Global mobile industry revenues will reach US$1.9 trillion by 2015, says GSMA

By TelecomLead Team: Global mobile industry revenues are set to grow from US$1.5 trillion dollars in 2011
to US$1.9 trillion in 2015, according to GSMA Wireless Intelligence.

The study says that over the next four years, 2012
through 2015, the mobile industry will invest US$793 billion in capital and
contribute US$2.7 trillion to public funding1 across the globe.

The study reveals that by 2015 global mobile connection
will reach 9.1 billion from 6.6 billion in 2011. Also, the mobile number of
mobile subscribers will touch 4.6 billion by 2015.

As LTE is being adopted across the globe, the study
predicts that LTE connections will touch 353 million by 2015.

Furthermore, the study predicts that global mobile operator’s
revenues will be US$1.1 trillion dollars in 2015, against US $984 billion in
2011.

The data also predicts significant growth in mobile
industry employment; today, more than 8 million people around the world are
employed by companies in the mobile ecosystem, and by the end of 2015, mobile
industry jobs will grow to approximately 10 million. 

Beyond the global economic impact, mobile is a
significant factor in the growth of local economies. According to the World
Bank, a 10 per cent increase in mobile penetration drives a 0.6 per cent
increase in a developed country’s GDP and a 0.81 per cent increase a developing
country’s GDP. In low-to-middle income countries, a 10 per cent increase in
Mobile Broadband penetration yields a 1.4 per cent increase in GDP.

  The mobile communications industry is creating a
Connected Economy” across the globe, through network investment, job creation
and contributions to public funding. Clearly, as the economic indicators show,
the mobile industry is success story, particularly in light of the lingering
worldwide economic crisis,” said Anne Bouverot, director general, GSMA.

Mobile operators are focusing on several key areas that
will contribute to further industry growth. These include making continued
significant investments in Mobile Broadband and LTE technologies to connect the
world’s population to the Internet; accelerating the adoption of embedded
mobile technology to create the -Connected Life’; and driving the adoption of
SIM-based mobile NFC handsets and services to grow mCommerce.

Revenues and capex in US Dollars

editor@telecomlead.com