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Nigeria’s smartphone ownership rises to 75%, reshaping digital economy

Nigeria is rapidly becoming a mobile-first economy as smartphone penetration rises to 75 percent from 64 percent in 2023... read more Nigeria’s smartphone ownership rises to 75%, reshaping digital economy

Nigeria’s smartphone ownership rises to 75%, reshaping digital economy

Nigeria's smartphone ownership has surged to 75%, as mobile devices become essential for accessing digital services, according to a KPMG study. Conducted in collaboration with Orange Group Nigeria, the nationwide analysis surveyed 13,251 people across 12 major cities, revealing a shift from feature phones to internet-enabled devices.

This growth is attributed to Nigeria's youthful population, improved connectivity, and lower smartphone prices. The transition is enabling economic participation, innovation, and enterprise. Meanwhile, internet usage in Nigeria has also expanded, with 157 million subscribers and data consumption exceeding 1.5 million terabytes. However, challenges remain, including infrastructure limitations, affordability issues, digital literacy gaps, and cybersecurity concerns.

Despite these challenges, smartphone usage continues to rise, contributing to digital growth in areas such as finance, commerce, and transportation.

Written by urgent.news from Nairametrics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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