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Global Mobile Revenues Predicted to Surpass $1 Trillion by 2012 Says New Report - ReportBuyer.com, the online destination for business intelligence for major industry sectors, has added a new report
Global Mobile Revenues Predicted to Surpass $1 Trillion by 2012 Says New Report

 

NewswireToday - /newswire/ - London, United Kingdom, 2010/04/16 - ReportBuyer.com, the online destination for business intelligence for major industry sectors, has added a new report.

   
 
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The report “Global Mobile Communications” report provides valuable insights and analysis into the trends and developments taking place in the dynamic mobile communications sector. The report comprises global and regional statistics and information on mobile growth, including 3G and the prepaid market.

According to the 165 page report, the resilient mobile industry is still growing despite the challenges and overall global mobile revenues are predicted to reach over $1 trillion around 2012. MVNO (mobile virtual network operator) subscribers will account for around 2-3% of all mobile subscribers worldwide in 2010. Around the world there is a varying degree of how many minutes on average a mobile user spends per month - with Hong Kong and India having some of the highest usage in the world. Handset sales rebounded in Q4 2009, recording a positive growth of at least 10%.In 2010 there will be an estimated 3.5 billion prepaid subscribers worldwide with the majority of prepaid users residing in Asia Pacific.

The rapid uptake of mobile technology must be highlighted as an outstanding phenomenon that has forever changed society. Despite the challenges of the current industry environment; mobile subscriber growth continues with the emerging markets leading the way. While the industry is coping with a number of key issues, including the economic downturn, saturation of developed markets and spectrum concerns - it is still expected that in 2011 there will be over 5 billion mobile subscribers worldwide.

In early 2010, 3G subscribers accounted for around 13% of all mobile subscribers worldwide and it is full steam ahead for one of the largest emerging markets - China, which is benefiting from huge investments in 3G network deployment. India also continues to work on 3G licensing arrangements despite the regulatory battles that have hindered development. The business case for 3G is building around the world and most 3G deployments now rollout smoothly in contrast to the many problems experienced in early years.

While the number of mobile subscribers continues to grow worldwide; the industry is still grappling with declining ARPU. The economic downturn is not the only factor driving down ARPU; the increasingly competitive market involving price wars and new service developments and the tendency for mobile subscriber growth to mainly come from the low-income emerging markets are all playing a part.

Report Buyer is the independent online store for global business information. The website now lists more than 120,000 company overviews, market research reports, industry studies and business books from over 300 specialist publishers. Thousands of professionals from across the world make ReportBuyer.com their first choice in their search for quality business insight.

 
 
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Global Mobile Revenues Predicted to Surpass $1 Trillion by 2012 Says New Report

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