According to latest forecasts from Informa Telecom's & Media, total mobile service revenues will exceed US$1 trillion in 2013, despite a projected fall in voice revenues. Growth in service revenues will be driven by data revenues rising to over US$330 billion that year, up from an estimated US$208 billion in 2008.
"The backdrop to this transition in the industry is the fact that the internet has started to dominate the landscape for new services and applications, and telecoms operators are under increasing pressure to remain valuable and relevant in the eyes of their end-users," says Mark Newman, Chief Research Officer at Informa Telecoms & Media.
"As this happens, the growth in data revenues is being spurred by the rise in take-up of more advanced technologies and mobile broadband services, as well as new handset interfaces and mobile content strategies based on application stores rather than walled gardens", Newman adds. Article