View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Networks
August 25, 2014

Mobile Internet contributes 31% of global mobile service revenue

The aggregate service revenue to reach $1.01trillion by the end of the year.

By CBR Staff Writer

Global mobile service revenue rose by 0.58% during the first quarter of 2014 to $264bn, a new report revealed.

Mainly driven by the robust growth of the mobile Internet market, the aggregate service revenue is anticipated to rise by 2.9% to $1.01trillion, ABI Research noted.

According to the report, thriving mobile data subscriptions and enhanced network capacity are anticipated to drive global mobile Internet service revenue to $456.7bn by 2019, contributing to 44.7% of the overall mobile service revenue.

ABI Research research analyst Marina Lu said: "Facing continued price pressure driven by the competitive mobile market, mobile carriers have had to take on higher subscriber retention and acquisition costs to support their market positions.

"This has affected profitability."

Despite rise in the global service revenue, the Western European market declined 5.2% during the 1Q14, with the major European carriers such as Vodafone, Telefnica, T-Mobile, and Orange experiencing gross profit drops, while North American mobile carriers reporting a positive stance for gross profit.

For the first time, Verizon Wireless surpassed China Mobile and grabbed the top position for most profitable mobile carrier during the quarter, trailed by China Mobile and AT&T respectively.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Further, Verizon also attained second position for quarterly gross profit per subscriber at $77.1 during the quarter.

ABI Research core forecasting VP and practice director Jake Saunders said: "Japan and South Korea mobile operators have spared no effort to boost mobile data usage, expecting monthly data traffic per wireless subscriber will reach 12 Gigabytes in 2019.

"Global mobile data traffic will reach 260.8 Exabytes by 2019, nearly a six-fold increase on 2014."

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU