Skip to main content

Africa & Latin America Lead Mobile Upside

Pyramid Research released its Q3 2007 Mobile Demand and Mobile Data Forecasts for more than 90 markets globally.

Based on continued strong growth in emerging markets, they have raised their year-end 2007 expectation for mobile phone subscriptions from 3.26 billion in the Q2 2007 release of their forecast to 3.3 billion.

The result is a 1 percent increase in Pyramid's expectation for global mobile penetration at the end of 2007, from 50 percent previously to 51 percent in their Q3 2007 release.

Per their latest forecast release, they expect mobile phone operators to generate a combined $760 billion in 2007, up from $669 billion in 2006. Going forward, they expect global mobile penetration to top 69 percent in 2012, with 4.7 billion subscribers generating $1 trillion in service revenue for operators worldwide.

Between 2007 and 2012, the number of mobile phone subscriptions will increase from 3.3 billion to 4.7 billion, a compounded annual growth rate of 7.5 percent.

Africa and the Middle East as well as Asia will account for the biggest subscriber gains, while Western and Eastern Europe will see its share of the global subscriber base shrink.

By 2012, more than two-thirds of the world's population will have a mobile subscription, up from half in 2007 and only a third in 2005.

Of the twenty fastest-growing mobile phone markets in the world, all but three come from either Africa or Latin America.

Popular posts from this blog

Industrial and Manufacturing Technology Growth

In an evolving era of rapid advancement, market demand for innovative technology in the industrial and manufacturing sectors is skyrocketing. Leaders are recognizing the immense potential of digital transformation and are driving initiatives to integrate technologies into their business operations.  These initiatives aim to enhance efficiency, reduce costs, and ultimately drive growth and competitiveness in an increasingly digital business upward trajectory. The industrial and manufacturing sectors have been the backbone of the Global Networked Economy, contributing $16 trillion in value in 2021. Industrial and Manufacturing Tech Market Development   This growth represents a 20 percent increase from 2020, highlighting the resilience and adaptability of these sectors in the face of unprecedented challenges, according to the latest worldwide market study by ABI Research . The five largest manufacturing verticals -- automotive, computer and electronic, primary metal, food, and machinery -

Rise of AI-Enabled Smart Traffic Management

The demand for smart traffic management systems has grown due to rising urban populations and increasing vehicle ownership. With more people and cars concentrated in cities, problems like traffic congestion, air pollution, and greenhouse gas emissions are pressing issues. Since the early 2000s, government leaders have been exploring ways to leverage advances in IoT connectivity, sensors, artificial intelligence (AI), and data analytics to address these transportation challenges. The concept of a Smart City emerged in the 2010s, with smart mobility and intelligent traffic management as key components.  Smart Traffic Management Market Development Concerns about continued climate change, as well as cost savings from improved traffic flow, have further motivated local government investment in these advanced systems. According to the latest worldwide market study by Juniper Research, they found that by 2028, smart traffic management investment will be up by 75 percent from a 2023 figure of

GenAI Revolution: The Future of B2B Sales Apps

When B2B buyers consider a purchase they spend just 17 percent of that time meeting with vendors. When they are comparing multiple suppliers‚ time spent with any one salesperson is 5 or 6 percent. Self-directed B2B buyer online research has already changed procurement. IT vendors are less likely to be involved in solution assessment. Now, more disruptive changes are on the horizon. By 2028, 60 percent of B2B seller work will be executed through conversational user interfaces via Generative Artificial Intelligence sales technologies -- that's up from less than 5 percent in 2023, according to Gartner. Generative AI Market Development "Sales operations leaders and their technology teams must prepare for the convergence of new forms of artificial intelligence, dynamic process automation, and reinvented deal-planning activities that will transform the sales function," said Adnan Zijadic, director analyst at Gartner . According to the Gartner assessment, Generative AI (GenAI) s