Thursday, April 12, 2012

Mobile and Broadband Spending by Consumers Will Grow 18% in 2012

Overall U.S. communications and media spending by consumers, marketers and institutions is expected to reach $1.4 trillion by 2015, giving it a compound annual growth rate of 5.7 percent, according to a new forecast from the private equity firm Veronis Suhler Stevenson. That’s substantially faster than GDP, which has a projected CAGR of 4.4 percent over that period, the report suggests.

The fastest growth by far is in consumer Internet and mobile services, expected to grow 18 percent in 2012.

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