Report: Mobile connections growth rate will outpace revenue

The worldwide market for mobile broadband will generate revenues of $223 billion in 2015, driven by the surging uptake of smartphones, according to a new report from Ovum. However, the market research firm believes that revenue growth is not keeping pace with the number of mobile broadband connections, and stresses the need for operators to improve how they generate income from this source. The company highlights this split between revenues and number of devices by forecasting mobile broadband revenues will double in the period from 2010 to 2015 at a CAGR of 17 per cent, while total mobile broadband connections will increase at a CAGR of 28 per cent, reaching 3 billion by 2015. Article