Internet Growth in India: Moving Slower than A Snail Posted on January 25, 2023 News By Akta Yadav 369 Views Internet Growth in India:- India has the second largest consumer base in the world for the market of mobile phones. Mobile phones are the primary device used in India for the purpose of internet surfing. While 168 million mobiles were sold in 2012, this number sharply fell to 151 million sales. This decrease in sales growth of mobile phones contributes heavily towards decreasing internet growth. Not only is the sale of mobile phones slowing down alarmingly, the growth rate in the number of internet users is also decreasing at a huge rate. Internet Growth in India Decreasing Internet Users Causing to Slower Internet Growth The number of broadband subscribers in India for the year 2022 was at 790 million which was a mere 1 million more than the year 2021. The plight of internet growth in India is such that the growth can be seen in single digits according to the recent trends. A very weak internet growth is predicted for the year 2023 as well. Reasons behind Slow Internet Growth in India Many Indian phone users use basic handsets given the large population living under poverty. One of the reasons behind the slow internet growth in India is the rise in prices of smartphones, the phones which support internet usage. While the average price of an Indian smartphone was 15,000 INR in 2021, it has risen to 22,000 INR currently. Amidst this, some of the demand for cheap smartphones is being met by the second hand smartphone industry which does not add to the count of smartphone sales but does make a contribution to increased internet growth. Another factor contributing to slow internet growth is the rise in data package prices of the two largest service providers in India, Airtel and Jio. Effects of Slow Internet Growth in India Slow internet growth implies less effective publication and broadcast of government welfare schemes such as ration and vaccination. Moreover, while the world is slowly moving towards a cashless economy, India cannot afford to lag behind. For more updates keep visiting our website www.topstoriesworld.com where we provide unbiased, true and top stories of the world.
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Internet Growth in India
Decreasing Internet Users Causing to Slower Internet Growth
The number of broadband subscribers in India for the year 2022 was at 790 million which was a mere 1 million more than the year 2021. The plight of internet growth in India is such that the growth can be seen in single digits according to the recent trends. A very weak internet growth is predicted for the year 2023 as well.
Reasons behind Slow Internet Growth in India
Many Indian phone users use basic handsets given the large population living under poverty. One of the reasons behind the slow internet growth in India is the rise in prices of smartphones, the phones which support internet usage. While the average price of an Indian smartphone was 15,000 INR in 2021, it has risen to 22,000 INR currently. Amidst this, some of the demand for cheap smartphones is being met by the second hand smartphone industry which does not add to the count of smartphone sales but does make a contribution to increased internet growth. Another factor contributing to slow internet growth is the rise in data package prices of the two largest service providers in India, Airtel and Jio.
Effects of Slow Internet Growth in India
Slow internet growth implies less effective publication and broadcast of government welfare schemes such as ration and vaccination. Moreover, while the world is slowly moving towards a cashless economy, India cannot afford to lag behind.
For more updates keep visiting our website www.topstoriesworld.com where we provide unbiased, true and top stories of the world.
