Annual mobile operator expenditures are now in excess of $800 billion (€638 billion), and several leading players face the possibility of costs exceeding revenues by the end of the decade without remedial action.
Just over 2 billion mobile phone or tablet users will make some form of mobile commerce transaction by the end of 2017, up from 1.6 billion this year.
The number of users of contactless payment services based on near field communications (NFC) technology will reach around 516 million by 2019, up from 101 million this year.
Voice and messaging traffic lost to over the top (OTT) players such as WhatsApp, Facebook and Skype will cost network operators $14 billion (€11 billion) in revenues globally this year.
More than 100 million smart watches will be in use worldwide by 2019, with a host of premium brand launches over the next 12-18 months bringing the category into mainstream consumer consciousness.
The number of smartphone shipments will approach 1.2 billion this year, an increase of 19 per cent from 985 million in 2013, according to latest forecasts by Juniper Research.
Global retail revenue from smart wearable devices will treble by 2016 and reach $53.2 billion by 2019 compared to $4.5 billion expected this year, according to latest research.
NFC in mobile phones to allow contactless payments is far from a new topic, and one of the main discussion points has been the role that mobile operators could play in the value chain. The question now being asked is: will Apple Pay be good or bad for mobile operators?
Worldwide revenues from tablet games will reach $13.3 billion (€10 billion) by 2019, a threefold rise on the 2014 figure of $3.6 billion.
Juniper Research predicts that the value of the mobile context and location-based services (LBS) market will more than triple in the next five years, thanks in large part to the adoption of highly targeted and context-aware ad-supported apps, which will account for over two-thirds of revenues.