By 2020, the mobile industry will add $1trillion value to the North American economy
by 2020, the mobile industry will add $1trillion value to the North American economy
-- North American Mobile ecosystem releases IOT, machine to machine and 5g value
10:51:03 Author: Source: CTI forum comment: 0 Click:
according to the latest GSMA research, the North American mobile industry will contribute nearly $1trillion to the region's economy every year by 2020. The report, entitled "the mobile Economy: North America 2016", predicts that by the end of 2020, North America's pioneering role in 5g, IOT, smart cities and connected cars will help the mobile industry account for 4.5% (US $1trillion) of the estimated regional GDP, up from 3.6% (US $710billion) last year. The report was hosted by GSMA mobility live in Atlanta and Metro Atlanta chamber on November! Released at the GSMA mobility live! North America event
Michael O Hara, chief marketing officer of GSMA, said: with the billions of dollars invested by mobile operators in their networks in recent years, North America has become a leader in mobile use and participation, which is specifically reflected in the huge consumption of mobile data. The recent decision of the United States to identify and open 5g service spectrum and its leading position in the IOT market have once again proved that this region is one of the most advanced mobile markets in the world and one of the regions leading the next wave of mobile innovation
the popularity of intelligence and 4G has greatly promoted the surge of mobile data.
North America is one of the most mature mobile markets in the world, which is reflected in its high user penetration and the wide application of mobile broadband and intelligence. By the end of 2015, the number of unique mobile subscribers in the region had reached 284million (equivalent to 79% of the population in the region), and this number is expected to increase to 315 million (85% of the population) by 2020
intelligence accounts for 75% of mobile connections 2 in the region, which is the highest intelligence penetration rate in the world. At the same time, more than half of the connections run on 4G networks. This situation will promote the substantial growth of data traffic, mainly due to video services. It is calculated that by 2020, streaming video transmitted over 4G networks will account for more than three quarters of data consumption. Cisco predicts that by the end of 2020, the data traffic per user in North America will reach nearly 9GB per month, while in 2015, the data traffic per user per month will be about 2GB
its contribution to the North American economy is increasingly significant
last year, the mobile industry in North America contributed a total of $710billion in added value to the North American economy, equivalent to 3.6% of the region's annual GDP. 3. By 2020, with the rapid popularization of new mobile technologies in the region, such as machine to machine (M2M) communication, and the productivity brought by the increasing digitization of industries and services, this figure is expected to increase to nearly 1trillion (4.5% of GDP)
in addition, the mobile industry also created more than 2.3 million jobs directly and indirectly in the region in 2015, and contributed $82billion in taxes to the regional government. This does not include the $46billion raised through spectrum auctions in the United States and Canada that year
operators help IOT revitalize
the report focuses on many areas covered by promoting mobile innovation in North America, especially IOT. The report points out that by the end of 2015, the cellular M2M connections in the region had exceeded 60million, accounting for nearly 15% of the total mobile connections, and it is expected to account for 30% by 2020. IOT equipment is also being connected through a series of non cellular technologies; New low-power wide area networks (lpwa) are being deployed in North America using authorized and unauthorized spectrum. Operators in the region, including at t and Verizon Wireless, are adopting lte-m standards to take full advantage of the existing 4G infrastructure for lpwa services
operators, government agencies and a series of other participating enterprises are also cooperating to deploy new services to help give full play to the potential of smart cities in North America. At the same time, operators are also promoting the development of 5g mobile networks and applications. The technology and automobile industry in North America is also leading the development of the first production line of interconnected vehicles, which mainly produces aluminum alloy medium and heavy plates and the fields of autonomous and driverless vehicles, with the mediation, elimination and upgrading of people's economic tensions, such as aerospace, national defense, kerosene chemicals, transportation and so on
o Hara added: while the growth of users and intelligence is becoming more and more mature, the research results of mobile operators in North America show that they are also committed to connecting a growing number of other devices, from cars to drones, and helping IOT revitalize because "this is a rigid demand market with a consumption of 1.5 million tons/year". The region is home to many of the most innovative enterprises in the broader mobile ecosystem, and venture capital inflows into the mobile sector continue to show healthy growth. In addition, the mobile industry has also benefited from a generally supportive regulatory environment, as exemplified by efforts to reach agreed standards and promote the first wave of 5g deployment
this latest report on the mobile economy in North America 2016 was prepared by GSMA intelligence, a research institution under GSMA. For the complete report and related information charts, please visit: http://
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