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Mobile Data Traffic Strategic Business Report 2024: Global Market to Surpass 600+ Million Terabytes by 2030 - Growth in Amount of Data Intensive Content Spurs Expansions [Yahoo! Finance]
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Dublin, Sept. 19, 2024 (GLOBE NEWSWIRE) -- The "Mobile Data Traffic - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Mobile Data Traffic is estimated at 109 Million Terabytes per Month in 2023 and is projected to reach 603 Million Terabytes per Month by 2030, growing at a CAGR of 27.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth in the mobile data traffic market is driven by several factors, including the rapid deployment of 5G networks globally. With 5G, not only is the capacity for handling data significantly enhanced, but it also supports a higher density of mobile broadband users and machine-to-machine connections, critical for IoT scalability. Additionally, the escalating consumption of video streaming services, social media, and other real-time communication applications among
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