Mobile communication is probably the fastest and most influential technology to have ever impacted social and economic change. Today, there are more mobile communication devices in the world than there are people. The predicted future growth rates of mobile users and subscribers are astonishing. Challenging economic conditions have had seemingly no effect on consumer demand. Many different industries have also expedited the adoption of mobile communications, not just to connect machines to applications but also to expand their consumer base.
Developed markets, such as North America, Europe, and parts of Asia, are characterized by the presence of data-hungry smartphones powered by superfast 3G and 4G mobile broadband networks. However, the anticipated subscriber growth in these regions is not as high as that in emerging economies such as China, India, South Korea, and several African countries. The availability of messaging, calling, and social networking services such as Skype, Facebook, and WhatsApp has also significantly driven mobile communications among users.
Persistence Market Research understands the way mobile communications have changed the global economy. With its expert and in-depth analyses of the various factors that have brought about this change, PMR guides companies on how to stay competitive in this rapidly expanding market.