Mobile services will hit $870 billion in 2014 as mobile broadband, messaging expand, according to market research firm Infonetics Research. Their report is based on revenue reported for the first half of 2010 (1H10), resulting in increased short- and long-term revenue forecasts.
Mobile broadband and mobile messaging service revenues are growing rapidly and will help operators offset declining voice revenues, but voice service isn’t going away anytime soon. Infonetics expects the number of mobile broadband subscribers to grow to 1.8 billion worldwide in 2014 (28% of all mobile subscribers), after surpassing fixed broadband subscribers for the first time in 2010, driven by massive adoption of smartphones.
Infonetics also predicts the 4G infrastructure market with hit $16 billion by 2015.
“WiMAX likely will become established as the solution of choice for niche applications, such as supporting the smart grid, public safety, private citywide communications segments, as well as more basic broadband needs. People tend to overlook the fact that the WiMAX equipment market, which jumped 85% in 2010 to $1.7 billion, currently remains bigger than the LTE market, and continues to show healthy growth,” notes Infonetics Research. Ericsson is the #1 LTE infrastructure vendor, followed by Alcatel-Lucent and Nokia Siemens Networks, while Samsung remains the top-selling WiMAX vendor, followed by Huawei, Alvarion, and Motorola.
LTE equipment has caught up to WiMAX; with $245B to be spent cumulatively on mobile equipment 2011–2015, says Infonetics Research. In 1Q11, LTE (Long Term Evolution) equipment caught up to WiMAX equipment, each now about a half billion dollar market globally. The number of LTE subscribers is forecast by Infonetics to top 290 million by 2015