Industry Analysis & Industry Trends
The industry is comprised of companies that own the wireless infrastructure that enables voice and data services, and radio and television relays. The industry has exhibited strong growth on the back of the popularity of smartphones. Industry revenue is forecast to grow by an annualised 3.0% in the five years through 2014-15. Mobile phones have become the primary means of telephone communications and a life necessity. The high number of subscribers can be attributed to a significant rise in mobile service popularity over the past five years. Consumers have rapidly adopted wireless broadband services via smartphones, tablets and 3G dongles. The strong desire for remote internet connectivity has not been tempered by the relative high usage prices of mobile versus fixed broadband services... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Changing consumer behaviour has led to a migration from wired services to mobile phones as the primary means of communication. A larger proportion of the gains in more recent years have come from relatively new wireless data cards for laptops. This growth is expected to continue, with IBISWorld expecting industry value added to increase at an annualised rate of 1.8% over the ten years to 2019-20. This is well above the projected annualised real GDP growth of 2.7% over the same period.
Over the past five years, the traditional mobile voice communications segment of the industry has reached maturity... purchase to read more