Saturday, July 15, 2023

Mobile Services Now Drive as Much as 82% of Total Global Connectivity Revenue

These days, global connectivity provider revenue growth is driven by mobile operator performance, as mobile services generate as much as 82 percent of total connectivity provider revenues globally. So mobile revenue growth rates are tantamount to global industry growth rates.


According to the GSMA, mobile revenue growth rates have slipped into a two-percent annual growth rate pattern overall since about 2007, with developing market growth rates about double those of developed markets since that time. 


Date

Global

Developed Market

Developing Market

2000

6.7%

3.8%

10.8%

2001

5.2%

3.0%

8.1%

2002

4.2%

2.6%

6.5%

2003

3.7%

2.4%

5.7%

2004

3.2%

2.1%

5.0%

2005

2.7%

1.8%

4.3%

2006

2.2%

1.5%

3.7%

2007

2.0%

1.4%

3.3%

2008

1.7%

1.2%

2.9%

2009

0.9%

0.6%

1.8%

2010

1.2%

0.8%

1.9%

2011

1.5%

1.0%

2.4%

2012

1.8%

1.2%

2.8%

2013

1.9%

1.3%

2.9%

2014

2.0%

1.3%

3.1%

2015

2.1%

1.4%

3.2%

2016

2.2%

1.5%

3.4%

2017

2.3%

1.6%

3.5%

2018

2.4%

1.6%

3.7%

2019

2.5%

1.7%

3.8%

2020

2.6%

1.7%

3.9%

2021

2.7%

1.8%

4.0%

2022

2.8%

1.9%

4.1%

2023

2.9%

2.0%

4.2%


Mobile segment growth rates far outstrip fixed network growth rates, as well, according to GSMA figures. Sure, there are many segments within the global business. But none of those can drive overall industry revenues.  For better or worse, industry revenues and profits now hinge on mobility services.


Date

Mobile Growth Rate

Fixed Network Growth Rate

2000

10.5%

5.5%

2005

12.5%

4.5%

2010

10.5%

3.5%

2015

8.5%

2.5%

2020

6.5%

1.5%

2025

4.5%

0.5%





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