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February 14, 2015

After growing at 77% CAGR, Mobile usage set to decline and grow at at 3.5% CAGR

Mobile usage to decline considerably by 2020
image source : gsmmobile data

If   one  wishes  to understand the phenomenal growth of the  Mobile usage, Just consider 2 facts
 At the end of 2003, there were a little over one billion unique subscribers globally, a 15% penetration  equivalent to just under one in six people. 
By the end of 2013 this figure had increased more than threefold to 3.4 billion, equivalent to a unique subscriber penetration rate of 47%. 
However the bad news is the next 5 years, Mobile needs a new disruption. until then its slated to grow at 3.5% CAFR  till 2020 .