The GSMA, in partnership with Machina Research, released research that indicates the number of mobile connected devices will double from more than 6 billion today to 12 billion in 2020-supporting an addressable revenue opportunity for mobile operators of nearly $1.2 trillion by 2020.
"We are entering the next phase in the development of the mobile industry, one where we will see mobile connect everything in our lives," said Michael O'Hara, chief marketing officer, GSMA. "However, capitalizing on this enormous opportunity requires collaboration across the entire ecosystem to demonstrate how mobile technology in everything from tablet PCs to new healthcare devices can enhance people's personal and business lives."
Mobile operators can capitalize on this revenue opportunity by addressing key areas of the value chain such as service provision and system integration as well as collaborating more closely with vertical industry sectors to provide compelling new services to their customers.
The sectors that will benefit from this collaboration include the consumer electronics industry, which could generate direct revenues of $445 billion; the automotive sector, which could generate $202 billion in revenues; the health sector, which could see growth of $69 billion; and the utilities sector, which could see an additional $36 billion in revenue by 2020.
For more:
- see this release
Related articles:
Which road will the connected car take?
Carriers disagree over definition, metrics for embedded wireless
NPD: AT&T leads in tablets, Verizon Wireless leads in other connected devices
iPhones, LTE and connected devices drive carriers' Q2 results