The Telecom Regulatory Authority of India’s (TRAI) latest annual report reveals a dynamic and rapidly evolving internet landscape in India. With a remarkable 8.30% year-on-year growth, the total number of internet subscribers in the country reached an impressive 95.44 crore by the end of March 2024.
Jio’s Unwavering Leadership
Reliance Jio Infocomm (Jio) continues to reign supreme, commanding a substantial 50.40% market share of the total internet subscriber base. This dominance is further reflected in the wireless internet segment, where Jio boasts a 51.39% share, translating to a massive 46.97 crore subscribers. Bharti Airtel, while trailing behind, maintains a strong presence with a 30.47% share in the overall market and 30.97% in the wireless segment.
Broadband: The Backbone of Growth
The report underscores the significant role of broadband in driving internet penetration. Out of the total 95.44 crore internet subscribers, a staggering 92.41 crore are broadband users, highlighting the shift towards high-speed connectivity.
Rural India Embraces the Digital Wave
One of the most encouraging trends is the increasing Reliance Jio Infocomm in rural areas. The number of rural internet subscribers grew to 39.84 crore, showcasing the bridging of the digital divide and the expanding reach of connectivity across the country. Urban areas also witnessed growth, with the subscriber base reaching 55.61 crore.
Internet Telephony: A Shifting Landscape
Interestingly, the report noted a decline in outgoing minutes usage for internet telephony in FY24 compared to the previous year. This could be attributed to the rising popularity of alternative communication platforms and evolving consumer preferences.
India’s Digital Future: Bright and Promising
The TRAI report paints a picture of a digitally empowered India. Jio’s sustained leadership, coupled with the widespread adoption of broadband and the growing internet penetration in rural areas, signals a promising future for the country’s digital ecosystem. As more and more Indians come online, the opportunities for innovation, economic growth, and societal development are boundless.
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