Mobile Data May Account for 50% of All Service Revenues This Year

Mobile Data May Account for 50 Percent of All Service Revenues This YearNew research from Chetan Sharma Consulting indicates that the U.S. mobile data market grew 4% Q/Q and 14% Y/Y to reach $21 billion in mobile data revenues.

According to the report, data is now 46% of the U.S. mobile industry service revenues. This is consisent with the forecast made by Sharma a few years ago.

The cross-over point of 50%, Sharma suspects, may happen before the end of 2013.

“For the year 2013, we are expecting $90 Billion in mobile data service revenues for the US market,” Tuesday’s report reads.
Impressively, smartphone penetration has now breached the 60% mark in the U.S.

Driven by leading iOS and Android-powered devices, smartphones “continue to sell at a brisk pace,” accounting for almost 87% of the devices sold in Q2 2013.

“Apple led the smartphone sales amongst the top 4 operators with 42% share for the quarter,” Sharma finds. “While the US penetration of smartphones is 60%, the 60% of the sub base is concentrated in only 35% of the households thus leaving plenty of growth in the marketplace.”

To read the full report from Chetan Sharma Consulting, click here.