Asia-Pacific accounts for 39.9% of the global wireless telecommunication services market value

by Sameer Joshi or 29-Feb-2016

Publisher's latest report, Wireless Telecommunication Services: Global Industry Almanac is a global wireless telecommunication eervices industry guide providing top-line qualitative and quantitative summary information including: market share, market size (value and volume , and forecast to 2020). The guide also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

 

Market value forecast
The global wireless telecommunication services market shrank by 1.7% in 2015 to reach a value of $858,826.1 million. In 2020, the global wireless telecommunication services market is forecast to have a value of $1,049,473.4 million, an increase of 22.2% since 2015.

Category segmentation
Voice is the largest segment of the global wireless telecommunication services market, accounting for 51.4% of the market's total value.

Market volume forecast
The global wireless telecommunication services market grew by 4.8% in 2015 to reach a volume of 5,901.6 million subscriptions. In 2020, the global wireless telecommunication services market is forecast to have a volume of 7,297.1 million subscriptions, an increase of 23.6% since 2015.

Market share
China Mobile is the leading player in the global wireless telecommunication services market, generating a 14.3% share of the market's volume.

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