In 2012, Consumers will spend $2.1 billion on mobile technology

According to a recent forecast by Cisco Systems’, by 2016 there would be 10 billion mobile connected devices on earth.

As compared to $114 billion in 2011, in 2012, consumers will spend approximately $2.1 billion on mobile technology, which includes mobile services, apps and products such as Smartphone, Tablet and more tech devices. Mobile services will account for about 37% of the overall mobile spending by users. The spend on mobile phone alone will account for 10% (or $22 billion) of overall mobile spending in 2012 and will grow to $300 billion by 2016.

via: dazeinfo

You Might Also Like

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>