The latest stats and facts on the global telecoms market reported by Australian telecommunications analyst Paul Budde reveal that growth in the industry is driven by mobile broadband, M2M, Cloud computing; OTT services and Big Data management – and fixed broadband is also making headway with the majority of countries now having a national broadband network plan or policy in place.
And, as Budde reports, there were over 7.1 billion mobile subscriptions in 2014 (including multiples) and Asia Pacific accounted for the majority of these, followed by Europe.
According to Budde, the adoption of mobile broadband in the developing world “has been nothing but spectacular”, with growth rates averaging 38% CAGR, and there are now around 3.1 billion Internet users, and around 25% of these will have access to fixed broadband.
And, just to reinforce what Paul Budde says about connectivity, as I am writing this the Melbourne airport Skybus paused at the traffic lights opposite my apartment with a message painted on the side: “Stay Connected, Free Wi-Fi on board”!
Other stats on the telecoms and communications market worldwide reported by Budde include:
• Mobile broadband access using the 3G and now the 4G/LTE networks has continued to expand as users continue to add tablets, modems and phones to use alternative communication methods and cloud based services
• In the longer term, with the increase in connected devices and the increased availability of mobile devices such as tablets and smartphones, the amount of mobile data downloaded is likely to at least double yearly for the next few years
• With more and more video applications being used and initiatives around M2M and the Internet of Everything is beginning to increase there is a widespread interest in upgrading to higher-speed services
• The telecommunications sector is the largest user of outsourcing services globally
• Wireless devices are soon to overtake wired devices in terms of IP traffic and in 2016 will account for over 50% of Internet traffic
• In 2015 satellite services were leading growth in the satellite sector, driven by consumer uptake of satellite television services in particular.
To read more of the Budde report on the telecoms market click here.