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.

Pyramid found that despite the influence of drivers for consolidation of the market at the global level, the mobile telephony space has continued to spark the interest of alternative operators, leading to an overall increase in the average number of national operators. The Insight also found that the concentration of market share at the country level has decreased, suggesting a fragmentation of monopolistic or duopolistic markets.

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.

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