North America Region a World Leader in 4G and Smartphone Adoption, According to New GSMA Report
North America leads the world in 4G and smartphone adoption and is expected to migrate rapidly to 5G networks and services, according to a new GSMA study. The latest edition of the GSMA’s flagship Mobile Economy series, published at Mobile World Congress Americas this week, forecasts that smartphones connected to 4G networks will account for four out of five mobile connections in North America by 2020, a higher proportion than any other global region. The report also predicts that the mobile ecosystem’s contribution to the North American economy will increase to more than $1 trillion by 2020, equivalent to almost five per cent of regional GDP.
“The successful large-scale rollouts of 4G networks across the US and Canada, alongside strong consumer take-up of 4G-capable smartphones, has established North America as one of the most advanced mobile regions in the world, on a par with the most advanced markets in Europe and Asia,” said Mats Granryd, Director General of the GSMA. “North American mobile subscribers are also highly engaged digital consumers, using their smartphones to access a broad range of services and content – and are set to become early adopters of 5G services in areas such as ultra-HD video, AR/VR, artificial intelligence and autonomous driving.”
5G to Account for Half of North American Mobile Market by 2025
There were 291 million unique mobile subscribers1 in North America at the end of last year, representing 80 per cent of the region’s population, a figure expected to increase to 313 million (84 per cent) by 2020. These consumers are characterised by high levels of mobile engagement and expenditure, which contributed to a nine-fold increase in mobile data traffic between 2012 and 2016 in the US2. In revenue terms, North America is estimated to be a $250 billion market this year, accounting for more than a fifth of global operator revenue.
The region is also a benchmark for rapid migration to next-generation devices and networks. At the end of 2016, North America had the highest smartphone and 4G adoption rates of any region worldwide, at 78 per cent and 63 per cent, respectively – forecast to grow to 81 per cent and 84 per cent by 2020. By that point, operators in both the US and Canada are expected to have launched 5G networks and, by 2025, around half of the region’s connections are expected to be running on 5G, a considerably greater share than other key 5G global regions. In the US, fixed wireless will be the initial use case for early 5G deployments, with full standardised 5G services expected to follow in 2019.
Mobile Ecosystem Contributing to Economic Growth, Jobs and Public Funding
In 2016, mobile technologies and services generated $790 billion of economic value added in North America, equivalent to 3.9 per cent of GDP3. By the end of the decade, this contribution is forecast to increase to $1.02 trillion (4.7 per cent of GDP) as greater use of mobile technologies, including M2M and Internet of Things (IoT) solutions, drive improvements in productivity. North America’s mobile ecosystem also supported 2.5 million jobs in 2016 and made a $110 billion contribution to the public sector via taxation.
The new report also outlines how North America is leading developments in the IoT ecosystem, with mobile operators playing a leading role via acquisitions, network developments and the provision of IoT services. According to Machina Research (August 2017), the number of IoT connections will increase fourfold between 2016 and 2025 in North America, reaching nearly 6 billion by that point. In the US, all four main operators have either already launched or are committed to launching Mobile IoT networks using licensed spectrum.
The new report ‘The Mobile Economy: North America 2017’ 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/.
About the GSMA
The GSMA represents the interests of mobile operators worldwide, uniting nearly 800 operators with more than 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.
1 A unique mobile subscriber represents an individual that can account for multiple SIM connections
2 Source: CTIA
3 GDP contribution includes direct mobile ecosystem contribution (1.3%); indirect contribution (0.8%); and productivity improvements (1.8%).
Om Business Wire
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
Tan Delta: New Oil Condition Monitoring Kit for Gas Engine Operators Reduces Daily Operating Costs, Improves Equipment Efficiency and Extends Equipment Life.23.11.2017 13:38 | Pressemelding
The new Gas Engine oil condition monitoring kit from Tan Delta Systems can be quickly and easily fitted to any gas engine and enables the oil to be monitored and tracked continuously in real time enabling significantly reduced maintenance costs, increased equipment efficiency and extended equipment life. Operators can expect their investment returned in under four months followed by many years of net financial and operational benefits. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171123005177/en/ Gas Engine Oil Condition Monitoring (Photo: Business Wire) The kit includes everything needed for quick and easy installation on any gas engine operating in any environment. No more need for expensive laboratory oil testing. Reduce daily operating costs by optimising maintenance schedules. Protect a
Making Institut Curie a Reference for Technology Transfer in Oncology23.11.2017 13:00 | Pressemelding
Institut Curie has adopted an ambitious strategy for technology transfer and partnerships with innovative companies. This new dynamic, initiated within the framework of the 2015-2020 MC21 strategic plan (Marie Curie in the 21 st century), aims at positioning the Institut Curie as a reference for technology transfer in oncology. The strategy ambition to better accompany Institut Curie researchers and physicians in the protection, development and commercialization of their inventions, and reinforces support for the setting-up of collaborations with innovative companies. "The objective is to optimize the identification, promotion and transfer of all the scientific, technological and medical resources of the Institute in an open innovative approach" says Amaury Martin, Executive Director of Institut Curie Technology Transfer
Wealth Dynamix (WDX) Ranks No.18 in the 2017 Tech Track 100 by the Sunday Times and 19th Fastest Growing Technology Company in the UK in the 2017 Deloitte Technology Fast 5023.11.2017 08:00 | Pressemelding
WDX ranks No.18 in the 17th annual Sunday Times Hiscox Tech Track 100 league table league which consisted of the top 100 private technology, media and telecoms (TMT) companies in Britain. WDX recorded a 155% average annual sales growth per year over the last 3 years with sales reaching £6.4M in September 2016 and £9m by end of September 2017. More recently, in November 2017, WDX also announces ranking No.19 in the 2017 Deloitte UK Technology Fast 50, a ranking of the 50 fastest growing technology companies in the UK. Rankings are based on percentage revenue growth over the last four years of which, WDX grew 1,563% during this period. WDX attributed this revenue growth to the team’s hard work and the positive change in attitude toward technology in the Wealth and Investment Management industry. WDX’s CEO, Gary Linieres credits the team with the company’s revenue growth. He sa
Mobidiag Signs Agreement with Interlux for the Distribution of Amplidiag® Diagnostic Tests and Instruments in Estonia23.11.2017 07:00 | Pressemelding
Mobidiag Ltd, a Finnish molecular diagnostics company, today announced a distribution agreement with Interlux OÜ, supplier of technologies for medicine, science and biotechnology industry. Under this agreement, Interlux becomes the exclusive distributor of the Amplidiag® product line in Estonia, in vitro diagnostic tests and compatible instrument for the detection of gastrointestinal infections. “Thanks to a large distribution network, our Amplidiag product line is now accessible in most Western European countries. This new distribution agreement allows us to introduce the Amplidiag product line to the Baltic region starting with Estonia. We are then very happy to start this new partnership with Interlux to support us in this new market”, said Miquel Vernet, CCO at Mobidiag. “Cooperation with Mobidiag offers the customers of Interlux high-quality diagnostic results. I believ
OCP Announces Date of 2017 Third Quarter and Nine Month Results22.11.2017 16:59 | Pressemelding
OCP S.A., a global leader in the fertilizer industry, will release its third quarter and nine month 2017 results on Thursday, November 30, 2017. The results will be available to holders of the Company’s bonds, qualified institutional buyers, securities analysts and market makers on the OCP Intralinks portal at 9 a.m. EDT and 2 p.m. Morocco/London time. OCP senior management will host a conference call to discuss 2017 third quarter/nine month results at 10 a.m. EDT and 3 p.m. Morocco/London time on Thursday, November 30, 2017 for holders of the Company’s bonds, qualified institutional buyers, securities analysts and market makers. Eligible parties that have not already registered for access to the Intralinks portal may do so by contacting the Investor Relations Department by emailing email@example.com. About OCP OCP is a global leader in the fert
Tata Motors Charts Out 'Connecting Aspirations' As Its New Corporate Brand Identity in Global Markets22.11.2017 14:46 | Pressemelding
As part of the company’s transformation journey undertaken in 2016, Tata Motors commenced a comprehensive project to articulate its corporate branding. Basis a thorough analysis of the existing and the desired future state of the Company, Tata Motors has defined its new brand identity as ‘Connecting Aspirations’ across 46 markets, internationally. ‘Connecting Aspirations’, as the new defining maxim, represents the personality of the brand as an interconnected system of mobility solutions, that are intelligent, perceptive, warm and expressive. It’s a symbolic tagline that represents the company’s past, present and future. It is humble yet bold, a statement as well as a challenge. It will define the way Tata Motors communicates with its internal as well as external stakeholders, and work as an all-encompassing guiding principle across business units.” Speaking on the
I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.Besøk vårt presserom