Global mobile data traffic grew 74% in 2015 and is projected to increase nearly eightfold by 2020 according to Cisco's annual mobile forecast. Key trends driving this growth include the rising number of mobile-connected devices, especially smartphones, which will account for nearly half of all devices by 2020. Video traffic continues to be the largest component, projected to be 75% of total mobile data traffic by 2020. 4G networks are also growing rapidly and will carry over half of mobile traffic by 2016, aided by increasing average connection speeds globally surpassing 3 Mbps by 2017.