Global telecoms services hit €1.4tr

The worldwide telecoms market is on track to be worth €1.4 trilion (US$2 trillion) this year, according to a Gartner report.

The report also said the Asia Pacific telecoms market is set to surpass North America this year, growing 8% to €361.1 billion (US$513.1 billion).

The fastest growing region is the Middle East and Africa, with a predicted CAGR of 8.6% between 2007 and 2012, Gartner said.

The decline in fixed line services is forecast to continue, with mobiles expected to outnumber fixed lines by at least a 4:1.

While revenue from mobiles is increasing - and is expected to top €703.68 billion (US$1 trillion) by 2010 - Gartner predicted that the mobile voice market will stagnate as a proportion of the market by 2012.

Data services in the legacy sector are now outgrowing both mobile and fixed-line services.

Asia-Pacific smartphone market meanwhile has declined 4.6% despite average worldwide increases of 15.7%.

Suggested Articles

Wireless operators can provide 5G services with spectrum bands both above and below 6 GHz—but that doesn't mean that all countries will let them.

Here are the stories we’re tracking today.

The 5G Mobile Network Architecture research project will implement two 5G use cases in real-world test beds.