Mbps is the measure of data transfer rate measured as (Mb). Generally used in communications and data technology to measure speed of data transfer. Mbps indicates transfer of one million bits or 1,000 kilobits of data per second. A megabit is approximately one eighth size of a megabyte.
String of 8 bits constitutes 1 byte. Any characters, symbol or punctuation mark is denoted by 8bits.
1 byte = 8 bits
1 kbps = 1000 bits
1 mbps = 1000 kilobits
1 gbps = 1000 megabits
Megabit can be defined as 1,048,576 (that is 2^20) bits which is used to describe data storage. Whereas, to measure data transfer rate, one Mb is equivalent to 1,000,000 bits.
Mbps and MBps (Megabytes per Second) are two different measurements. For instance, your broadband connection gives the speed in Mbps (Megabits per Second), whereas, MBps (Megabytes per Second) is used to measure the size of your file.