Market research firm Ovum has found that mobile broadband will see the largest growth in the telecoms industry through to 2016, with 2012’s performance being one of the largest indicators of future growth.
The global telecoms industry operator revenues passed $2 trillion in 2012 with some 60% of that total going to mobile operators, according to Ovum. Growth in that sector of the telecoms market is forecast to be 19.2 % annually from 2013 to 2016. Growth is expected to be in the double digits for areas like public cloud, IPTV and managed/hosted IP voice but mobile broadband is the forecast leader.
Chief forecaster at Ovum John Lively said “The recovery from the 2009 recession has been weak, and the ongoing global fiscal crisis continues to present a risk to the telecom industry. Over the next 3–4 years, both fixed and mobile operators will face the same fundamental challenge: to increase new sources of revenue fast enough to offset the decline in mature services.”
Ovum has also warned that component manufacturers are in for a rough ride, with Lively saying “This can be mitigated to some degree by forming close relationships with infrastructure vendors and jointly understanding the end customers’ needs and plans.”