The evolution of mobile services has brought about immense changes to our world, and it promises to be a key to future transformation. The global mobile broadband industry has become an incredible spectacle to observe, from the many competitors vying for position; the amazing apps streaming into the market; the introduction of new devices and a looming spectrum and infrastructure crunch we finally have a mobile broadband sector worth talking about.
Mobile penetration, however, continues to vary widely throughout the world. In Europe, nearly 80% of the population were unique mobile subscribers at the end of 2014, while in Sub-Saharan Africa the figure was only 39%. But the developing regions are where we will see most growth in the years to 2020.
Mobile broadband access using the 3G and now the 4G/LTE networks has continued to expand as users continue to add tablets, modems and phones to use alternative communication methods and cloud based services. In the longer term, with the increase in connected devices and the increased availability of mobile devices such as tablets and smartphones, the amount of mobile data downloaded is likely to at least double yearly for the next few years.
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.
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.
Data mining will be the next driver of mobile revenue; Mobile operators need to rethink their business models; For new ideas, the industry should look towards the OTT players; 5G will be the next development in mobile technology; The allocating of mobile spectrum is a looming issue around the world.