ABI Research: Mobile Internet continuing to drive mobile service revenue in 2014

In the first quarter of 2014, worldwide mobile service revenue increased 0.58 per cent year-on-year to $264 billion (€200 billion) with aggregate service revenue for 2014 expected to increase by 2.9 per cent to $1.01 trillion. According to ABI Research, this growth will be mainly driven by the robust growth of the mobile internet market. Proliferating mobile data subscriptions and enhanced network capacity will drive global mobile internet service revenue to $456.7 billion by 2019--44.7 per cent of total mobile service revenue. Despite global service revenue growth, the Western European market is declining: in the first-quarter of 2014 service revenue declined 5.2 per cent year-on-year, according to the research company. Release