The
number of total connected devices is expected to increase from approximately 9
billion today to more than 24 billion in 2020, and within that, mobile
connected devices will grow 100 per cent from more than 6 billion today to 12
billion in 2020.
This
explosive growth will support an addressable revenue opportunity for mobile
operators of nearly US$1.2 trillion by 2020, a sevenfold increase from expected
revenues in 2011, and will also provide significant growth potential for the
entire ecosystem, according to GSMA.
“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.
“In
this new Connected Life, mobile will transform society and will have a profound
effect on the way we interact not only with each other, but also with our
surroundings. However, capitalising 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,” O’Hara added.
The
sectors that will benefit from this collaboration include the consumer
electronics industry, which could generate direct revenues of US$445 billion;
the automotive sector, which could generate US$202 billion in revenues; the
health sector, which could see growth of US$69 billion; and the utilities
sector, which could see an additional US$36 billion in revenue by 2020.
Mobile
operators can benefit from this important 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.
Mobile
operators are uniquely placed to work in partnership with other industries to
enable this opportunity because they provide ubiquitous network connectivity;
deliver proven customer care, billing and distribution capabilities; and
represent a trusted brand for consumers and businesses
By
Telecomlead.com Team
editor@telecomlead.com
