Global Mobile Revenues Exceed US$667 Billion in 2006, says Pyramid Research
Mobile global subscribers have grown at a 15% CAGR
between 2001-2006 and global mobile revenues have seen a similar 18% CAGR,
exceeding US$667 billion in 2006, says Pyramid
Research. According to Strategy Analytics, Worldwide cellular
service revenues expected to
hit
$800 Billion by 2010.
The total number of cellular connections in the world reached 2.5 billion, having passed through the 2 billion mark just 12 months ago, according to estimates from Wireless Intelligence - the venture between Ovum and the GSM Association.
Worldwide factory revenue from production of mobile phones will decline to $109.7 billion in 2006, down 4.7 percent from $115.1 billion in 2005, which represented the historic high for the market, according to iSuppli. Revenue growth will resume in the subsequent years, but only by single-digit percentages. By 2009, revenue will recover back to its 2005 level of $115.1 billion.
