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CommentFriday, August 31, 2007

U.S. Mobile Penetration To Reach 100%

Expect more than one mobile phone for every person in the U.S. by 2013, according to new data from SNL Kagan.

That is an increase from the current 84 percent penetration level of the U.S. population (including business, consumer and double users) who have mobile phones. Kagan projects that mobile phone subscriptions will grow about 13 percent through 2017, faster than the country's 1 percent population growth.

"If carriers can hold onto their position in the revenue chain, data is poised to give them a second growth spurt," said Sharon Armbrust, a senior analyst at SNL Kagan.

"While subscriber units and voice revenue will inch along, we expect data revenue to grow at a compound annual 14% rate over the next 10 years, rising to at least 22% of service revenue, compared to under 10% today," she said.

SNL Kagan predicts total mobile industry average revenue per users will grow at an inflation- paced compound annual growth rate of 1.5 percent over the next 10 years, to $61.9 in 2017 from $52.38 in August 2007.

 

About the author:
Mike is a staff writer for WebProNews.

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