Global mobile data plan revenues is expected to grow at a compound annual growth rate (CAGR) of 9% and cross $102bn by 2016, according to a new study by ABI Research.
The research revealed that regionally, data plan revenue share among different device classes varies significantly.
In North America, data plans for smartphones forms the major share of revenue while in regions lacking fixed line access such as Eastern Europe and Latin America, connections to other computing devices constitute the majority share.
The research firm said that by 2016, smartphones will become the principal portion of each region’s mobile data plan revenues with over 50% share.
ABI Research practice director Dan Shey said increasing smartphone penetration rates among mobile enterprise customers are major drivers for data plan revenue growth.
"But connectivity for other devices such as tablets will become increasingly important and contribute significantly to overall connectivity revenues from the business sector," Shey said.
