According to DataIntelo’s latest research, the Mobile Data Traffic Market was valued at USD 54.7 billion in 2023 and is projected to reach USD 295.3 billion by 2030, growing at a CAGR of 27.6% during the forecast period (2023-2030). This remarkable growth is fueled by a surge in video streaming, online gaming, and cloud-based applications, creating a fertile ground for innovation and investment.