Mobile Data Revenues Projected to Reach $90 Billion This Year

New research from Chetan Sharma Consulting shows that mobile data revenues are healthy and vibrant in the United States today.

The US mobile data market grew 3% Q/Q and 15% Y/Y to cross $20B for the first time in Q412, the latest research shows.

Data is now almost 44% of the US mobile industry service revenues. The cross-over point of 50% might occur later this year, Charma estimates.

For the year 2013, we are forecasting that mobile data revenues in the US market will reach $90 billion.

Verizon and AT&T dominated Q4, accounting for 69% of the mobile data services revenue and had 66% of the subscription base.

“Verizon and AT&T maintained its #1 & #2 mobile data revenue ranking in Q4 2012,” the report reads. “Sprint and T-Mobile maintained their #5 and #9 rank in the top 10 mobile data operators list for Q4 2012.”

For 2012, Verizon aggregated an astonishing $28.2 Billion haul from mobile data with AT&T close behind at almost $26 Billion.

For comparison, Charma says, the mobile data business for the US was around $1 Billion a decade ago.

To read the complete report, click here.