Global Market for Consumer Telecommunications to Reach US$2 Trillion by 2012
Jul 14, 2008
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Revenue from consumer telecommunications will grow at a steady annual rate of about 5.7%, on average, over the next 5 years, reports In-Stat. The strongest growth will be in the broadband and pay TV sectors, but 60% of total revenue will be derived from consumer mobile services.
“The digital divide will continue to grow. By 2012, broadband penetration in developed countries will exceed 85%, while developing countries languish at less than 10% penetration” says Keith Nissen, In-Stat Analyst. “Over the next five years, 150 million PSTN lines will be eliminated; yet total voice revenue worldwide will remain steady. The ME/AFR and CALA regions will experience high mobile subscriber growth. Mobile operators in developed nations must look to new 3G applications and bundled services for increased ARPU. Despite the anticipated rapid growth of telcoTV services, in 2012, 73% of total pay TV households worldwide will still be cable TV service subscribers.”
The report also found that:
• The number of VoIP subscribers will more than double in the next 4 years.
• 2008 is the year that revenue from Pay TV services surpasses revenues from fixed voice services.
• By 2012 broadband revenue will be getting close to fixed voice service revenue.
• While the Middle East and Africa region has the highest growth rate, the Asia-Pac region will be by far the largest market in 2012.
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