Report: Mobile data service market to reach $27B by 2014
The latest quarterly update to research firm ABI Research’s enterprise mobility regional market data sets shows that healthcare, retail and manufacturing will command more than 36 percent of all mobile business customer data revenues worldwide over the next five years.
By 2014, data revenues derived from messaging, mobile broadband access and applications will reach nearly $27 billion, according to the Oyster Bay, N.Y.-headquartered ABI.
“Manufacturing and retail are the second and third largest employment industries in the public/private sector worldwide (after agriculture). Healthcare also employs many people and is rapidly mobilizing; it will experience one of highest growth rates in mobile data services revenue,” according to the report.
But mobile data services revenue share by sector will vary on a region-by-region basis. According to the research:
By 2014, data revenues derived from messaging, mobile broadband access and applications will reach nearly $27 billion, according to the Oyster Bay, N.Y.-headquartered ABI.
“Manufacturing and retail are the second and third largest employment industries in the public/private sector worldwide (after agriculture). Healthcare also employs many people and is rapidly mobilizing; it will experience one of highest growth rates in mobile data services revenue,” according to the report.
But mobile data services revenue share by sector will vary on a region-by-region basis. According to the research:
- The transportation and warehousing sector in North America has a smaller share of mobile data services revenue than more dominant verticals of government and healthcare. However, it will experience the highest growth at 23 percent as this sector expands use of data services to improve operations efficiencies;
- Construction in the Middle East has slowed from its breakneck pace, but it is still an important sector maintaining 12 percent of mobile data service revenues through 2014; and
- Mobile data revenues from the manufacturing sector in Asia-Pacific will grow at a compound annual growth rate of 15 percent to increase its share of mobile data services revenues to 26 percent by 2014. This region continues to be the dominant location for worldwide production of goods.