Ovum predicts short-term slowdown of mobile revenue growth

Ovum previously predicted that carrier service revenues would surpass $1 trillion in 2010, but due to the recession, the research firm now expects this barrier to be broken in 2011.

The greatest impact of recessionary forces is seen in the short term. Ovum has revised its revenue forecasts for 2009 down by 9 percent compared to its previously published figures, yet by 2013 the difference is just 1.7 percent lower. The result of the economy will be downward pressure on carriers’ Average Revenue Per User, leading to an increasing need for network efficiency, and in mature markets such as the U.S., this will drive the uptake of LTE over WiMax, according to Ovum.

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