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Mobile data apps are where it’s at

Briefs | 08/10/2007 2:03 pm EDT

Perhaps indicating that Canadian telcos offering new wireless applications are on the right track, ABI Research says mobile data apps and services revenue will hit $100 billion by 2012. "Although voice will still generate the bulk of revenues from business customers, mobile data services revenues will become 26% of ARPUs (average revenue per user) by 2012, a 29% compound annual growth rate," says principal analyst Dan Shey in an ABI press release. Vendors with the right mix of industry focus and functionality could witness compound annual growth rates of 80% to 90%, he adds.

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