TechNavio recognizes the following companies as the key players in the Global Mobile Services Market: AT&T Inc., China Mobile Ltd., Verizon Communications Inc., and Vodafone Group plc.
Commenting on the report, an analyst from TechNavio’s team said: “The main trend witnessed by the Global Mobile Services market is the growing usage of VoLTE. The network operators are witnessing reduced revenue through voice services. However, the LTE networks are being deployed across all geographies at a rapid rate. The voice traffic is expected to be carried as data traffic through VoLTE, thereby making it another attractive revenue generator for the network operators. Hence, the network operators can focus more on the data services instead of trying to give unlimited call options to attract new customers.”
According to the report, although the market has many growth drivers, one of the main factors driving the Global Mobile Services market is the increased deployment of next-generation networks across all geographies. Mobile services require high-speed internet connection. Mobile services such as online gaming and video streaming can only function efficiently in the presence of high-speed networks.
Further, the report states that one of the major challenges is the decline in the usage of voice services and the revenue generated through them. Voice services are highly profitable to network operators and have been the major revenue generator. However, of late, the usage of voice services has been declining, especially in developed economies.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Telefonica Group, NTT Docomo, Deutsche Telecom AG, France Telecom S.A., America Movil Group, and Sprint Nextel Corp.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-mobile-services-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/telecom-and-networking
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TechNavio Announces the Publication of its Research Report -Global Mobile Services Market 2012-2016
