Saturday, January 16, 2010

Cellular $1 Trillion Revenue

Cellular Revenue: $1 Trillion by 2013

Informa Telecoms & Media predicted this week that revenue from mobile services will surpass the $1 trillion mark in 2013.

Informa predicts nearly half of the world’s 6.7 billion mobile users will be using some combination of 3G and 3.5G+ technologies by 2014. Furthermore, Informa projects that by the end of 2014, 3.5G+ technologies, such as WiMAX and LTE, will represent over a third of the total number of subscriptions.

Informa says that 2G is currently used by 90-percent of the world’s wireless subscribers.

According to Informa, data revenues will total over US$330 billion for the mobile and wireless industry in 2013, up from an estimated US$208 billion in 2008. The growing number of data services will offset lost voice revenues, creating a new revenue earning potential of $1 trillion in 2013, says the research company.

Global telecom revenues will top US$3.7 trillion annually within five years, according to Insight Research Group. Insight predicts 62% compound growth for wireless broadband revenues through 2015 with a more moderate 6% gain for its fixed equivalent.

source : dailywireless.org

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