U.S. Mobile Data Traffic to Top 1 Exabyte by End of 2010
U.S. Mobile Data Traffic to Top 1 Exabyte by End of 2010
Posted 11/09/2010 at 9:21am
| by Paul Lilly
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Need proof that the smartphone/superphone era is in full swing? Consider this: by the end of the year, mobile data revenue for the U.S. alone will likely reach $55 billion, according to analyst Chetan Sharma.
Charma predicts that mobile data usage will exceed 1 exabyte, or one billion gigabytes, by the end of 2010, again just in the U.S. The big beneficiaries here are AT&T and Verizon, the two of which combined to account for 70 percent of the market data services revenue.
All this translates into big bucks for wireless carriers. In the third quarter alone, U.S. mobile data service revenue clocked $14 billion, representing a 25 percent year-over-year growth data market growth rate. And with tablets and eBook readers both looking to play growing roles in the mobile data sweepstakes, all of these numbers will balloon even higher.
Read the full report here (PDF).
Image Credit: Chetan Sharma
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