Skip to main content

BRIC Countries Drive Mobile Subs Demand


1.37 billion new subscribers will be added to global mobile networks worldwide between 2005 and 2010 according to Pyramid Research�s latest mobile forecasts. Brazil, Russia, India and China, collectively know as the �BRIC� countries, will have an estimated 645m new subscribers � 42 percent of the world total. Interestingly, two other very populous countries � Indonesia and the United States � will each add more subscribers than Brazil over the next five years, although much less attention is being focused by the international vendor community on these markets.

�Given the fact that mobile penetration has reached saturation in Western Europe and developed Asia, it is no surprise that market players are seeking future growth opportunities for their businesses in fast growing developing markets. Vendors, in particular, are looking with a keen eye at four of the most populous countries in the world for the sale of their infrastructure and terminal equipment,� states Pyramid Research senior analyst Nick Holland.

Popular posts from this blog

Global Rise of Domestic Payment Ecosystems

Alternative Payment Methods (APMs) – comprising digital wallets, instant payments, and QR payment systems – are experiencing explosive growth that's reshaping the global financial services marketplace. According to the latest worldwide market study by ABI Research , the combined global transaction value for APMs is projected to reach $142 trillion by 2030. What's particularly fascinating is the underlying driver behind this trend: a growing desire for financial sovereignty, with nations developing domestic payment ecosystems rather than remaining dependent on international financial networks. Payment Ecosystem Market Development In 2024, approximately 45 percent of the global population used digital wallets – a remarkable adoption rate for a technology that barely existed a decade ago. China leads this transition, with 95 percent of its population using WeChat's payment functionality. WeChat exemplifies the "super app" phenomenon, where payment capabilities are in...