|
|
Like this article? PLEASE +1 it! |
|
Mobile Communications Services
|
| Guest post by: Tariq Mohammed |
Article Overview: The world of mobile communications is not a trend, but a phenomenon. The mobile communication industry is one of the most flourishing sectors within the ICT industry.On the supply side, firms compete by offering different kinds of services typically through proprietary networks, in which they invest in terms of capacity and coverage.
![]() |
Free Download - Benefits of Contactless Payments By Tariq Mohammed |
Mobile Communications Services
The world of mobile communications is not a trend, but a phenomenon. The
mobile communication industry is one of the most flourishing sectors within the
ICT industry. On the supply side, firms compete by offering different kinds of
services typically through proprietary networks, in which they invest in terms
of capacity and coverage. On the demand side, consumers are highly
heterogeneous in terms of willingness to pay and modes of service usage.
The rapid uptake of mobile technology in the last decade is an outstanding
phenomenon that has changed the society. Mobile subscriber growth continues
with the emerging markets leading the way. While the industry is coping with a
number of key issues, including the economic downturn, saturation of developed
markets and spectrum concerns - it is still expected that in 2011 there will be
over 5 billion mobile subscribers worldwide.
Some of the latest facts and figures:
- According to IDC, The mobile sector is now a $850 billion global market, comprising 57 percent of the global telecom market.
- The resilient mobile industry is growing despite the challenges and overall global mobile revenues are predicted to reach over $1 trillion around 2012. MVNO subscribers will account for around 2-3% of all mobile subscribers worldwide in 2010.
- China is the world's largest mobile communications market. The Middle East contains some of the highest penetration rates in the world led by the UAE, which has passed the 200% mark. Growth rates remain astonishingly high in the light of these figures.
- Handset sales rebounded in Q4 2009, recording a positive growth of at least 10%..
- In 2010 there will be an estimated 3.5 billion prepaid subscribers worldwide with the majority of prepaid users residing in Asia Pacific. .
- Mobile market penetration in Africa is expected to pass 50% during 2010; at least seven countries have broken the 100% barrier.
- The wireless industry in North America continues to be one of the fastest growing markets in telecommunications, despite the economic downturn.
- The MVNO market has also witnessed a shift away from traditional business models as operators and new market entrants’ trial models based on niche markets including data services, music services, health services, luxury services and low price services (including the prepaid market).
The technologies which might bring new abilities to the mobile devices would be Near Field Communications (mPayments,mBanking) focusing on contactless payments, advertising, marketing. Mobile phone-based contactless payments will facilitate over $36 billion of worldwideconsumer spending by 2011. Related Articles
Article Tags: Data Management Service, Digital Security Solutions, MNO Service Portal, Mobile Communications, Mobile Network Operator, Mobile payment
|
About the Author: Tariq Mohammed RSS for Tariq's articles - Visit Tariq's website Author on various topics for Digital Security, Telecommunications and Mobile Communications for Companies. Click here to visit Tariq's website Mobile Payment Services Mobile Payments for the Retail Industry Mobile Communications Services MNO Portal Services for mobile operators Benefits of Contactless Payments |
Related Forum Posts
Share this article with your friends. Fund someone's dream.
Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.
Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Leadership-A Daily Gift
How to Improve Your Time Management
Selling What Sizzles vs. Delivering Real Value
Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.



