GSMA – The Mobile Economy, 2024

The Mobile Economy 2024 report by GSMA highlights the widespread adoption of mobile services and internet access globally, with 5.6 billion people subscribed to mobile services by the end of 2023. This connectivity not only facilitates communication but also enables access to life-enhancing applications such as digital finance, healthcare, and clean energy, contributing significantly to the global economy. The report also delves into key industry trends including the transition to 5G technology, network API initiatives, telco-satellite partnerships, eSIM adoption, and the potential of generative AI. It further explores the impact of mobile technology on sustainable development goals and women micro-entrepreneurs in low and middle-income countries. The report emphasizes the importance of policies for effective spectrum allocation as a key industry enabler.