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Gartner Forecasts Security and Risk Management Spending in India to Grow 12% in 2024

  GenAI-Driven Attacks Require Changes to Application and Data Security Practices and User Monitoring End-user spending on security and risk management (SRM) in India is forecast to total $2.9 billion in 2024, an increase of 12.4% from 2023, according to a new forecast from Gartner, Inc. Indian organizations will continue to increase their security spending through 2024 due to legacy IT modernization using cloud technology, industry demand for digital platforms, updated regulatory environment, and continuous remote/hybrid work. “In 2024, chief information and security officers (CISOs) in India will prioritize their spending on SRM to improve organizational resilience and compliance,” said  Shailendra Upadhyay , Sr Principal at Gartner. “With the introduction of stringent government measures mandating security breach reporting and digital  data protection , CISOs are facing heightened responsibility in safeguarding critical assets against evolving cyber threats.” Gartner a...

Mobile Subscriber Growth


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Published on Monday, 22 October 2012 06:46


The total mobile connections will stand at 6.8 billion including machine-to machine (M2M) communications, or 5.9 billion excluding M2M and inactive SIM cards by the end of 2012, according to a GSMA research.





With consumers using an average of 1.85 SIM cards each, the total number of mobile subscribers globally will stand at 3.2 billion by Q4 2012, growing to 4 billion within the next five years. Global penetration based on total connections will exceed 100 percent in 2013, with mobile subscriber penetration standing at 45 percent by the end of 2012.


“This research highlights the difference between mobile connections and individual mobile subscribers and points to a significant growth opportunity for the mobile industry as we continue to connect the world’s population,” says Anne Bouverot, director general of the GSMA. “By identifying inactive SIMs and multiple SIM ownership, we have identified that only 45 per cent of the world’s population has subscribed to mobile services.”

The study found future mobile subscriber growth will be driven by demand among currently ‘unconnected’ populations in developing countries, particularly those in rural areas, which the research estimates to be 1.8 billion people throughout the next five years. By 2017, subscriber penetration in developed countries is set to have passed 80 percent and growth in these markets is expected to slow. In contrast, subscriber penetration across developing economies is forecast to increase from 39 percent in 2012 to 47 percent in 2017, and will be the largest factor spurring the global growth of mobile over the next five years.

Europe has the highest mobile penetration in the world, with countries such as Denmark, Finland, Germany and the UK already averaging close to 90 percent subscriber penetration. Africa currently has the lowest penetration, with only one out of three people in the region subscribing to mobile services in 2012, a figure that is expected to increase to 40 percent in 2017. In Asia, subscriber penetration stands at 40 percent and is expected to grow to 49 per cent by 2017. In China, the world’s largest mobile market, subscriber penetration will grow from 43 percent to 52 percent over the next five years.

“In developing markets, where there is an opportunity for growth for the mobile industry, SIM per user patterns are influenced by cost-conscious, low-usage consumers who tend to accumulate prepaid SIM cards depending on the latest and most affordable prepaid tariffs,” says Bouverot. “In developed markets, SIM per user patterns are influenced by the ownership of smartphones, tablets and other devices connected to mobile broadband networks and through the wider availability of shared data plans.”

Furthermore, approximately a third of the world’s population of 7 billion are unlikely to be able to subscribe to mobile services for a variety of reasons , resulting in an ‘addressable’ mobile subscriber base of around 5 billion. Wireless Intelligence predicts the mobile industry will reach the 5 billion users milestone over the next decade as network expansion continues to progress in developing markets and as people in rural areas, many of whom currently live on less than US$2 a day, subscribe to mobile services.

In India, according to the World Bank and Telecom Regulatory Authority of India (TRAI), approximately half a billion people in the country’s rural areas are unconnected to mobile networks, with rural mobile penetration of 39 percent. Rural penetration tends to grow slowly and, even when coverage has been deployed on a nationwide basis, it takes time for users to adopt mobile services. For example, in several African markets, such as Malawi, even though mobile coverage is close to 95 per cent of the population, connections penetration still stands at only 29 percent in Q2 2012.

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