From the Wires
Pyramid Research Releases 2013 Top Trends for the Global Communications Industry
2013 to see major milestones as emerging market service revenue increases five times faster than in developed markets
By: PR Newswire
Jan. 16, 2013 07:00 AM
BOSTON, Jan. 16, 2013 /PRNewswire/ -- Emerging markets will continue to be the driver of growth in the converged global communications, media and technology industries, which will reach the 7 billion mobile subscription mark in December 2013. Furthermore, growth in emerging market service revenue will outpace growth in developed market service revenue by 5:1, according to a new report just released by Pyramid Research.
Pyramid Perspective 2013: Top Trends in the Global Communications Industry provides a collection of key insights on top market trends, written by Pyramid's worldwide team of research analysts and consultants. Pyramid's market analysis, powered by our bottom-up methodology of our forecasts for more than 100 countries, is uniquely positioned across emerging markets, emerging technologies, and emerging business models. Register to download the full report.
"Reaching the 7 billion mobile subscription mark by year's end is particularly significant because it translates into a 100 percent penetration mark," says Daniel Amparan, Managing Director for Pyramid Research. "Mobile subscribers in the Africa & Middle East region will surpass the 1 billion mark in the first quarter, making it the second region to reach this milestone after Asia-Pacific."
"Exposure to emerging markets has become a critical factor for success in an industry characterized by stagnation in developed markets, intense competition, consumer choice and disruptive business models," notes Amparan. "While telecom service revenue in emerging markets will increase five times faster than in developed markets this year, nearly 90 percent of the 2 billion subscribers to come online in the next five years will reside in emerging markets," Amparan explains. "This trend will make mobile service revenue in emerging markets in 2015 larger than mobile service revenue in developed markets for the first time ever."
Other Top Trends include:
Pyramid Research (pyramidresearch.com) offers practical solutions to the complex demands our clients face in the global communications industry. Its analysis is uniquely positioned at the intersection of emerging markets, emerging technologies and emerging business models, powered by the bottom-up methodology of our market forecasts for more than 100 countries – a distinction that has remained unmatched for more than 25 years. As a division of UBM Tech (tech.ubm.com), Pyramid Research contributes to the only integrated business information platform serving the global communications industry.
SOURCE Pyramid Research
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