Tuesday, 30 July 2019 19:50

Mobile operator revenues to reach US$120 billion by 2024: report Featured

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Revenue opportunities for mobile operators, outside of voice, messaging and mobile data termination, will reach US$120 billion by 2024 - up from US$67 billion this year, according to a new report.

The report from Juniper Research – Mobile Operator Business Models: Challenges, Opportunities & Strategies 2019-2024 - identifies a series of growing revenue opportunities for network operators that will help to combat declining revenues from voice and messaging termination – and predicting that mobile identity services, carrier billing and cellular IoT connectivity will be the fastest growing sectors for operators.

Juniper assessed 25 leading operators in its ‘Operator Innovation Index’; scoring their level of agility and innovation, the breadth & quality of their solutions, and their anticipated future prospects in the field.

It ranked the five leading operators, with Vodafone ranked as the most innovative network operator, scoring highly for the level of network virtualisation implemented in its network, its involvement in the IoT sector, and its high level of investment in trials of 5G networks:

1) Vodafone
2) Verizon
3) AT&T
4) Telefónica
5) Telenor

According to research author, Morgane Kimmich, “Innovation must continue to focus primarily on reducing the capital expenditure on networks through virtualisation of core networks. Operators should also continue to explore new revenue streams that leverage the mobile networks they have in place.”

Juniper says the growth of cellular data traffic will challenge operators, with the research predicting that average data traffic generated per user will rise from 49GB in 2019 to over 157GB by 2024.

In response, the research urged operators to optimise LTE networks for data services, while preparing for future 5G networks.

The research also predicted that growth of future cellular traffic would be driven by increasing usage of video streaming services, such as Netflix and Hulu – and that 56% of total cellular data generated by mobile handsets would be attributable to video streaming services, rising from 40% in 2019.

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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