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Wireless

Mobility spending to rise 2.6% to USD 1.57 tln in 2017

Wednesday 1 March 2017 | 10:48 CET | News
Worldwide mobility revenues are set to hit USD 1.57 trillion in 2017, a 2.6 percent year on year rise, before growing at a steady compound annual growth rate (CAGR) of 2.1 percent to reach USD 1.67 trillion in 2020, according to the latest data from IDC. Connectivity services will represent the largest category of mobility spending in 2017 followed by consumer and enterprise purchases of phones, tablets, and portable PCs. Combined, connectivity and hardware will deliver more than 95 percent of all mobility revenues this year with roughly two thirds coming from the consumer market, said IDC.

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Categories: Mobile & Wireless
Countries: World
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