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Wireless

Ovum predicts mobile service revenue decline from 2018

Thursday 10 October 2013 | 14:57 CET | News
Mobile operators need to prepare for the first contraction in the industry's history, according to new forecasts from Ovum. The market researcher expects global mobile service revenues to decline for the first time in 2018, as customer growth slows and ARPUs decline. Over the period 2012-2018, global mobile connections are expected to show a CAGR of 4 percent, to reach 8.1 billion at the end of the period. Annual mobile service revenues will rise over the same period from USD 968 billion to USD 1.1 trillion. The decline will set in the last year, with revenues falling by 1 percent or USD 7.8

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Categories: Mobile & Wireless
Countries: World
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