Global Mobile Data Traffic Strategic Business Report 2023: 5G to Remain at the Helm of Mobile Data Traffic Growth
May 19, 2023 06:13 ET| Source: Research and MarketsFollow
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Dublin, May 19, 2023 (GLOBE NEWSWIRE) -- The "Mobile Data Traffic: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Mobile Data Traffic estimated at 84.1 Million Terabytes per Month in the year 2022, is projected to reach a revised size of 603.5 Million Terabytes per Month by 2030, growing at a CAGR of 27.9% over the analysis period 2022-2030.
Video, one of the segments analyzed in the report, is projected to record a 29.8% CAGR and reach 462.9 Million Terabytes per Month by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Social Networking segment is readjusted to a revised 26.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at 5.7 Million Terabytes per Month, While China is Forecast to Grow at 23.9% CAGR
The Mobile Data Traffic market in the U.S. is estimated at 5.7 Million Terabytes per Month in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 143.8 Million Terabytes per Month by the year 2030 trailing a CAGR of 23.9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.2% and 21.1% respectively over the 2022-2030 period.
Within Europe, Germany is forecast to grow at approximately 19.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 319.2 Million Terabytes per Month by the year 2030.
Select Competitors (Total 53 Featured) -
- AT&T
- Bharti Airtel Limited
- China Mobile Limited
- China Telecom Corporation Limited
- China Unicom (Hong Kong) Limited
- KDDI Corp.
- KT Corp.
- NTT DoCoMo, Inc.
- Orange S.A.`
- SK Telecom
- Telefonica S.A.
- Telenor ASA
- Telstra Corporation Limited
- T-Mobile International AG & Co. KG
- Verizon Communications, Inc.
- Vodafone Group Plc
Key Topics Covered: