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Sunday, 01 May 2022 11:39

Overall mobile service revenue growth in Singapore to remain tepid over 2021-2026, forecasts GlobalData

Despite the anticipated growth in 5G service adoption, the total mobile service revenue in Singapore is expected to increase at a sluggish compounded annual growth rate (CAGR) of 0.8% from US$1.7bn in 2021 to US$1.8bn in 2026, with mobile subscription penetration of population hitting saturation and total mobile subscriptions too expected to decline over the forecast period, forecasts data and analytics company GlobalData.

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