Research and Markets: by 2016, Smartphones Are Expected to Account for 90.8 Percent of All Handsets Sold in the U.K., Driv

DUBLIN--(BUSINESS WIRE)-- Research and Markets(http://www.researchandmarkets.com/research/86af77/the_united_kingdom) has announced the addition of the "The United Kingdom Telecom Intelligence Report: Content and Connectivity Provide Growth Opportunities for UK Telcos" report to their offering.

The mobile penetration rate in the U.K. is expected to reach 152.8 percent (or 98 million subscriptions) by 2016, which will be driven by the growth in data card adoption and M2M service uptake, says Olena Kaplan, Associate Analyst at Pyramid Research. Pyramid Research expects smartphone adoption to increase by 40 percent by 2016, up from 50 percent in 2011. The growing demand for simultaneous data access by multiple devices, which will be met by 4G technology following the 4G license auction in 2012, will result in mobile data service revenue reaching 7.7 billion ($11.7 billion) by 2016, she adds.

The service revenue decline seen in 2010 will continue, with the UK market accounting for 34.7bn ($53.8bn) in service revenue in 2011. The introduction of MTR cuts in April 2011, together with the EU reduction of roaming prices, will result in mobile voice declining at a CAGR of -2.73% (-3% in USD) in local currency terms over the forecast period. The growing popularity of Internet access, combined with the growing affordability of high-speed broadband, will result in broadband service revenue growing at a CAGR of 4.53% in local terms, reaching 5.1bn ($7.8bn) by 2016. The government's high-speed broadband initiative will further assist the expansion of the network. The growing demand for simultaneous data access by multiple devices, which will be met by 4G technology following the 4G license auction in 2012, will result in mobile data service revenue reaching 7.7bn ($11.7bn) by 2016, demonstrating the expansion at a CAGR 2.18% of in local terms (1.9% in US).

For more information visit http://www.researchandmarkets.com/research/86af77/the_united_kingdom

Source: Pyramid Research, Inc.

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KEYWORDS:   United Kingdom  Europe

INDUSTRY KEYWORDS:   Technology  Internet  Mobile/Wireless

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