7 billion mobile connections by 2014
Ovum has released results from its Global Telecoms Analyser survey, which provides a forecast of the telecoms market in 2010.
According to the research, globally the number of fixed lines will fall from one billion in 2010 to 871 million by 2014, with a reduction in revenue from $350 billion to $283 billion for the same period.
Although fixed line revenue will fall from decreased presence of fixed lines, broadband services (internet access, video and VoIP) will provide additional revenue.
Mobile phone connections will increase from 5.3 billion in 2010 to 7.1 billion in 2014, with the emerging markets of Asia and Africa contributing much of the growth. Revenue from mobile phone services will increase by nearly $100 billion in the three years to 2012.
“Globally, mobile is keeping telecoms buzzing,” John Lively, chief forecaster at Ovum. “In 2010, China and India alone will add 329 million new mobile phone connections, equivalent to more than the combined total population of Germany, France, Italy, Spain and the UK.”
Total telecoms revenues will grow by 6% in 2010 with a compound annual growth rate (CAGR) of 5% by 2014.