Global telecom revenue will reach USD 1.7 Trillion by 2017 mainly due to rise in data usage and rise in penetration of smartphones and broadband services, according to a new report by Pablo Iacopino from (Analysys Mason).
Key Highlights
"...the global market for telecoms services generated retail revenue of USD1.54 trillion in 2012, of which around two-thirds was from developed markets – North America (NA), Western Europe (WE), Central and Eastern Europe (CEE) and Developed Asia–Pacific (DVAP) – and around one-third from emerging markets – Emerging Asia–Pacific (EMAP), Latin America (LATAM), Middle East and North Africa (MENA), and Sub-Saharan Africa (SSA)..”
"....retail revenue worldwide will grow at a 1.7% CAGR during 2012–2017, with growth in mobile (3.2%) more than offsetting a decline in fixed (–0.6%)"
"Revenue in emerging markets will grow at a CAGR of 5.3% during 2012–2017, which will more than offset the decline in WE (–1.3%), while revenue will be nearly stable in CEE (–0.2%), DVAP (–0.3%) and NA (+0.2%)"
"Around two-thirds of global revenue growth will come from Emerging Asia–Pacific, and around 20% from Latin America (see Figure 1). Three countries will account for about 60% of global revenue growth – China (40%), India (12%) and Brazil (8%)"
Source - Analysys Mason (April 12, 2013)