GITNUX MARKETDATA REPORT 2024

Us Telecom Industry Statistics

The US telecom industry statistics indicate a steady increase in mobile and internet usage, with a growing trend towards subscription-based services and continued infrastructure investments.

Statistic 1

"U.S. Telecommunication industry revenue amounted to approximately 335.6 billion U.S. dollars in 2020."

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Statistic 2

"As of 2020, AT&T is the leading telecommunication provider in the U.S, with revenues over 170 billion U.S. dollars."

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Statistic 3

"There were approximately 7,798 radio stations active in the U.S as of 2020."

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Statistic 4

"The mobile wireless connections in 2019, across the U.S. reached over 421.7 million."

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Statistic 5

"The U.S. wireless telecommunications industry has nearly $475 billion in annual economic impact."

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Statistic 6

"In 2019, the average revenue per user for wireless carriers in the U.S. was $39.66/month."

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Statistic 7

"In 2020, over 72% of U.S. adults owned a computer or laptop."

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Statistic 8

"In 2020, mobile data traffic in the U.S. increased by around 38 percent from 2019."

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Statistic 9

"The U.S. telecommunications industry is expected to spend $53 billion on data processing, hosting, and related services in 2022."

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Statistic 10

"The U.S. telecommunications equipment manufacturing industry, inclusive of audio and video equipment, have an estimated combined annual revenue of $127 billion."

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Statistic 11

"The Internet penetration rate was at 91.5% in the U.S in 2021."

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Statistic 12

"As of late 2022, the total number of wireline (landline) subscriptions in the U.S was just under 85 million."

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Statistic 13

"In 2020, around 41.5 billion voice calls were made by wireless subscribers using mobile applications."

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Statistic 14

"By 2023, mobile apps are projected to generate over $935 billion in revenues via paid downloads and in-app advertising."

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Statistic 15

"Verizon had approximately 94.15 million wireless customers in 2020."

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Statistic 16

"With over 388 million Internet users, the U.S. is the third-largest online market worldwide in 2021."

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Statistic 17

"Broadband internet coverage in rural areas of the U.S. improved from 92% in 2016 to 98% in 2020."

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