Industry Analysis & Industry Trends
Over 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
Over the past five years, the industry has shifted away from its traditional product (i.e. voice telephony) toward high-margin data services. While this shift is much more prominent in the developed world, data services are expected to increasingly cement themselves as the industry's main product moving forward. Indeed, fourth-generation (4G) networks are IP-based networks, on which data is organized and transmitted in packets, and will eventually make no distinction between voice and data transmission.
Voice telephony services account for 48.0% of revenue... read more