your complete OTT IPTV Live TV VOD solution for mobile broadband subscribers, click here.