The Global Market for Mobile Data Traffic is Projected to Exceed 60 Exabytes/Month by 2022
Rise of High Bandwidth 4G & the Resulting
Massive Increase in Video Consumption Drives Growth of Mobile Data Traffic,
According to a New Report by Global
Industry Analysts, Inc.
GIA
launches comprehensive analysis of industry trends, growth drivers, market
share, size and demand forecasts on the global Mobile Data Traffic market. The global market for Mobile Data Traffic is projected
to exceed 60 Exabytes/month by 2022,
driven by the expanding subscriber base for high bandwidth 4G LTE services and
the resulting massive spurt in mobile video consumption.
The
world has been a witness to the huge impact of Internet on various aspects of
human life. Commercially launched in 1995, Internet evolved from an e-mailing
and instant messaging tool into a multi-functional platform that seamlessly
supports music/video streaming, gaming, photo sharing, e-commerce, GPS/route
navigation, TV broadcast, and online education & book store among others. Although,
desktop PCs stood as the primary device type for accessing the Internet till
early-2010s, increased proliferation of smartphones and tablets has shifted the
Internet consumption pattern towards mobile devices. Extending the convenience
and flexibility of anytime, anywhere Internet access, mobile devices widened
their use case in the Internet domain. Consequently, demand for Mobile
Internet, the Internet service delivered through connected mobile devices,
demonstrated fast paced growth across geographies.
Re-enacting
the massive success of fixed Internet, Mobile Internet has transformed into the
de facto Internet service type for global users. Increased consumption of
Mobile Internet is resulting in higher demand for mobile data services,
consequently leading to incremental growth in mobile data traffic volumes. While
high penetration of smartphones and tablets has a major role in soaring demand
for mobile data, favorable mobile device usage patterns driven by increased
role of digital platforms in daily lives are triggering huge expansion in
mobile data traffic. Further, wider deployments of 3G and 4G networks, which
offer faster mobile Internet access, and expanding user base for mobile
services over these advanced mobile networks across the world, are contributing
to sustained growth in mobile data traffic.
A
growing number of mobile users are leveraging mobile internet for web browsing,
social networking, mobile messaging, video viewing, audio/music, VoIP calling,
file sharing, and m-commerce. Of various activities, mobile video has evolved
into the key driving force behind huge expansion in mobile data traffic. Mobile
data traffic is poised to remain firm in the short- to mid-term amid soaring
consumption of mobile internet in a multitude of infotainment and communication
applications and increased demand for convenient and flexible Internet service
from consumers across the board. New generation concepts such as IoT, M2M communication, and Smart City will play a pivotal
role in future growth of mobile data traffic.
As
stated by the new market research report on Mobile Data Traffic, Asia-Pacific represents the largest market worldwide. Trailing at a
CAGR of 58.2% over the analysis period, the Middle East & Africa ranks as
the fastest growing market, led by growing penetration of smartphones, roll out
of 4G mobile networks; falling mobile internet tariffs matched by rising
volumes of subscriptions; and growing efforts of emerging economies to go
digital and the resulting focus on broadband infrastructure development. The
tendency of emerging markets to leapfrog legacy technologies like fixed broadband
also spurs opportunity for mobile Internet and data consumption.
Major
players in the market include AT&T, Bharti Airtel Limited, China Mobile
Limited, China Telecom Corporation Limited, China Unicom (Hong Kong) Limited, KDDI
Corp., KT Corp., NTT DoCoMo Inc., Orange S.A., SK Telecom, Sprint Nextel
Corporation, Telefónica S.A., Telenor ASA, Telstra Corporation Limited, T-Mobile
International AG & Co. KG, Verizon Communications Inc., and Vodafone Group
Plc.
The
research report titled “Mobile Data Traffic: A Global Strategic Business
Report” announced by Global Industry
Analysts Inc., provides a comprehensive
review of market trends, issues, drivers, mergers, acquisitions and other
strategic industry activities of global companies. The report provides market
estimates and projections of data volumes (in Terabytes/month) for all major
geographic markets such as the US, Canada, Japan, Europe (France, Germany,
Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India,
South Korea, and Rest of Asia-Pacific), Middle East & Africa, and Latin
America (Brazil and Rest of Latin America). The report analyzes mobile data
traffic by Category – Video, Audio, and Others (File Sharing, and VoIP among
Others) at global and regional level. Further, the report also analyzes mobile
data traffic by Device Type - Netbooks/Notebooks, Smartphones and Others
(Mobile-to-Mobile, Tablets, and Feature Phones among Others) for the global market.
Global Industry Analysts, Inc. 6150 Hellyer Ave., San
Jose CA 95138, USA, All Rights Reserved.
This comment has been removed by the author.
ReplyDeleteNice Posting Author!
ReplyDeletetop android app development companies