With more than 7.9 billion mobile devices activated worldwide, there are already enough mobile devices in service for every person in the world to own one, and that number continues to increase by the second. As 400 million of those devices are being used in the U.S., it’s no surprise American consumers are eager to see what the future holds for their cell phones.
As reported in the latest Ericsson Mobility Report, the growth rate of mobile devices combined with the emergence of the fifth generation (5G) of wireless services on a global scale is expected to increase data usage by 500 percent over the next five years. By 2024, data traffic per smartphone is expected to be at 21 gigabytes per month.
Consumers are now purchasing more devices, linking them, and expecting faster connections. Will 2019 be a stepping stone to greater things in the wireless industry?
Scott Moorehead is the CEO of Round Room, LLC, which owns and operates Redux, a technology that saves water-damaged phones; Culture of Good, Inc., a business that guides other companies on how to create a meaningful corporate culture; and Verizon Wireless retailers TCC and Wireless Zone. In addition to growing Round Room into the largest Verizon Authorized Retailer in the nation, Scott is nationally recognized for creating workplace cultures that encourage people to make an impact on their communities. This year, Scott was acknowledged in the American Business Awards, EY Entrepreneur of the Year Awards and as a Dealerscope CE Leader Who Rocks.