Study: 5.3 billion customers to generate $1 trillion in revenues
January 7 2009 - 12:20 pm ET | RCR Wireless News
Global mobile revenues are expected to exceed $1.03 trillion by 2013, generated by more than 5.3 billion subscribers, according to a new study from Informa Telecoms & Media.
At the end of 2007, the mobile industry recorded revenues of about $769 billion and served about 3 billion customers, said the firm.
Most of the subscriber growth during the period will come from markets in Asia Pacific, Africa and Latin America, said Informa. Half of the expected 1.9 billion global net adds will come from India, China, Indonesia, Brazil and Russia. Mature markets like North America and Western Europe will contribute only 8% of the global net adds, said the firm.
Voice revenues will continue to be the predominate revenue generator in 2012, but will see slowing growth and even a decline starting in 2010, said Informa. Data revenues are expected to double from $148 billion in 2007 to $347 billion in 2013, representing about one-third of mobile revenues.
