Rising digital consumption in Asia-Pacific

Friday, 20 August, 2021

Analysis by investment advisors, Frost and Sullivan, reveals the mobile services market in Asia-Pacific (APAC) is witnessing increased mobile applications consumption. The market, comprising mobile voice and SMS, mobile data, and mobile digital services, is projected to reach US$373.40 billion by 2026 at a compound annual growth rate of 2.1%.

By 2026, mobile data is expected to contribute 68.5% of the overall revenue, followed by digital services at 22% and voice and SMS at 9.6%.

The company advises that communication service providers should accelerate 5G deployments to deliver new services and generate additional returns through partnerships and industry collaborations.

Image credit: ©stock.adobe.com/au/ronniechua

Content from other channels on our network

The machine identity gap putting public sector data at risk

Federal government announces new AI Review Committee

LGA SA releases review into council culture

ACSC critical alert for Fortinet Firewalls and VPN Gateways

Access management remains a major problem at many Australian councils

New electrode design boosts fluoride shuttle batteries

Architecting a better lithium-ion battery

Precision-grown nanotubes for next-gen electronics

Wearable glove turns data into thermal sensations

Electrochemical bath revives spent batteries

Second electrical offence leads to $43K penalty

Siemens expands Qld circuit-breaker facility

Applications open for Qld electrical apprenticeships

Sweden's Echandia supplies battery system to Tasmanian shipbuilder

GENERAL Australia announces new leader

Rising digital consumption in Asia-Pacific

DroneShield marks global manufacturing milestone in Europe

Frequentis takes majority ownership of Nemergent

Comtech to sell its space and satellite business

Content from other channels on our network