Market Trend

Mobile broadband connections to reach three billion by 2015

The total number of global mobile broadband connections is expected to hit three billion by 2015, according to a report by Ovum.

This shows a 28% CAGR from 2010 when there were 899 million mobile broadband connections. The global mobile broadband market is predicted to double its revenue from $100.5 billion in 2010 to $223 billion in 2015 growing at a CAGR of 17%.

Small screen devices such as smartphones and feature phones will account for 82% of connections over the next four years. Big screen devices such as laptops, netbooks and tablets will lag behind with 554 million connections by 2015. Small screen devices will lead the way in terms of revenue, making $120 billion in 2015, while big screen devices will reach $102 billion in revenues in the same period.

The reason for this increase in mobile broadband connections and small screen devices is emerging markets; big screen devices are expensive therefore less popular whereas smartphones are more affordable.

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