Mobile data revenue will exceed voice revenue globally by 2018, according to a report released today by the mobile operators industry group GSMA.
Data revenue first surpassed voice revenue in Japan in 2012. This year, Argentina will become the second country to reflect the coming shift, according to the report. The United States and UK will likely follow suit in 2014, and the developing country will round out the shift a few years later.
By 2017, the number of global mobile broadband connections will more than triple to 5.1 billion, according to the report.
The total number of mobile-connected devices will grow by 7.5 million by 2020, presenting mobile operators with a total revenue opportunity of $1 trillion. The trend relies in part on the continued digitization of the healthcare, education, automotive and municipal sectors.