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.
Parks Associates is an internationally recognized market research firm specializing in emerging consumer technology products and services. The company’s expertise includes the Internet of Things (IoT)...
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