News
Mobile worth $1 trillion this year
Tim Green Mar 5 2008, 11:38am
The worldwide mobile industry will be worth $1 trillion by the end of the year. Yep, that’s $1 trillion.
Portio Research’s report ‘Slicing Up The Mobile Services Revenue Pie’ also says the number of mobile subscribers will grow from 3.1 billion at the end of 2007 to an estimated 5 billion by 2012. It predicts non-voice Value Added Services (VAS) could be worth a quarter of a trillion dollars by 2012.
Meanwhile handset shipments, which passed one billion units for the first time in 2007, will continue to rise. And the proportion of high-end devices will increase too. . The number of mobile TV subscribers is predicted to be 488.8 million by the end of 2010.
The report also delivers intriguing geographical statistics. For example, the US market, which accounted for only 6.7 per cent of worldwide data services revenues in 2004, could contribute 27.8 per cent by 2012. Conversely Asia Pacific will contribute 38.6 per cent, down from 50.9 per cent in the same time frame. This is a reflection of the difference in levels of ARPU between these two geographical regions.
