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. As a result, demand for the industry has surged with revenue following suit. Over the five years to 2014, revenue is expected to grow an annualized 4.2% to a staggering $1.5 trillion. In general, industry firms have adopted two primary strategies to grow revenue: growing subscriber numbers and increasing average revenue per user (ARPU). These strategies are largely dependent on the domestic economies in which firms operate.
The overwhelming majority of new wireless subscriptions over the past five years have emanated from emerging markets in Asia, particularly those of India and China... read more
The Global Wireless Telecommunications Carriers industry has grown rapidly over the past five years. The number of wireless applications has increased considerably, making the cell phone an even more important personal and business tool. This increasing utility has propelled demand for wireless services in developed economies, while growing disposable incomes and greater accessibility to wireless services such as voice and SMS have boosted demand from emerging economies. Meanwhile, the price-eroding effects of increased competition have facilitated growing demand for industry services in both markets. As a result, industry revenue is expected to expand over the five years to 2014, growing 4.2% per year on average to $1.5 trillion... read more