Credit crunch – I’m increasingly becoming fed up with hearing this term. It seems that every time that you switch on the TV or flick through a news paper, inevitably you always end up discovering yet more bad news about the state of the current global financial crisis.
It’s not all doom and gloom though; not for the mobile phone industry at least. According to Portio Research, the phone industry is expected to boom, with the percentage of the world’s population who use mobile phones predicted to increase from 50% to a staggering 80% by 2013. Portio say that this works out to be around 5.8 billion people and is due largely to emerging markets in China and India.
The research firm said:
“The mobile industry continues to confound expectations with spectacular accelerating growth,”
Top of Portio’s list of growing markets were China followed by India who are set to provide an extra one billion phone subscribers between them by 2013. Brazil came in at third place with a mere 132 million users.
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John 06.15.11 at 3:13 am
Great article about the credit crisis and predicted increase in the mobile industry. I think we’ll probably use our mobile phones for pretty much everything in the future – paying bills, getting directions, and surfing the net. Have you seen this site talking about mobile tv software? Mobile TV software could be another advancement in the mobile industry.