Global
Telecom Revenue expected to reach US$2.0 trillion
by 2013
Isabelle
Paradis
October 2009
Telecom
service revenue growth is therefore projected to slow
to a five-year compound annual growth rate (CAGR)
of 2.8% and revenue is expected to increase by US$257
billion to reach close to US$2.0 trillion in 2013.
Trends impacting the current market evolution, such
as the decline of the fixed voice market in most countries,
the nearing maturity of the mobile sector, as well
as the slowing of growth of Internet connections in
developed markets, have not been helped by the effects
of the global economic crisis.
An
increasing percentage of the world’s telecom
revenue continues to be generated by mobile and Internet
services. However, these markets will struggle to
make up for the loss in the fixed market by 2013,
as they too will start suffering from near negative
growth in some countries. The mobile sector now generates
52.8% of the total telecom service revenue, fixed
lines follow with 32.4% of the total and Internet
comes in third position with 14.8%.
By
year-end 2008, the global aggregate number of fixed,
mobile and Internet subscribers grew by 14.5% to over
5.8 billion.
