How big is the mobile data market?

The global mobile data market size was estimated at USD 565.6 billion in 2021 and is expected to reach USD 594.9 billion in 2022.

What is the mobile data market growth?

The global mobile data market is expected to grow at a compound annual growth rate of 6.9% from 2022 to 2028 to reach USD 902.5 billion by 2028.

Which region accounted for the largest mobile data market share?

The Asia Pacific dominated the mobile data market with a share of 34.5% in 2021. This is attributable to the rising number of smart-phone users, constantly growing retail and e-commerce business, and investments in 5G infrastructure.

Who are the key players in the mobile data market?

Some key players operating in the mobile data market include AT&T Inc.; China Telecom Corp., Ltd.; Deutsche Telekom AG; Vodafone Group Plc; Verizon Communications Inc.; Nippon Telegraph and Telephone Corporation (NTT); Telefonica SA; KT Corporation; Reliance Jio Infocomm Limited; and Orange SA.

What are the factors driving the mobile data market?

Key factors that are driving the mobile data market growth include rising spending on 5G infrastructure deployment, increasing demand for internet services among developed and developing economies, and constant consumer shift towards smartphone devices across the globe.