Total mobile network traffic surges triple digits, according to Verizon’s first-ever Consumer Connections Report
March 11 2024 - 9:30AM
In just five years, total mobile network traffic has skyrocketed
129%, underscoring the critical importance of reliable connectivity
in today’s digital age. Verizon’s inaugural Consumer Connections
Report analyzes data that highlights consumers’ increased
dependence upon connectivity by examining the most popular apps,
and paints a robust picture of state-to-state population flows and
consumer data usage within cities across the United States. Key
findings include:
There’s a growing demand for seamless connectivity - at
home or on the go
- City-level monthly mobile smartphone usage grew
34%, increasing from an average of 11.5GB per line in
January 2022 to 15.5 GB per line in November 2023
- Home Internet subscribers on Verizon’s 5G and LTE Home
grew to nearly 1.9 million consumers at the end of
2023, a year-over-year increase of 111%
Video reigns supreme - dominated by two of today’s
hottest apps
- 47% of consumer mobile traffic was devoted to
video in the second half of 2023,
according to third-party data sources
- Video-sharing platforms dominated in time spent daily
on the app and weekly mobile usage, in looking at the most
popular apps
Consumers are moving in search of lower costs and more
space
- Moving across state lines peaked in 2021,
according to the number of Verizon accounts that started the year
in a state and then left for a different state during the year
- Consumers are leaving New York and California
for warmer climates, lower costs of living and more space, in
looking at the most popular state-to-state moves in 2023
- The most frequent state-to-state moves out of New York
were New York to Florida, New York to New Jersey, and New York to
North Carolina. The most frequent state-to-state moves
out of California were California to Arizona and California
to Texas
Verizon’s Consumer Connections Report was designed to provide a
view into how connectivity is influencing and improving the way we
live, work and play. Verizon used several sources of information to
develop the report including aggregate information obtained from
trusted partners and third parties and de-identified and aggregate
information about customer usage of Verizon’s connectivity
services. The research provides insights about consumers, their
interests, and the ways in which we can continue to connect people
to the people and things they need and love most.
For more information or to download the full report, visit
verizon.com/consumertrends.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed in
2000 and is one of the world’s leading providers of technology and
communications services. Headquartered in New York City and with a
presence around the world, Verizon generated revenues of $134.0
billion in 2023. The company offers data, video and voice services
and solutions on its award-winning networks and platforms,
delivering on customers’ demand for mobility, reliable network
connectivity, and security.
VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media
contacts and other resources are available at verizon.com/news.
News releases are also available through an RSS feed. To subscribe,
visit www.verizon.com/about/rss-feeds/.
Media contacts:
Adria Tomaszewskiadria.tomaszewski@verizon.com Marnie
Baddockmarnie.baddock@verizon.com
Verizon Communications (NYSE:VZ)
Historical Stock Chart
From Mar 2024 to Apr 2024
Verizon Communications (NYSE:VZ)
Historical Stock Chart
From Apr 2023 to Apr 2024