The next time you’re on the go and you want to get your work done, be prepared to spend some time in your vehicle.
According to a new report, the majority of mobile devices will be in the home or workplace by 2021.
Thats why the number of cars in the United States is set to hit a record.
According to the report, “most smartphones and tablets are on the road by 2021, and the majority (70%) of tablets will be on the streets by 2021,” said J.P. Morgan analyst Andrew Rassweiler.
The report also says that mobile data usage will be the most popular form of transportation in the future, and that this trend will continue.
Rasswiler explained, “As mobile devices become more ubiquitous, the adoption of mobile data plans will continue to grow.
The growth of data services is going to be the main driver of the growth of mobile transportation.”
According to Rasswiiler, while a large number of new smartphones are launched in the U.S. every year, the smartphone market is likely to shrink to only 10% of global smartphone sales by 2021 as more consumers transition to the mobile internet.
However, he expects that this will change by the end of the decade as new devices are launched.
In a way, the future of mobility is in the hands of consumers, said Rasswais, who noted that he expects a massive increase in smartphone sales in the years to come.
According the report’s authors, mobile data is a growing industry with revenue of more than $1.6 trillion in 2020.
In addition, the number and size of mobile broadband subscriptions is set for record growth in 2021.