Global mobile data revenue will increase from $386 billion in 2015 to $630 billion in 2020, with most of the revenue growth in the Asia region and the rest of the world. North America and Western Europe will see only minimal growth.
Parks Associates estimates that by the end of 2020, there will be 17.2 million 5G consumer market subscriptions worldwide, concentrated in the U.S., Japan, South Korea, China, Australia, and major industrial nations in Western Europe, according to Parks Associates.
