Industry Analysis & Industry Trends
In the past five years, wireless communications have become essential to the day-to-day lives of the majority of the world's consumers, resulting in a surge in demand. The overwhelming majority of new wireless subscriptions over the period have emanated from emerging markets, particularly those of India, China and Africa. In contrast, markets in developed economies have reached saturation, preventing wireless carriers in these markets from achieving the subscriber growth rates of their counterparts in emerging economies, and instead leading them to focus on increasing per-user revenue. Industry growth is expected to continue in the next five years, as carriers complete fourth-generation network rollouts and benefit from booming demand for data services... read more
Industry SWOT Analysis
In both developed and emerging markets, the Global Wireless Telecommunications Carriers industry is in the mature phase of its lifecycle. Over the 10 years to 2020, industry value-added (IVA), which measures the industry's contribution to the global economy, is expected to grow at an annualized rate of 2.2%, as global GDP grows 5.2%. Although revenue is still growing in the developed world, growth rates are gradually contracting as markets approach saturation. In contrast, the industry is experiencing double-digit growth in emerging markets as subscriber numbers increase rapidly.
The industry is characterized by an extremely high rate of technological change and short technology life cycles... read more