Huge growth predicted for mobile broadband
January 29, 2010 at 3:57 pm
CCS Insight, which provides global analysis and market information for the mobile sector, is predicting that mobile broadband in Europe will see a huge explosion in growth over the next few years. It has released a report entitled ‘Mobile Broadband in Europe, 4Q09’, which states that by 2011 mobile broadband revenue and subscriber numbers will nearly double across the continent.
There are currently 22 million mobile broadband subscribers in Europe, but the report predicts that this is likely to go up to 43 million by 2011. It also shows that revenues will rise from less than $9 billion at the moment to over $16.5 billion.
The report suggests that these figures are very likely as long as the industry provides the right level of investment. It also states that both customers and operators are going to benefit from the growth and the increased level of competition.
According to the report, France and Spain are going to see the biggest growth in the number of subscribers, even though they currently have the lowest mobile broadband penetration. It also revealed that the UK is the cheapest place for mobile broadband at the moment, compared to Germany and France which are the most expensive.
The managing director at CCS Insight, Shaun Collins, said that “we expect to see not only growth, but also changes in the dynamic across Europe”.
With cheap deals, ever-increasing speeds and almost complete access anywhere in the country, it is easy to see why mobile broadband is such an unstoppable force at the moment.
