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
(c) 2018 Business Wire, Inc., All rights reserved.
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
Moody’s Completes Acquisition of Omega Performance20.8.2018 21:06 | Pressemelding
Moody’s Corporation (NYSE:MCO) announced today that it has completed its acquisition of Omega Performance, a leading provider of online credit training. Moody’s announced its intention to acquire Omega Performance, a business unit of TwentyEighty Inc, on July 8, 2018. Omega Performance offers a wide range of online credit training courses to clients worldwide and serves more than 300 customers, ranging from large global banks to local lending institutions. The acquisition will enhance Moody’s Analytics as a worldwide market standard in credit proficiency for financial institutions that offer consumer, small business and corporate lending. The acquisition of Omega Performance is not expected to have a material impact on Moody’s 2018 financial results. For further information about Moody’s Analytics eLearning solutions, visit www.moodysanalytics.com/elearning-courses. ABOUT MOODY'S CORPORATION Moody's is an essential component of the global capital markets, providing credit ratings, rese
Pacific Drilling Announces Settlement in Mediation Between Quantum Pacific and Ad Hoc Group of Creditors20.8.2018 14:02 | Pressemelding
Pacific Drilling S.A. (OTC:PACDQ) (“Pacific Drilling” or the “Company”) today announced that its plan of reorganization filed on July 31, 2018 (the “Plan”), based on a proposal presented to the Company’s Board of Directors by an ad hoc group of its secured creditors (collectively, the “Ad Hoc Group”), now has the full support of the Company’s majority shareholder, Quantum Pacific (Gibraltar) Limited (“QP”). The Plan was already supported by all of the Company’s major creditor interests. With QP’s participation, the Company expects a smooth plan confirmation process and a quick emergence from its Chapter 11 proceedings. Pacific Drilling CEO Paul Reese commented, “The agreement reached by QP and the Ad Hoc Group delivers the final piece needed to make the Company’s Plan a consensual one that has the support of the Company’s major stakeholders. The agreement should allow the Plan to move forward efficiently and expeditiously through the implementation and confirmation process.” Pursuant t
Bella Hadid Headlines True Religion’s Latest Campaign20.8.2018 12:32 | Pressemelding
True Religion has tapped Bella Hadid to be the face of the brand. The supermodel embodies all things True Religion, past, present and future; iconic, edgy and everlasting. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180820005283/en/ Bella Hadid Headlines True Religion’s Latest Campaign (Photo: Business Wire) An inherit fan of the brand, Bella was the natural choice to meld the iconic essence of the brand with the modern view of its future. An all-star team was assembled including photographer Boo George, stylist Mimi Cuttrell, and hair and makeup duo Jen Atkin and Mary Phillips to create imagery and complementary looks that usher True Religion into a new era that honors the heritage of the brand. A quintessential, confident LA girl with roots at home and abroad, Bella’s voice was not only an inspiration, but an integral part in imagining this campaign, envisioning the brand through her eyes for the next generation of True
Veristat Congratulates Alnylam on the FDA Approval of ONPATTRO™ (patisiran)20.8.2018 11:30 | Pressemelding
Veristat, a full service Clinical Research Organization (CRO), congratulates Alnylam on the recent FDA approval of ONPATTRO™ (patisiran), a lipid complex injection for the treatment of the polyneuropathy of hereditary transthyretin-mediated (hATTR) amyloidosis in adults. “On behalf of the entire Veristat team that has supported Alnylam in the development of this therapy, we are humbled to have contributed towards this first-in-class drug approval for Alnylam, for the patients with hATTR amyloidosis and their families,” said John P. Balser, Ph.D., President and Co-Founder of Veristat. “We are continuing to support Alnylam as they look to expand regulatory approval of this treatment to other regions of the world.” Veristat began working with Alnylam over 11 years ago and helped design the studies and prepare the Investigational New Drug (IND) submission for patisiran. Our collaboration continued throughout the entire patisiran program inclusive of a phase 2 study, a phase 3 pivotal study
FRISS Brings Claim Fraud Analysis to a Next Level With Web-IQ´s Innovative Online Network Solution20.8.2018 11:30 | Pressemelding
Asking your neighbor or friend to sign as a witness to a claim for car damages at your insurance company will work no more, with the new Claim Fraud Analysis feature of FRISS. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180820005039/en/ Eldert van Wijngaarden (Web-IQ) and Philip van Waning (FRISS) shaking hands. (Photo: Business Wire) FRISS, the worldwide provider of AI powered fraud and risk solutions for the P&C insurance industry, recently added a new and innovative feature in their fraud analytics solution: Online Network Analysis from Web-IQ. This feature automatically identifies if the claimants and the insured or other involved persons are related to each other in an on-line environment. This is a proven and strong indicator for fraudulent claims. Especially with car accidents and other types of claims where multiple persons are involved, it adds a whole new approach to the traditional claim analyses. “Research sho
Global IBC Future Zone and IABM Future Trends Theatre to Explore the Latest Tech Shaping the Industry20.8.2018 11:18 | Pressemelding
IBC2018, the world’s most influential media, entertainment and technology show, today announces the line-up for the IBC Future Zone and IABM Future Trends Theatre. Well established as part of the IBC Exhibition, from 14-18 September, the Future Zone brings together the very latest ideas, innovations and concept technologies from international industry and academia and showcases them in a single specially-curated area sitting alongside exhibition Hall 8. This year, the focus is on showing how new technologies grow from their first inception and progress through to research, development, and validation projects; right through to maturing into the ground-breaking applications and future product standards. Major industry trail-blazers presenting their visions of the future, include Japan’s NHK and BBC R&D from the UK. Both companies will demonstrate a number of technology advances, including: Web-VR applications; object-based media scenarios; pathways to 8K resolution for UHD; and Artifici