Mobile data plan revenues will grow at a compound annual growth rate (CAGR) of nearly 9% and are expected to exceed $102 billion worldwide by 2016, according to latest ABI Research forecasts.Regionally, data plan revenue share among different device classes varies significantly. Currently in North America, data plans for smartphones deliver the lion's share of revenue. However in regions lacking fixed line access such as Eastern Europe and Latin America, connections to other computing devices constitute the majority share. But according to practice director Dan Shey, "By 2016, smartphones will become the largest portion of each region's mobile data plan revenues with over 50% share."
Shey continues, "Increasing smartphone penetration rates among mobile enterprise customers are major drivers for data plan revenue growth. But connectivity for other devices such as tablets will become increasingly important and contribute significantly to overall connectivity revenues from the business sector."
Data plan growth portends other opportunities for the enterprise sector. More connections mean greater need for applications, and content, security, expense and other mobile device-related services. Forward-looking enterprise segment suppliers are looking holistically at the opportunities presented by increasing enterprise mobile device connections.
Source: Cellular News