During 2023–24, Jio’s portion of India’s total data traffic rose to almost 60% as confirmed by the annual report of parent firm Reliance Industries Limited.
Jio has gained a competitive advantage and guaranteed market share increases because of its early investments in digital and next-generation network technologies.
Jio’s Share of India’s Total Data Usage Rises to 60%
Mukesh Ambani emphasized that Jio’s provision of reasonably priced, fast 4G broadband helped turn India from a “Data Dark” to a “Data Rich” country.
Jio broke records by quickly rolling out a 5G network throughout India.
Demand for high-speed fixed broadband is predicted to rise after the deployment of next-generation fixed wireless networks, particularly in rural areas.
Additionally, Jio is rolling out locally made technology in India and intends to take them global.
In the quarter ending in March 2024, the business reported the highest average per capita data usage at 28.7 GB.
Driven by an increasing 5G user base and fixed broadband connections, Jio’s overall data traffic surged by 31% year over year to roughly 149 exabytes in FY 2023–2024.
With 481.8 million total subscribers, including 108 million 5G users and 12 million fixed broadband users, Jio dominates the Indian telecom market.
Currently, roughly 30% of its mobile data traffic is handled by the Jio True5G network.
Jio’s 5G Architecture
In India, Jio is the sole operator utilizing standalone architecture to bring out 5G. Jio is prepared to connect 100 million premises with digital solutions by developing fixed wireless access services and its deep fiber presence.
Long-term returns are threatened by potentially disruptive technological advancements and new competitors.
In addition, Jio is developing skills in cutting-edge fields including robots, artificial intelligence and machine learning, virtual and augmented reality, and natural language processing.
Jio, according to Ambani, will keep being essential to the development of India’s digital capabilities and infrastructure.
The announcement of the JioBharat phone, which supports the objective of a 2G-free India (2G-mukt Bharat) by providing a smartphone at the cost of a feature phone, was hailed as a revolutionary step towards closing the digital divide in India.
