Africa is world's fastest growing mobile market, study says

Nov 13, 2012
A handset dealer in Lagos in 2008. The number of Africa's mobile subscriptions will reach 761 million this year, making the continent once again the fastest growing market in the world, a research group has claimed.

The number of Africa's mobile subscriptions will reach 761 million this year, making the continent once again the fastest growing market in the world, a research group has claimed.

Pushed on by the continent's robust economic growth and an increasingly competitive marketplace the number of in is set to hit one billion by 2015, -based Informa Telecoms & Media said Monday.

The group forecasts that the African market will have grown 18 percent by the end of next year, against the world average of 11 percent.

"Africa's mobile market continues to grow robustly, driven by competition among mobile operators, the availability of new data services and strong economic growth on the continent," said Africa and Middle East analyst Matthew Reed.

"And substantial opportunities for further growth remain, because the rate of mobile penetration in Africa is the lowest among major world regions and fixed networks are under-developed or absent across much of the continent."

Africa is the world's second largest mobile market behind Asia, but penetration by end-September was only 68 percent against a world average of 91 percent.

Informa forecasts 1.13 billion subscriptions by the end of 2017. The continent's biggest Nigeria, with 100 million subscriptions, is set to rise to 169 million.

Mobile data is also on the increase, said the firm.

Industry association GSMA said last year that the industry on the continent accounted some 3.5 per cent of total GDP, or $56 billion of which mobile operators made up the largest chunk.

Explore further: Making smartphone browsing 20% faster while reducing power consumption by 40%

add to favorites email to friend print save as pdf

Related Stories

Africa: the new pot of gold for mobile telecoms

Dec 06, 2011

Africa's lag in land-based telecoms infrastructure has propelled the continent directly into the mobile age, opening up short-term growth prospects unparalleled in the world.

China's mobile phone subscriptions top a billion

Mar 30, 2012

China said Friday it had broken the barrier of one billion mobile phone accounts at the end of February, as more people in the world's most populous country ditch fixed phones.

S.Africa behind other African states in Internet access

May 29, 2012

Internet penetration in South Africa, the continent's economic powerhouse, is low compared to other leading economies in Africa due to high broadband cost and a lack of infrastructure, a study said Tuesday.

Mobile industry key to Africa's future

Feb 04, 2006

Africa will see a significant rise in mobile subscribers between 2006 and 2011, adding as many as 265 million new subscribers, according to a recent study that indicates telecommunications will narrow the gap in the digital ...

Recommended for you

Microsoft beefs up security protection in Windows 10

19 hours ago

What Microsoft users in business care deeply about—-a system architecture that supports efforts to get their work done efficiently; a work-centric menu to quickly access projects rather than weather readings ...

US official: Auto safety agency under review

Oct 24, 2014

Transportation officials are reviewing the "safety culture" of the U.S. agency that oversees auto recalls, a senior Obama administration official said Friday. The National Highway Traffic Safety Administration has been criticized ...

Out-of-patience investors sell off Amazon

Oct 24, 2014

Amazon has long acted like an ideal customer on its own website: a freewheeling big spender with no worries about balancing a checkbook. Investors confident in founder and CEO Jeff Bezos' invest-and-expand ...

Ebola.com domain sold for big payout

Oct 24, 2014

The owners of the website Ebola.com have scored a big payday with the outbreak of the epidemic, selling the domain for more than $200,000 in cash and stock.

Hacker gets prison for cyberattack stealing $9.4M

Oct 24, 2014

An Estonian man who pleaded guilty to orchestrating a 2008 cyberattack on a credit card processing company that enabled hackers to steal $9.4 million has been sentenced to 11 years in prison by a federal judge in Atlanta.

Magic Leap moves beyond older lines of VR

Oct 24, 2014

Two messages from Magic Leap: Most of us know that a world with dragons and unicorns, elves and fairies is just a better world. The other message: Technology can be mindboggingly awesome. When the two ...

User comments : 0