Mobile Minute: Predictions 2020
If you already know someone who doesn’t have a mobile device, those chances will dramatically decrease come 2020, when the trade group GSMA predicts that the total number of connected wireless devices will rise to more than 24 billion worldwide. That is nearly three times the number of mobile devices today, which is currently at 9 billion. This growth will create a $1.2 trillion market opportunity for the wireless industry, which is a seven-fold increase from 2011’s expected revenues, according to a study from Machina Research. Creating connectivity amongst all these platforms provides a huge opportunity for the mobile industry, and may make these already important devices an even more integral part of consumers’ lives.