The cellular or mobile telephone services market size has grown steadily in recent years. It will grow from $216.15 billion in 2023 to $223.37 billion in 2024 at a compound annual growth rate (CAGR) of 3.3%. The growth observed in the historical period can be attributed to the emergence of digital cellular networks, the introduction of GSM standards, the expansion of coverage areas, the rise of mobile data services, and the introduction of prepaid services.
The cellular or mobile telephone services market size is expected to see strong growth in the next few years. It will grow to $273.72 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The anticipated growth in the forecast period can be attributed to smart city initiatives, the rise of MVNOs, mobile security solutions, virtualization, and network slicing, along with evolving user behavior. Key trends during the forecast period include the rise of 5G technology, the expansion of the Internet of Things (IoT), a surge in mobile data consumption, the evolution of mobile devices, and the increasing demand for remote work and connectivity.
The cellular or mobile telephone services market is anticipated to witness growth due to an increasing number of mobile subscribers. According to the Cisco Annual Internet Report, global mobile subscribers are predicted to reach 5.7 billion (71% of the population) by 2023, contributing to a heightened demand for cellular or mobile telephone services.
The proliferation of social media platform users is expected to be a driving force in the cellular or mobile telephone services market. These platforms, facilitating content creation, sharing, and interaction, rely on mobile telephone services for connectivity. As of January 2023, global social media platform users increased from 4.62 billion to 4.72 billion, as reported by Smart Insights. This surge in social media users further propels the demand for cellular or mobile telephone services.
During the forecast period, the growth of the cellular or mobile telephone services market may be limited by the high cost associated with value-added services. The expenses related to mobile data, particularly for heavy streaming on smartphones, vary significantly among countries. For instance, in 2022, the average cost of 1GB of mobile data in Saint Helena was $41.06, followed by the Falkland Islands at $38.45, São Tomé and Príncipe at $29.49, Tokelau at $17.88, and Yemen at $16.58, according to the analysis by UK-based website cable.co.uk. The affordability of mobile value-added services, offered at an additional charge by telecommunication operators, poses a challenge, impacting the revenues of cellular or mobile telephone services.
Major companies in the cellular or mobile telephone services market are introducing innovative services. The World Mobile Service, launched by UK-based telecom company World Mobile, integrates blockchain and cryptocurrency technologies to provide mobile network services. Released in August 2023, the service aims to enhance connectivity in both mainstream and underserved regions globally. Leveraging blockchain and the World Mobile Token (WMT) on the Cardano blockchain, the World Mobile app allows users to identify weak internet areas and earn rewards through the "Scan for Points" function. Additionally, the company has partnered with SingularityNET to explore decentralized Artificial Intelligence services.
Companies are introducing flexible and cost-effective options to cater to customer needs. Cox Mobile, launched by US-based telecommunications company Cox Communications in January 2023, provides internet customers with unlimited talk, text, and data options. With 5G reliability and two data plans - "Pay as You Gig" and "Gig Unlimited" - Cox Mobile offers enhanced connectivity and access to over 4 million Wi-Fi hotspots.
In March 2023, T-Mobile, a US-based wireless network operator, acquired Mint Mobile for an undisclosed amount as part of its growth strategy. This acquisition is expected to expand T-Mobile's market presence by leveraging Mint Mobile's established market position. Mint Mobile, a US-based telecommunications company, specializes in providing mobile wireless services.
Major companies operating in the cellular or mobile telephone services market report are Google LLC, Tata Sons Limited, Verizon Communications Inc., China Mobile Limited, Alibaba Group Holding Limited, AT&T Inc., Deutsche Telekom AG, Nippon Telegraph and Telephone Corporation, T-Mobile US Inc., International Business Machines Corporation, SoftBank Corp., Cisco Systems Inc., Vodafone Group PLC, Nokia Corporation, BCE Inc., Telus Corporation, Rogers Communications Inc., Juniper Networks Inc., United States Cellular Corporation, Gemalto N.V., KongZhong Corporation, Freedom Mobile Inc., Saskatchewan Telecommunications Holding Corporation, Southern Communications Services Inc ., STRATA Networks, Tampnet Inc., Nex-Tech Wireless Inc., Carolina West Wireless Inc., Pine Belt Wireless Inc., Cellular South Inc., Bragg Communications Inc., Xplornet Communications Inc., Bell MTS Inc., Koodo Mobile, Fido Solutions Inc., Virgin Plus, Rogers Communications Canada, Bell Canada, Public Mobile Inc., Cityfone Telecommunications Inc. Asia-Pacific was the largest region in the cellular or mobile telephone services market in 2023. North America was the second largest region of the global cellular or mobile telephone services market share. The regions covered in the cellular or mobile telephone services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The primary categories of cellular or mobile telephone services encompass basic communication and value-added services. A basic communication service is a retail telecommunications service featuring voice grade or equivalent transmission parameters, tone-dialing capability, and local exchange calling provision. The services offered encompass 3G, 4G, and 5G services, with applications spanning various industries such as manufacturing, energy and utilities, media and entertainment, IT and telecom, transportation and logistics, and healthcare.
The cellular or mobile telephone services market research report is one of a series of new reports that provides cellular or mobile telephone services market statistics, including cellular or mobile telephone services industry global market size, regional shares, competitors with a cellular or mobile telephone services market share, detailed cellular or mobile telephone services market segments, market trends and opportunities, and any further data you may need to thrive in the cellular or mobile telephone services industry. This cellular or mobile telephone services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The countries covered in the cellular or mobile telephone services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The cellular or mobile telephone services market includes revenues earned by providing cellular or mobile telephone services market by entities that provide radio communication between mobile and land stations, or between mobile stations, which can be classified into three groups, voice, SMS, and MMS. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The cellular or mobile telephone services market size is expected to see strong growth in the next few years. It will grow to $273.72 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The anticipated growth in the forecast period can be attributed to smart city initiatives, the rise of MVNOs, mobile security solutions, virtualization, and network slicing, along with evolving user behavior. Key trends during the forecast period include the rise of 5G technology, the expansion of the Internet of Things (IoT), a surge in mobile data consumption, the evolution of mobile devices, and the increasing demand for remote work and connectivity.
The cellular or mobile telephone services market is anticipated to witness growth due to an increasing number of mobile subscribers. According to the Cisco Annual Internet Report, global mobile subscribers are predicted to reach 5.7 billion (71% of the population) by 2023, contributing to a heightened demand for cellular or mobile telephone services.
The proliferation of social media platform users is expected to be a driving force in the cellular or mobile telephone services market. These platforms, facilitating content creation, sharing, and interaction, rely on mobile telephone services for connectivity. As of January 2023, global social media platform users increased from 4.62 billion to 4.72 billion, as reported by Smart Insights. This surge in social media users further propels the demand for cellular or mobile telephone services.
During the forecast period, the growth of the cellular or mobile telephone services market may be limited by the high cost associated with value-added services. The expenses related to mobile data, particularly for heavy streaming on smartphones, vary significantly among countries. For instance, in 2022, the average cost of 1GB of mobile data in Saint Helena was $41.06, followed by the Falkland Islands at $38.45, São Tomé and Príncipe at $29.49, Tokelau at $17.88, and Yemen at $16.58, according to the analysis by UK-based website cable.co.uk. The affordability of mobile value-added services, offered at an additional charge by telecommunication operators, poses a challenge, impacting the revenues of cellular or mobile telephone services.
Major companies in the cellular or mobile telephone services market are introducing innovative services. The World Mobile Service, launched by UK-based telecom company World Mobile, integrates blockchain and cryptocurrency technologies to provide mobile network services. Released in August 2023, the service aims to enhance connectivity in both mainstream and underserved regions globally. Leveraging blockchain and the World Mobile Token (WMT) on the Cardano blockchain, the World Mobile app allows users to identify weak internet areas and earn rewards through the "Scan for Points" function. Additionally, the company has partnered with SingularityNET to explore decentralized Artificial Intelligence services.
Companies are introducing flexible and cost-effective options to cater to customer needs. Cox Mobile, launched by US-based telecommunications company Cox Communications in January 2023, provides internet customers with unlimited talk, text, and data options. With 5G reliability and two data plans - "Pay as You Gig" and "Gig Unlimited" - Cox Mobile offers enhanced connectivity and access to over 4 million Wi-Fi hotspots.
In March 2023, T-Mobile, a US-based wireless network operator, acquired Mint Mobile for an undisclosed amount as part of its growth strategy. This acquisition is expected to expand T-Mobile's market presence by leveraging Mint Mobile's established market position. Mint Mobile, a US-based telecommunications company, specializes in providing mobile wireless services.
Major companies operating in the cellular or mobile telephone services market report are Google LLC, Tata Sons Limited, Verizon Communications Inc., China Mobile Limited, Alibaba Group Holding Limited, AT&T Inc., Deutsche Telekom AG, Nippon Telegraph and Telephone Corporation, T-Mobile US Inc., International Business Machines Corporation, SoftBank Corp., Cisco Systems Inc., Vodafone Group PLC, Nokia Corporation, BCE Inc., Telus Corporation, Rogers Communications Inc., Juniper Networks Inc., United States Cellular Corporation, Gemalto N.V., KongZhong Corporation, Freedom Mobile Inc., Saskatchewan Telecommunications Holding Corporation, Southern Communications Services Inc ., STRATA Networks, Tampnet Inc., Nex-Tech Wireless Inc., Carolina West Wireless Inc., Pine Belt Wireless Inc., Cellular South Inc., Bragg Communications Inc., Xplornet Communications Inc., Bell MTS Inc., Koodo Mobile, Fido Solutions Inc., Virgin Plus, Rogers Communications Canada, Bell Canada, Public Mobile Inc., Cityfone Telecommunications Inc. Asia-Pacific was the largest region in the cellular or mobile telephone services market in 2023. North America was the second largest region of the global cellular or mobile telephone services market share. The regions covered in the cellular or mobile telephone services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The primary categories of cellular or mobile telephone services encompass basic communication and value-added services. A basic communication service is a retail telecommunications service featuring voice grade or equivalent transmission parameters, tone-dialing capability, and local exchange calling provision. The services offered encompass 3G, 4G, and 5G services, with applications spanning various industries such as manufacturing, energy and utilities, media and entertainment, IT and telecom, transportation and logistics, and healthcare.
The cellular or mobile telephone services market research report is one of a series of new reports that provides cellular or mobile telephone services market statistics, including cellular or mobile telephone services industry global market size, regional shares, competitors with a cellular or mobile telephone services market share, detailed cellular or mobile telephone services market segments, market trends and opportunities, and any further data you may need to thrive in the cellular or mobile telephone services industry. This cellular or mobile telephone services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The countries covered in the cellular or mobile telephone services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The cellular or mobile telephone services market includes revenues earned by providing cellular or mobile telephone services market by entities that provide radio communication between mobile and land stations, or between mobile stations, which can be classified into three groups, voice, SMS, and MMS. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Table of Contents
1. Executive Summary2. Cellular or Mobile Telephone Services Market Characteristics3. Cellular or Mobile Telephone Services Market Trends and Strategies32. Global Cellular or Mobile Telephone Services Market Competitive Benchmarking33. Global Cellular or Mobile Telephone Services Market Competitive Dashboard34. Key Mergers and Acquisitions in the Cellular or Mobile Telephone Services Market
4. Cellular or Mobile Telephone Services Market - Macro Economic Scenario
5. Global Cellular or Mobile Telephone Services Market Size and Growth
6. Cellular or Mobile Telephone Services Market Segmentation
7. Cellular or Mobile Telephone Services Market Regional and Country Analysis
8. Asia-Pacific Cellular or Mobile Telephone Services Market
9. China Cellular or Mobile Telephone Services Market
10. India Cellular or Mobile Telephone Services Market
11. Japan Cellular or Mobile Telephone Services Market
12. Australia Cellular or Mobile Telephone Services Market
13. Indonesia Cellular or Mobile Telephone Services Market
14. South Korea Cellular or Mobile Telephone Services Market
15. Western Europe Cellular or Mobile Telephone Services Market
16. UK Cellular or Mobile Telephone Services Market
17. Germany Cellular or Mobile Telephone Services Market
18. France Cellular or Mobile Telephone Services Market
19. Italy Cellular or Mobile Telephone Services Market
20. Spain Cellular or Mobile Telephone Services Market
21. Eastern Europe Cellular or Mobile Telephone Services Market
22. Russia Cellular or Mobile Telephone Services Market
23. North America Cellular or Mobile Telephone Services Market
24. USA Cellular or Mobile Telephone Services Market
25. Canada Cellular or Mobile Telephone Services Market
26. South America Cellular or Mobile Telephone Services Market
27. Brazil Cellular or Mobile Telephone Services Market
28. Middle East Cellular or Mobile Telephone Services Market
29. Africa Cellular or Mobile Telephone Services Market
30. Cellular or Mobile Telephone Services Market Competitive Landscape and Company Profiles
31. Cellular or Mobile Telephone Services Market Other Major and Innovative Companies
35. Cellular or Mobile Telephone Services Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Cellular or Mobile Telephone Services Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on cellular or mobile telephone services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
- Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for cellular or mobile telephone services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Type: Basic Communication; Value-Added
2) By Service: 3G Services; 4G Services; 5G Services
3) By End-user: Manufacturing; Energy and Utilities; Media and Entertainment; It and Telecom; Transportation and Logistics; Healthcare
Key Companies Mentioned: Google LLC; Tata Sons Limited; Verizon Communications Inc.; China Mobile Limited; Alibaba Group Holding Limited
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Google LLC
- Tata Sons Limited
- Verizon Communications Inc.
- China Mobile Limited
- Alibaba Group Holding Limited
- AT&T Inc.
- Deutsche Telekom AG
- Nippon Telegraph and Telephone Corporation
- T-Mobile US Inc.
- International Business Machines Corporation
- SoftBank Corp.
- Cisco Systems Inc.
- Vodafone Group plc
- Nokia Corporation
- BCE Inc.
- Telus Corporation
- Rogers Communications Inc.
- Juniper Networks Inc.
- United States Cellular Corporation
- Gemalto N.V.
- KongZhong Corporation
- Freedom Mobile Inc.
- Saskatchewan Telecommunications Holding Corporation
- Southern Communications Services Inc .
- STRATA Networks
- Tampnet Inc.
- Nex-Tech Wireless Inc.
- Carolina West Wireless Inc.
- Pine Belt Wireless Inc.
- Cellular South Inc.
- Bragg Communications Inc.
- Xplornet Communications Inc.
- Bell MTS Inc.
- Koodo Mobile
- Fido Solutions Inc.
- Virgin Plus
- Rogers Communications Canada
- Bell Canada
- Public Mobile Inc.
- Cityfone Telecommunications Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | February 2024 |
| Forecast Period | 2024 - 2028 |
| Estimated Market Value ( USD | $ 223.37 Billion |
| Forecasted Market Value ( USD | $ 273.72 Billion |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | Global |
