An industry report by Parks Associates has estimated global mobile data revenue will rise from $368 billion in 2015 to $630 billion by 2020.
The internationally-recognised consulting firm claims that most of the growth will be concentrated in the Asia & Pacific region.
They speculate that the emergence of 5G networks will play a major role in this growth, estimating 17.2 million 5G consumer market subscriptions by 2020.
From the article "Global Mobile Data Revenue Expected To Reach $630 Billion By 2020" by Fergus Halliday.
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