The Globe at a Glance
The global revenue made from telecom services is expected to reach over 1.2 trillion Euros in 2018. With an estimated value of 373 billion Euros in 2015, the fastest-growing telecommunications services market is the Asia-Pacific region, followed by North America and Europe. The telecommunications market size has increased in the past two decades, due to cheaper and innovative technologies, such as the Internet, which in turn created high demand and unprecedented access to communication channels. The market has also benefited from increasingly skilled personnel and extensive investment in development of new technologies.
The largest telecom operators in the world are currently two American multinational corporations: AT&T, headquartered in Dallas, Texas and Verizon Communications, based in New York. As of 2014, they each reported over 95 billion Euros in telecom revenue. Other strong players include China Mobile (China), Deutsche Telekom (Germany) and Orange (France).
The statistic depicts the revenue of the global telecommunications services industry from 2012 to 2015, broken down by region. A revenue forecast for 2016 and 2019 is also shown. The revenue of the telecommunications services industry in Europe stood at 292 billion euros in 2012.
The mobile revolution passed another milestone this year. According to Ericsson’s most recent Mobility Report, the number of mobile subscriptions now outnumbers the world’s population. You heard that right: there are more mobile subscriptions than people living on this planet. According to Ericsson’s estimates, the number of mobile subscriptions stood at 7.3 billion at the end of September and will grow to 7.4 billion by the end of the year. Meanwhile the world’s population will climb to 7.35 billion by the end of 2015 according to the United Nations’ projections. The fact that many people have multiple active or inactive subscriptions more than makes up for the fact that many people still live without a mobile phone. Ericsson puts the number of actual subscribers at 4.9 billion, leaving 2.4 billion people disconnected.