The booming mobile phone market is set to decline as competition pushes prices lower a leading research Company has claimed. The move is set to impact Telstra who is looking for strong mobile growth due to declining fixed line revenues.
The booming mobile phone market is set to decline as competition pushes prices lower a leading research Company has claimed. The move is set to impact Telstra who is looking for strong mobile growth due to declining fixed line revenues.
According to Ovum, new figures released by the independent telecoms analyst, mobile regional and country forecasts 2010-15, revenues generated in the Asia-Pacific region through voice services will fall from $191 in 2010 to $185 Billion in 2012 to USD 176 billion in 2015. T
Ovum claim that developed markets like Australia, Hong Kong, Japan and Korea, where connection markets are saturating; we foresee rapid mobile voice revenue declines.
At the same time, there will be a healthy growth in revenues generated from mobile data services, with an increase from USD 84 billion in 2010 to USD 133 billion in 2015. We foresee both rising data connections and data rising ARPU as more consumers in Asia-Pacific opt to use more text, email, social media and video on their mobiles.
Overall, we expect total Asia-Pacific mobile revenues to increase only from USD 267 billion in 2010 to USD 310 billion in 2015. However, Ovum sees total connections increasing from 2.6 billion to 3.8 billion over the same period.
David Kennedy, AP Research Director at Ovum, said: “Data is now a key driver of the mobile market and revenues will continue to grow steadily”. By 2015 there will be a much narrower gap between the revenues from voice and data and if data continues to grow at the same rate, it will eventually go into the lead.
“It is a reflection on the way the market is moving; voice services have become commoditized, while demand for access to the internet on the move has grown rapidly,” concludes Kennedy.
