Wireless subscriber growth compounded with rising smartphone and tablet traffic will raise global wireless revenues by 19 percent from current levels; while wireline revenues will rise only four percent as voice calls decline and users switch to mobile solutions.
"The path to sustained growth will be bumpy, fluctuating around a modest underlying rate for the next few years. The upturn in the major non-Organization for Economic Cooperation and Development (OECD) countries - the US, European Union (EU), Japan, and 27 other developed countries-especially in Asia and particularly in China, is now a well-established source of strength for the global economy," says Bob Rosenberg, President of Insight Research.
"Consumer demand for the latest wireless devices and greater access bandwidth remains a key driver of telecommunications services growth, and the shift to Cloud-based solutions is starting to put new demands on network utilization," Rosenberg concluded.
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