Business Wire

Mobile Industry to Add $1 Trillion in Value to North American Economy by 2020, Finds New GSMA Study

Del

North America’s mobile industry will be worth almost $1 trillion a year to the region’s economy by 2020, according to a new GSMA study. The new report, ‘The Mobile Economy: North America 2016’, forecasts that the North America region’s pioneering role in areas such as 5G, the Internet of Things (IoT), smart cities and connected cars will see the industry account for 4.5 per cent ($1 trillion) of projected regional GDP by the end of the decade, up from 3.6 per cent ($710 billion) last year. The report was published at the ‘GSMA Mobility Live! – North America’ event being held in Atlanta on 1-2 November, co-hosted with the Metro Atlanta Chamber.

“Thanks to the billions of dollars of investment made by mobile operators in their networks in recent years, North America is a leader in mobile usage and engagement, characterised by huge levels of mobile data consumption,” said Michael O’Hara, Chief Marketing Officer at the GSMA. “The recent decision in the US to identify and open up spectrum for 5G services – alongside its leadership of the IoT market – has reaffirmed the region as one of the world’s most advanced mobile markets and one that is leading the next wave of mobile innovation.”

Strong Smartphone and 4G Adoption Fuelling Mobile Data Explosion

North America is one of the most mature mobile markets in the world, reflected in its high rates of subscriber penetration and strong uptake of mobile broadband and smartphones. There were 284 million unique mobile subscribers1 in the region at the end of 2015 (equivalent to 79 per cent of the population), a figure forecast to increase to 315 million (85 per cent of the population) by 2020.

Smartphones account for 75 per cent of the region’s mobile connections2, the highest smartphone adoption rate globally, while more than half of connections are running on 4G networks. This situation is fuelling huge data usage growth, mainly due to video services. It is calculated that video streaming over 4G networks will account for more than three quarters of data consumption by 2020. Cisco projects that by the end of the decade data usage per subscriber in North America will reach almost 9 GB per month, up from about 2 GB per subscriber per month in 2015.

A Growing Contributor to the North America Economy

North America’s mobile industry made a total contribution of $710 billion to the North

America economy in value-added terms last year, equivalent to 3.6 per cent of the region’s annual GDP3. By 2020 this figure is expected to increase to almost $1 trillion (4.5 per cent of GDP), as the region experiences strong growth in productivity brought about by the rapid adoption of new mobile technologies – such as machine-to-machine (M2M) communications – and the increased digitisation of industry and services.

The industry also directly and indirectly supported more than 2.3 million jobs in the region in 2015 and made a tax contribution to the region’s governments of $82 billion. This is in addition to the $46 billion raised via spectrum auctions in the US and Canada during the year.

Operators Bringing the Internet of Things to Life

The report highlights a number of areas where the North America region is driving mobile innovation, particularly in the Internet of Things. It notes that there were more than 60 million cellular M2M connections in the region at the end of 2015, accounting for nearly 15 percent of total mobile connections and forecast to account for 30 per cent by 2020. IoT devices are also being connected by a range of non-cellular technologies; new low-power wide area (LPWA) networks, for example, are being deployed in North America, using both licensed and unlicensed spectrum. Operators in the region including AT&T and Verizon Wireless are adopting the LTE-M standard in order to use existing 4G infrastructure for LPWA services.

Operators, government bodies and a range of other players are also collaborating to deploy new services to help realise the potential of smart cities in North America, while operators are driving the development of 5G mobile networks and apps. North America’s technology and auto industries are also leading the development of connected cars and the autonomous and self-driving car sectors.

“While subscriber and smartphone growth is maturing, North America’s mobile operators are now looking to connect a growing range of other devices, everything from cars to drones, and bringing the Internet of Things to life,” added O’Hara. “The region is home to many of the most innovative companies in the broader mobile ecosystem and venture capital flows into the mobile sector continue to show healthy growth. The industry has also benefited from a generally supportive regulatory environment as evidenced by efforts to agree standards and facilitate the first wave of 5G deployments.”

The new report ‘The Mobile Economy: North America 2016’ is authored by GSMA Intelligence, the research arm of the GSMA. To access the full report and related infographics, please visit: http://www.gsma.com/mobileeconomy/northamerica/

-ENDS-

About the GSMA

The GSMA represents the interests of mobile operators worldwide, uniting nearly 800 operators with almost 300 companies in the broader mobile ecosystem, including handset and device makers, software companies, equipment providers and internet companies, as well as organisations in adjacent industry sectors. The GSMA also produces industry-leading events such as Mobile World Congress, Mobile World Congress Shanghai, Mobile World Congress Americas and the Mobile 360 Series of conferences.

For more information, please visit the GSMA corporate website at www.gsma.com. Follow the GSMA on Twitter: @GSMA.

1 A unique mobile subscriber represents an individual that can account for multiple mobile connections (SIM cards)

2 A mobile connection refers to an active SIM card registered with a mobile network, excluding M2M connections. The total number of mobile connections in North America stood at 371 million in 2015 and is forecast to rise to 414 million by 2020. A smartphone connection is defined as a SIM card registered and used in a smartphone device at the end of the period. It does not represent the number of smartphone devices sold or shipped.

3 GDP total comprises direct impact (1.2%); related industries (0.7%); and productivity impact (1.7%)

Contact information

For GSMA
Eden Haile
+1 206 576 5560
Eden.Haile@webershandwick.com
or
Charlie Meredith-Hardy
+44 7917 298428
CMeredith-Hardy@webershandwick.com
or
GSMA Press Office
pressoffice@gsma.com

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Edgewater Networks Announces Event Sponsorship of BroadSoft Connections 201720.10.2017 21:00Pressemelding

Edgewater Networks, Inc., the industry leader in Network Edge Orchestration, announced today that it is an event sponsor of the BroadSoft Connections 2017 user conference, which takes place October 22-25 at the JW Marriott Phoenix Desert Ridge Resort & Spa in Phoenix, AZ. During the event, Edgewater Networks will feature demonstrations of the latest end-to-end network interoperability capabilities, including Zero Touch Provisioning, UC Analytics from the core to the endpoint, SD-WAN optimized for BroadSoft, and much more. Continuing a long-standing partnership with BroadSoft, Edgewater Networks has completed another level of BroadCloud certification, this time for local survivability which is critical for business continuity for SMB and Enterprise customers. BroadSoft’s PacketSmart is available on all EdgeMarc Intelligent Edges. All elements of the Network Edge Orchestration are

More than 70 Companies to Showcase Top Tech at CES Unveiled Paris20.10.2017 15:08Pressemelding

The Consumer Technology Association (CTA) today announced that more than 70 exhibitors will showcase their latest innovations at the now sold-out fifth annual CES Unveiled Paris The event will focus on the Internet of Things (IoT), connectivity and smart cities, and draw more than 600 attendees. CES Unveiled Paris will run from 2-7:30 PM on Tuesday, October 24, 2017 at the Palais Brongniart. Regional technology companies, top-tier media outlets, buyers and key industry influencers will come together at CES Unveiled Paris to get a direct look at the latest industry developments. The day kicks off with a CES news conference and CTA market trends presentation. Conference programming is followed by a tabletop exhibition & networking reception. Curated exhibitors will be there to showcase top tech from robotics and audio to smart home and augmented and virtual reality. Notable

Westinghouse Receives Regulatory Approval for Analysis Methodologies20.10.2017 12:15Pressemelding

Westinghouse Electric Company today announced that it has received approval from the U.S. Nuclear Regulatory Commission (NRC) for two new important analysis methodologies that will be used to upgrade Westinghouse- and Combustion Engineering-based nuclear steam supply system (NSSS) safety analyses. The approvals granted are for the new FULL SPECTRUMTM Loss of Coolant Accident (FSLOCATM) methodology and the Performance Analysis and Design Model software code update, PAD5. FSLOCA is capable of improved modeling of the transient response in a pressurized water reactor to the full spectrum of LOCA break sizes that could occur, and PAD5 is the next generation of the Westinghouse fuel rod design performance code. “These codes were developed to work in concert with each other to maximize analytical margin for nuclear utilities,” said Michele DeWitt, senior vice preside

Gilead Announces Multiple Scientific Presentations Demonstrating High Cure Rates in Difficult-to-Cure HCV Patients and Improved Long-Term Bone and Renal Safety of Vemlidy® in HBV Patients Switched from Viread®20.10.2017 12:03Pressemelding

Gilead Sciences, Inc. (NASDAQ: GILD) today announced results from Phase 2 and Phase 3 studies of its approved medicines for chronic hepatitis C virus (HCV) and hepatitis B virus (HBV) infection, adding to the body of evidence supporting Gilead’s viral hepatitis therapies in diverse patient populations. These and other data from more than 25 abstracts will be presented this week at The Liver Meeting® 2017, which begins today in Washington, D.C. Positive results from studies of Harvoni® (ledipasvir 90mg/sofosbuvir 400mg) in HCV-infected patients with severe renal impairment, Epclusa® (sofosbuvir 400mg/velpatasvir 100mg) in HCV-infected liver transplant recipients and Vosevi® (sofosbuvir 400mg/velpatasvir 100mg/voxilaprevir 100mg) in NS5A-inhibitor experienced HCV-infected patients will be presented during poster sessions on October 21 and October 22. In addition, updated results f

SP3H Announces That It Has Obtained a €1.2 Million European Union Grant for Its Intelligent and Clean Vehicle (VIP) Project20.10.2017 10:47Pressemelding

SP3H is proud to announce joining the very select circle of the 10 French winners of the H2020 SME Instrument Phase 2 program since 2014. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171020005325/en/ Last summer VIP received the very prestigious SME instrument phase 2 H2020 label in the "transport & smart cities mobility" category. With an overall budget of € 1.7 million, VIP is subsidized by the European Union at a rate of 70% or €1.2 million. The framework contract was officially signed early October. VIP is the pre-industrialization program for Fuelbox sensors, the world's first miniaturized scanner capable of analyzing the quality of fuels on board vehicles. The heart of the program remains closely linked to the reduction of CO2 and pollutant emissions from vehicle

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom