Research firm Ovum previously predicted that global mobile services revenues would breach US$1 trillion in 2010; ho...
June 30, 2009
Research firm Ovum previously predicted that global mobile services revenues would breach US$1 trillion in 2010; however, due to macro-economic conditions it now expects this barrier to be broken in 2011.
The greatest impact of recessionary forces is seen in the short term. Ovum has revised its revenue forecasts for 2009 down by 9% compared to its previously published figures, yet by 2013 the difference is just 1.7% lower.
“The recessionary impact will be relatively muted compared to other industries, and mobile is expected to recover strongly from 2011”, says Steven Hartley, senior analyst at Ovum and author of this study. “By 2014 Ovum expects total operator service revenues to reach $1,114 billion.”
Voice will continue to be the largest revenue generator worldwide, accounting for 69% of revenues on a global basis and for no less than 60% in any region in 2014.