Global mobile Internet service revenue grew an estimated 23.4 percent to US$300 billion last year, according to ABI Research. Wireless broadband subscription grew 28.8 percent and the smartphone share of total subscriptions advanced by 6.6 percent to capture 27.5 percent of the overall pie.
In 2014, mobile Internet related revenues will power ahead with growth in the 13 to 15 percent range in 2014 with the Asia-Pacific region leading the way.
“When it comes to mobile data traffic growth, Asia-Pacific will lead the pack, generating 16.8 exabytes of traffic in 2014 for a 40.2 percent share,” notes Jake Saunders, VP and Practice Director of ABI Research. “After launching LTE services in late 2013, China will experience a surge in data traffic in 2014. Even mature markets like South Korea and Japan will continue to see strong growth as operators boost capacity with LTE-Advanced technologies.”