2012 Global Mobile Industry Growth Driven by Data Consumption

Posted by Administrator in Magnolia Broadband

Created on Wed 18 July 2012 09:14

And tagged with: mobile data traffic , Global Mobile Industry on Track to Hit $1.5 Trillion by end of 2012

The global mobile industry revenue is on track to hit $1.5 trillion. Ity should be noted that industry revenues have tripled in the last 10 years. Mobile operator’s revenue reached a new milestone at the end of 2011. The total global mobile operator revenue exceeded $1 trillion for the first time. The operator profits have more than doubled in the last 10 years. The trifecta of fast broadband networks, well-designed mobile computing devices, and the insatiable supply of content, applications, and services has unleashed consumer demand for more like never before.  

If we look at the history of the mobile industry, the first generation was primarily focused on voice and this era persisted for a good 10-15 years before 2G messaging and very basic data services were introduced. A decade later, data services started to become more interesting as 3G networks enabled faster access speeds and new applications. When Apple released iPhone in 2007, followed by Google’s Android in 2008, the industry was turned on its head.  The implications  was apparent at the time, tthat these far-reaching new devices were foretelling how impactful DATA was becoming for people in both their work and play.   Today, data makes up the majority of all wireless devices usage.