Mobile Data Traffic - Global Market Trajectory & Analytics

Global Mobile Data Traffic Market to Reach 171.3 Million Terabytes per Month by 2027

Amid the COVID-19 crisis, the global market for Mobile Data Traffic estimated at 35.5 Million Terabytes per Month in the year 2020, is projected to reach a revised size of 171.3 Million Terabytes per Month by 2027, growing at a CAGR of 25.2% over the analysis period 2020-2027. Video, one of the segments analyzed in the report, is projected to record a 27.1% CAGR and reach 120.3 Million Terabytes per Month by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Social Networking segment is readjusted to a revised 25.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at 9.5 Million Terabytes per Month, While China is Forecast to Grow at 31.7% CAGR

The Mobile Data Traffic market in the U.S. is estimated at 9.5 Million Terabytes per Month in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 43.3 Million Terabytes per Month by the year 2027 trailing a CAGR of 31.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.7% and 23.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 21.6% CAGR.

Audio Segment to Record 17.6% CAGR

In the global Audio segment, USA, Canada, Japan, China and Europe will drive the 16.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of 1 Million Terabytes per Month in the year 2020 will reach a projected size of 3 Million Terabytes per Month by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 26 Million Terabytes per Month by the year 2027, while Latin America will expand at a 18.9% CAGR through the analysis period.

Select Competitors (Total 35 Featured):

• AT&T, Inc.
• Bharti Airtel Limited
• China Mobile Limited
• China Telecom Corporation Limited
• China Unicom (Hong Kong) Limited
• KDDI Corp.
• KT Corp.
• NTT DoCoMo Inc.
• Orange S.A.
• SK Telecom
• Telefónica S.A.
• Telenor ASA
• Telstra Corporation Limited
• Verizon Communications Inc.
• Vodafone Group Plc.