Global Mobile Market - Key Statistics and Trends 2014
Wireless services are a key area for telecoms industry growth in 2014 and industry players around the world are competing heavily for a lead position in these developments. The ongoing improvements in infrastructure have driven the continuing uptake of mobility and broadband around the world and in 2014 mobile broadband is in fact the fastest growth area for the overall telecoms sector. But increased usage has caused data traffic jams on the 3G networks as this infrastructure was not designed for the rapid increase in traffic over the last couple of years.
The release of 4G/LTE mobile broadband and growing uptake by consumers and businesses will certainly ease the issue in the short term - but as user uptake increases so will the amount of bandwidth consumed. Anticipation of the growing demand has resulted in LTE becoming the fastest developing mobile technology to date.
Despite the positive future ahead for the mobile sector it must also be acknowledged that many carriers are currently facing financial woes, with stagnating revenues, declining ARPUs and increasing competition from other types of players like Apple.
This BuddeComm report provides insights and statistics on the current global mobile market including both mobile voice and mobile broadband. It identifies key trends as well as exploring important markets for future opportunities.
A looming issue around the world is the allocating of mobile spectrum. The fact that businesses are knocking on the doors of their governments asking for spectrum is a clear indication that this telco real estate market is hotting up. It is no surprise that an industry which has become completely dependent upon on mobile technology developments for future growth is now beginning to float the idea of 5G infrastructure in the future.