By 2020, Revenue From Data Services To Reach USD 19.3 Billion

According to a recent report by Huawei, by the year 2020 revenue from data services is expected to grow 400 per cent to USD 19.3 billion. The report said, “The data revenue is expected to increase from USD 3.9 billion in 2011 to USD 19.3 billion by 2020, registering a 400 per cent growth.”

The report found that by 2020, the total broadband subscriber base is expected to reach 563 million of which 450 million will be wireless subscribers while 113 million will be fixed line users. The voice revenues are expected to decline from USD 34.7 billion in 2011 to USD 31.5 billion by 2020.

It also found that broadband penetration in rural areas is quite low which may be a result of lack of awareness and access to affordable technologies. The report added that,” With the government’s approval for implementation of the nationwide optic fibre backbone market, the broadband penetration is expected to get a major boost in rural India in the next few years.”

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