Global Mobile Connections to Surpass 3 billion in 2007: Wireless Intelligence
The next half billion connections will take 16 months to build and the market will cross the 3 billion threshold in December 2007. GSM will grow from 2.14 billion connections at the end of 2006 to 2.47 billion by the end of 2007.
During the calendar year 2007, growth of 409 million connections is predicted, which represents an annual market growth rate of 15%.
India has overtaken as the fastest growing major market, adding nearly 6 million connection a month. Quarterly net additions in India tripled from mid-2005 to the end of 2006.
The biggest region will remain Asia-Pacific, accounting for over 1.2 billion connections by the end of the year. This is a growth rate of 20% and it also accounts for 40% of the world's growth for the year, noted the research firm.
During 2007, world market penetration will rise from an estimated 41% at the end of 2006 to 47%, which does not mean that nearly half of the world's population will own a phone because of unused SIMs and multiple device ownership, noted Wireless Intelligence.
Going by the connections will overstate the market penetration of real users in the world by up to 20%. That means that the real penetration for the world market may be close to 33%.