Video will consume 50% of mobile traffic by 2020, Ericsson says

In the not-too-distant future, humans will begin to colonize Mars, genetically engineered fish will secrete their own natural tartar sauce, and 9.1 billion mobile subscriptions spread out all over the world will consume 50 percent of the earth's mobile traffic with streaming video. The latter projection, said to occur by 2020, was put forth this week by Ericsson as part of its Business Innovation Forum in Stockholm. FierceWireless Editor-in-chief Sue Marek was there for the presentation and has a complete look at Ericsson's perspective on the near future in this report.

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