The number of mobile users around the world will surpass 5.5 billion by 2022, according to Forrester Research. This number is nearly double the amount of mobile users in 2008, then estimated to be 2.8 billion.
Of the 5.5 billion mobile users, nearly 3.8 billion will be smartphone owners, which makes up nearly 70 percent of the total mobile market, the research firm says. This increase in global mobile penetration will see the majority of its growth come from Asia Pacific and Latin America due to the emergence of low-cost smartphones. North America and Europe remain the areas with the highest penetration of mobile subscribers.
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