globalen
Forget me not

Forget me not

26-10-2021 | Daily sketch

Sometimes it’s easy to forget the power of a trend that started a while ago. Rapidly growing mobile data traffic could be one of these. Even though the volume of worldwide mobile data traffic was a whopping 83 exabytes (that is a one with 18 zeroes) on average in the first quarter of this year, this was still growing at a rate of 46% year over year. What is causing this rapid growth? First, increasing smartphone ownership in developing economies such as India, Nigeria and Indonesia. Second, increasing usage of data-intensive functions such as content streaming, social media and video calling on existing mobile devices. The continued growth in mobile data traffic is likely beneficial for digital infrastructure owners, telecommunications equipment providers, as well as chip producers and their suppliers.

Source: Ericsson Mobile Report, June 2021

Get a unique take on a current trend delivered to your mailbox every day.
Subscribe now

It is said that a picture paints a thousand words. Robeco’s Trends Investing team monitors markets closely. Every morning our trends experts collect the most relevant and intriguing graph or chart for you and present it with their commentary in the Daily Sketch. All graphics provided are collected from Bloomberg data or other public websites. They do not necessarily reflect the opinion of Robeco. Please cite all references or quote the original source if replicating content.
More about Trends Investing.

Subjects related to this article are:
Logo

Disclaimer

The information contained in the website is solely intended for professional investors. Some funds shown on this website fall outside the scope of the Dutch Act on the Financial Supervision (Wet op het financieel toezicht) and therefore do not (need to) have a license from the Authority for the Financial Markets (AFM).

The funds shown on this website may not be available in your country. Please select your country website (top right corner) to view the products that are available in your country.

Neither information nor any opinion expressed on the website constitutes a solicitation, an offer or a recommendation to buy, sell or dispose of any investment, to engage in any other transaction or to provide any investment advice or service. An investment in a Robeco product should only be made after reading the related legal documents such as management regulations, prospectuses, annual and semi-annual reports, which can be all be obtained free of charge at this website and at the Robeco offices in each country where Robeco has a presence.

By clicking Proceed I confirm that I am a professional investor and that I have read, understood and accept the terms of use for this website.

Decline