|UMTS Forum forecasts $1 trillion opportunity for 3G over next decade|
Posted: 27-Apr-2001 [Source: UMTS Forum]
[Report forecasts non-voice service will dominate voice comprising 66% of 3G revenues by the year 20l0.]
"The UMTS Forum, the international organisation committed to the successful introduction and development of UMTS, tomorrow publishes a report which forecasts that revenues from 3G services worldwide will represent a cumulative market opportunity worth as much as $1 trillion between now and 2010.
"Among other findings the report, which is titled "The UMTS Third Generation Market - Phase II: Structuring the Service Revenue Opportunities, Including Worldwide and Regional Forecasts for Mobile Internet Access, Multimedia Messaging Service for Business, Location-Based Services, Rich Voice and Simple Voice", makes these predictions:
"Total operator-retained annual revenues of over $300 billion for 3G services by 2010
In 2010 the average 3G subscriber will spend about $30 per month on 3G data services
Non-voice service revenues will dominate voice revenues by 2004 and comprise 66% of 3G service revenues by 2010
Asia Pacific represents the single largest total revenue opportunity - reaching $120 billion in 2010
Europe and North America will provide the highest annual revenue per POP ($150 - $200 per year).
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