The global mobile phone market will generate annual revenues of $1tr by 2012, as global subscriptions grow beyond 5.3bn, reports Informa Telecoms & Media. Revenues will grow 33.9% from 2007's figure of $769bn. From the end of 2007 to the end of 2013 global mobile subscriptions will grow 56% (from 3bn). Subscriptions should overtake 5bn by 2011.
78% of all growth will come from the Asia Pacific, Africa and Latin America regions. More specifically 47% of the 1.9bn net additions will come from just five markets: India, China, Indonesia, Brazil and Russia.
Worldwide, average penetration rates will reach 75% mark in 2013, with some countries pushing beyond 150%: Romania (152%), Russia (153%), Italy (168%), Ukraine (173%) and Greece (183%).
Informa Telecoms & Media: http://www.informatm.com, 05/01/2009