GSMA：2023年亞太地區(qū)移動經(jīng)濟報告

TheMobile

Economy

AsiaPacific

2023

Copyright?2023GSMA

TheGSMAisaglobalorganisationunifyingthemobile

ecosystemtodiscover,developanddeliverinnovation

foundationaltopositivebusinessenvironmentsand

societalchange.Ourvisionistounlockthefullpowerof

connectivitysothatpeople,industryandsocietythrive.

Representingmobileoperatorsandorganisationsacross

themobileecosystemandadjacentindustries,theGSMA

deliversforitsmembersacrossthreebroadpillars:

ConnectivityforGood,IndustryServicesandSolutions,

andOutreach.Thisactivityincludesadvancingpolicy,

tacklingtoday’sbiggestsocietalchallenges,underpinning

thetechnologyandinteroperabilitythatmakemobile

work,andprovidingtheworld’slargestplatformto

convenethemobileecosystemattheMWCandM360

seriesofevents.

Weinviteyoutofindoutmoreat

FollowtheGSMAonTwitter:

@GSMA

GSMAIntelligenceisthedefinitivesourceofglobalmobile

operatordata,analysisandforecasts,andpublisherof

authoritativeindustryreportsandresearch.Ourdata

coverseveryoperatorgroup,networkandMVNOinevery

countryworldwide–fromAfghanistantoZimbabwe.Itis

themostaccurateandcompletesetofindustrymetrics

available,comprisingtensofmillionsofindividualdata

points,updateddaily.

GSMAIntelligenceisreliedonbyleadingoperators,

vendors,regulators,financialinstitutionsandthird-party

industryplayers,tosupportstrategicdecision-making

andlong-terminvestmentplanning.Thedataisusedas

anindustryreferencepointandisfrequentlycitedbythe

mediaandbytheindustryitself.

Ourteamofanalystsandexpertsproduceregular

thought-leadingresearchreportsacrossarangeof

industrytopics.

info@

Contents

Executivesummary

3

1.

Themobileindustryinnumbers

10

2.

Mobileindustrytrends

25

2.1

The5Gmonetisationimperativegrows

26

2.2

GenerativeAIontherise

29

2.3

Theshifttocircularitygathersmomentum

31

2.4

Consolidationisdrivingscaleandefficiency

34

2.5

Mobileconnectivityfuellingfintechsolutions

37

3.

Mobileindustryimpact

39

3.1

Mobile’simpactonSDGs

40

3.2

Mobileoperatorsimprovingpublicservicedelivery

42

3.3

Mobileaddressingclimatechangeissues

43

4.Mobileindustryenablers44

4.1Policiesforgrowthandinnovation45

4.2Effectivespectrumpolicy:meetingfutureconnectivitydemand48

Executive

summary

5Gmomentumbuilds

inAsiaPacific

Mobileconnectivitycontinuestobeatthecoreof

digitalinnovationinAsiaPacific,1enablingawide

rangeoftransformativetechnologiesforindividuals

andenterprises,andhelpinggovernmentstodeliver

positiveimpactsforsociety.Authoritiesacrossthe

regionareimplementinginitiativestointegrate

mobile-enabledtechnologiesacrosseveryaspectof

society,fromimprovinghealthcareandactualising

Industry4.0tosupportingvulnerablecommunities

facingchallengingsituations,includingclimate-

relatedandgeophysicaldisasters.Theimpactof

mobileconnectivityisevidencedbyitscontribution

totheeconomy;in2022,mobiletechnologiesand

servicesgeneratedjustunder5%ofAsiaPacific’s

GDP–acontributionthatamountedto$810billionof

economicvalueadded.

5Gwillunderpinmuchoftheinnovationandnew

servicesonmobile-basedplatformsinthecoming

years,helpedbytherapidrolloutandadoptionof

thetechnologyintheregion.AsiaPacificishome

topioneer5Gmarkets,suchasAustralia,Japan,

SingaporeandSouthKorea,wherethetechnology

hasbecomemainstream.Theregionalsohassomeof

thefastestgrowing5Gmarketstoday,notablyIndia,

whichissettoaddtensofmillionsof5Gconnectionsin2023.Bytheendof2030,therewillbearound1.4billion5GconnectionsinAsiaPacific,equivalentto41%oftotalmobileconnections.5GisexpectedtobenefiteverysectoroftheAsiaPacificeconomy,especiallyservicesandmanufacturing.

In2022,mobiletechnologiesandservicesgeneratedjustunder5%ofAsiaPacific’sGDP–acontributionthatamountedto$810billionofeconomicvalueadded

1.AsiaPacificinthisreportexcludesChinaunlessstatedotherwise.

3/50

Executivesummary

Keytrendsshapingthe

mobileecosystem

5G:thegrowingmonetisation

imperative

As5Gadoptiongrows,themonetisationimperativewillescalate.A‘wow’factorisrequiredtoattractnewcustomersorincentiviseexistingonestowardshigherspend.Extendedreality(XR)isastrongcandidatehere,havingthepotentialtousherinanewageofimmersiveconsumerexperiencesthatbenefitfrom5G’sadvancedcapabilitiesaroundspeed,latencyandcapacity.5Gfixedwirelessaccess(FWA)servicesprovideafurtherincrementalrevenueopportunity,particularlyinmarketswithlowfixedbroadbandpenetrationorwherethefixedbroadbandtechnologymixskewstowardsxDSL.Whiletheconsumersegmentrepresentsthelargestcontributortooperatorrevenues,enterpriseisthemaingrowthdriverasoperatorstargetthedigitaltransformationofindustries.5Gstandalone(SA)andprivate5Gnetworkswillbepivotaltoenterprise5Gmonetisation.

TheriseofgenerativeAI

MobileoperatorshaveutilisedAIforawhilenowtovaryingdegrees.However,theemergenceofgenerativeAIhaspushedtheenvelopeon

AIcapabilitiesandthrustAItechnologyintoboardroomconversationsglobally.OperatorswilluseadvancedAImodels,suchasChatGPT,beyondnetworkfunctionstodeliverasmarterandmorepersonalisedcustomerexperience.DevelopmentsinAIwillalsohaveprofoundeffectsonothersectorsoftheeconomy.Initialusecaseshavepertainedtocontentdevelopment,butafurtherwaveoftoolswillcontextualisetheuseoflargelanguagemodelsforspecificindustriesandapplications.However,ethicalconcernsaroundthetechnologystillneedtobeaddressed.AIregulationwillthereforecontinuetomoveupthepolicyagendaasgovernmentsdevelopframeworksforregulatingtheuseofnewAItools.

Theshifttocircularitygathers

momentum

Theconceptofcircularityhasrisentothetopoftheagendaforpolicymakersandindustryplayersinlightofgrowingconcernsaroundthegenerationofe-wasteandunsustainablelevelsofconsumptionofnaturalresources.Althoughthetechnicallifespanofamobiledeviceisnowbetweenfourandsevenyears,theaverageuseperiodofmobiledevices

isonlyaroundthreeyears.Governmentsandindustryplayershavearoletoplayinincentivisingconsumers,suchasbybuildingnewchannelsandsupplierstocollect,refurbishandreselldevicesandimplementingawarenesscampaignsonsustainability.OperatorsandotherecosystemplayersinAsiaPacificarealreadytakingaleadinthisregard,withinitiativestodrivecircularityinmobilephonesandotherdigitaldevices.

Consolidationdrivesscaleand

efficiency

ThewaveoftelcoconsolidationinAsiaPacifichascontinuedinto2023,withtheannouncementthatDialogAxiataandBhartiAirtelplantomergetheiroperationsinSriLanka.Drivingthistrendistheneedtorampupinvestmentstofuel5Grollout,improvenetworkperformanceforcustomersandachieveefficiencygainsamidgrowingcompetitionandnarrowingmargins,asevidencedbytheinitialoutcomesfromsomerecentdeals.Inthe5Gera,scalehasbecomeincreasinglyimportantforoperatorsastheylooktomusterthecapitalexpenditurerequiredforextensivenetworkdeployment,distributeandmonetisenew5Gservices.Forpolicymakers,adoptinganevidence-basedapproachtoassessingconsolidationdealsiscrucialtoachievingthebestoutcomesforconsumersandindustryplayers.

Mobileisfuellingfintech

Regionally,AsiaPacifichasoneofthefastest-growingfintechindustries,includingmassivematuremarketssuchasIndiaandemergingonessuchasVietnamandIndonesia.Thecontinuedgrowthinthefintechsector,especiallysincetheCovid-19pandemic,hasimprovedtheleveloffinancialinclusionintheregion,resultinginanincreaseinmobilemoneyaccounts,pointofsaleterminalsandB2Bsales,amongothers.Operatorshavebeenpartneringwithecosystemplayerstodiversifyproductsandofferoptionssuchas‘buynow,paylater'.Atthesametime,investorsinAsiaPacifichavecontinuedtheirfocusonfintechtoimproveaccesstoavarietyoffinancialproductsforbothindividualsandsmallbusinesses–suchasmicrolending,SMElendingandB2Bpayments.Wealthmanagementgearedatlower-wealthsegmentshasalsogainedsomeattention.

Executivesummary

4/50

Keymobileindustrymilestones

to2030

1.45billionmobileinternetsubscribers

2billion4G

connections

3Gadoptionfallsto

singledigits

1billion5G

connections

4Gadoptionfalls

below60%

3billionsmartphoneconnections

25%5Gadoption

4Gadoptionbegins

todecline

95%adoptionof

3G/4G/5G

67%uniquesubscriberpenetration

3billionmobile

connections

55%mobileinternet

penetration

20232024202520262027202820292030

300million5Gconnections

85%smartphoneadoption

600million5Gconnections

30%5Gadoption

70%uniquemobilesubscriberpenetration

41%5G

adoption

3Gadoptionfallsbelow3%

90%smartphoneadoption

2billionuniquemobilesubscribers

4Gadoptionpeaks

at76%

10%5Gadoption

2.6billionsmartphone

connections

Policiesforgrowth

andinnovation

Tomaximisethepotentialforgrowthandinnovationintheregion,policymakerscantakeactiontorebalancethedigitalecosystemandcreatefairerbusinessconditionsformobileoperators.Suchmovescanensurethatoperatorsinvestinresourcestobuildoutremaining4Ginfrastructure,aswellas5Gnetworks,atscaleandpace.Itcanalsoensuretheintroductionofnewnetworkservicesthatwillenablethedigitaleconomyinthecomingdecades.

Inpractice,thismeansputtinginplacetherightincentivestopromotethelong-termgrowthofthevaluechain,implementinganoptimaltaxframeworktofosterthedevelopmentofthedigitaleconomy,reducingtheregulatorycompliance

burdenonoperators,takingstepstoclosethedigitaldivide(includingforwomenandothervulnerablepopulations),andprotectingcitizensandbusinessesonline.

Meanwhile,theITU’sWorldRadiocommunicationConference2023(WRC-23)willtakeplacefrom20Novemberto15December2023inDubai.WRC-

23willofferanopportunitytobuildaspectrumroadmapgoinginto2030,addressthedigitaldivideandensure5Gcanbenefitbillionsofpeoplearoundtheworld.Thechancetoexpandtheavailabilityofaffordable5Gservicesiscrucial,assuchservices,alongwithregulatorypolicysupport,willhelpensurefuturegrowthandinnovation.

Executivesummary

5/50

49%

2022

SIMconnections

(excludinglicensedcellularIoT)

2.80bn

3.34bn

Percentageofconnections(excludinglicensedcellularIoT)

4G

70%

55%

2022

2022

2030

2030

Percentageofconnections(excludinglicensedcellularIoT)

5G

4%

2022

CAGR

41%

2022-2030

0.9%

2030

TheMobileEconomyAsiaPacific

Uniquemobile

70%

2.11bn

subscribers

1.73bn

Penetrationrate

Percentageofpopulation

2.5%

CAGR

2022-2030

62%

2022

2030

2022

2030

2022

2030

users

Mobileinternet

1.36bn

1.84bn

61%

2030

Penetrationrate

Percentageofpopulation

CAGR

2022-2030

3.8%

Penetrationrate

Percentageofpopulation

100%

2022

112%

2030

Operatorrevenues

andinvestment

$189bn

$212bn

Operatorcapex

Total

revenues

2022

$259bn

20232030

2030

supportedindirectly

Smartphones

(percentageofconnections*)

IoTconnections

Licensedcellular

76%

94%

2022

2022

119mlections

2030

2030

284m

Mobileecosystem

Publicfunding

$90bn

contributiontoGDP

2022

4.8%ofGDP

2022

$810bn

Mobileecosystemcontributionto

publicfunding(beforeregulatory

andspectrumfees)

2030

$990bn

Employment

3.6millionjobs

7.2millionjobs

Directlysupportedbythemobileecosystemin2022

2022

2030

Smartphoneadoption

2022

2030

2022

2030

Smartphoneadoption

2022

2030

2022

2030

Smartphoneadoption

2022

2030

Subscriberandtechnologytrendsforkeymarkets

AsiaPacific

Technologymix*

4%

15%

41%

1%3%

11%

2022

2030

70%

55%

2G3G

4G

5G

Subscriberpenetration

202262%

203070%

Smartphoneadoption

202276%

203094%

LeadingNationsprogramme2

Bangladesh

India

Indonesia

Pakistan

Technologymix*

2%3%

16%

2G3G4G5G

460382238%2%20323073%

Technologymix*

3%

7274%20223%3%4103056%

2G3G4G5G

8585%20123%320064%

Technologymix*

1%11%4%

2G3G4G5G

5757%2027%36%Q1010%20%1%80%

Technologymix*

2G3G4G5G

Subscriberpenetration

2022

2030

Smartphoneadoption

2022

2030

Subscriberpenetration

Subscriberpenetration

Subscriberpenetration

58%

66%

50%

82%

63%

74%

77%

95%

56%

64%

83%

94%

40%

43%

59%

80%

Executivesummary

8/50

Subscriberpenetration

2022

2030

Smartphoneadoption

2022

2030

Subscriberpenetration

2022

2030

Smartphoneadoption

2022

2030

Subscriberpenetration

2022

2030

Smartphoneadoption

2022

2030

Subscriberpenetration

2022

2030

Smartphoneadoption

2022

2030

89%

94%

73%

93%

78%

85%

90%

96%

94%

95%

90%

96%

96%

96%

86%

96%

Japan

Malaysia

Singapore

SouthKorea

APAC5GForum3

Technologymix*

口%

8%

O’

C9%

6C%

2022

2030

LO%

C9父9

口9

S9

Technologymix*

L%S%

父O%

2022

2030

6口%

LO%

C9父9

口9

S9

Technologymix*

L9%

L%8%

S%

O.L%L%

2022

2030

LS%

6父%

C9父9

口9

S9

Technologymix*

O.口%父%

口父%

S%

2022

2030

S口%

6S%

C9父9

口9

S9

*Percentageoftotalconnections

2.TheGSMALeadingNationsengagement(comprisingBangladesh,India,IndonesiaandPakistan)seekstoacceleratethegrowthofthedigitaleconomyandadvancethemobileindustry’ssustainabilitybylobbyingforregulatorymodernisationwithrelevantstakeholders.

3.TheGSMAAPAC5GForumisa5Gindustryengagementcommunityplatformtohelp5G-pioneeringoperatorsandgovernmentstocollaborateinordertopromoteandfosterthetimelydeploymentandrolloutofcommercial5Gnetworksandservices(B2C,B2B,B2G)throughthepromotionofactivesharingofknowledge,experiencesandknow-howofbestpracticesrelatedto5Gtechnologies,commercialstrategiesandindustrypolicies.

6/SO

Executivesummary

10/50

numbers

Themobileindustryin

01

Themobileindustry

innumbers

UniquemobilesubscribersinAsiaPacifictotalled1.7billionin2022,risingto2.1billionby2030

TherehasbeensteadygrowthinuniquemobilesubscribersinAsiaPacific.Overthenextsevenyears,nearly400millionnewsubscribersareexpectedtobeadded.SouthAsiaaccountsforaroundtwothirdsoftotalmobilesubscribersinAsiaPacific,andthemajorityofnewsubscribersovertheperiodto2030willalsocomefromthesub-region.

MobilepenetrationinAsiaPacificwillreach70%by2030,comparedtotheglobalaverageof73%bythesameyear.ThepenetrationrateishighestinNortheastAsiaandOceaniaat82%and79%,respectively.

Figure1

AsiaPacific:mobilesubscribersandpenetration

Million

202220232024202520262027202820292030

Source:GSMAIntelligence

62%

70%

2,000

2,500

1,000

1,500

500

0

11/50

numbers

Themobileindustryin

Therewere

1.36billionmobileinternetsubscribersinAsiaPacificin

2022

AlmosthalfofthepopulationinAsiaPacificisconnectedtothemobileinternet.Themobileinternetusagegapintheregionhasnarrowedsignificantlyfrom60%in2017to47%in2022,reflectingtheincreasingaffordabilityofdevicesandimprovingdigitalskills.Additionally,morepeoplenowrelyontheinternetformanydailyactivities,whichhasbeenpartlydrivenbytheCovid-19pandemic.

ThemobileinternetlandscapeinAsiaPacificisdiverse:maturemarketssuchasAustralia,SouthKoreaandNewZealandhaveadoptionlevelsofover80%,whilebarrierscontinuetoimpactaccessandusageinothermarkets.Theseincludepoordigitalskills(especiallyamongolderpopulations),lackofaffordabilityofdevicesandservices,andonlinesafetyconcerns.

Figure2

Mobileinternetpenetrationbyregion,

Percentageofpopulation

17%

20%

35%

41%

55%

60%

79%

67%

49%

39%

23%

Sub-SaharanAfrica

ConnectedUsagegapCoveragegap

Source:GSMAIntelligence

LatinAmerica

AsiaPacific

2022

47%

Global

MENA

China

55%

62%

28%

CIS

4%

4%

6%

3%

5%

1%

Themobileindustryin

numbers

12/50

5Gwillaccountformorethantwoinfivemobileconnectionsby2030

5GisgainingmomentumacrossAsiaPacific,drivenbyacombinationoffactors,includingrapidnetworkexpansioninmanymarkets(suchasIndia),thefallinaveragesellingpriceof5Gdevicesandoperators’marketingefforts.Fromnowto2030,5Gadoptionwillrisenearlysixfoldto41%.

Despitethegrowthof5Ginmaturemarkets,4Gwillremainthedominanttechnologyataregionallevelfortheforeseeablefuture,accountingformorethanhalfoftotalconnectionsby2030.Meanwhile,legacynetworks(2Gand3G)areontheirwaytobeingphasedout.Operatorsinseveralcountries,includingAustralia,JapanandthePhilippines,haverecentlyannouncedplanstoshutdownlegacynetworksinthecomingyears.

Figure3

AsiaPacific:mobileadoptionbytechnology

Percentageoftotalconnections

80%

70%

60%

55%

50%

41%

30%

20%

10%

3%

2%

202220232024202520262027202820292030

Source:GSMAIntelligence

40%

4G

5G

3G

2G

0%

Themobileindustryin

numbers

13/50

CountriesinAsiaPacificareamonggloballeadersin5Gadoption

Thefirstwaveof5GgrowthwasdominatedbypioneermarketsinNorthAmerica,WesternEurope,NortheastAsiaandtheGulf.Bytheendof2023,5GadoptionwillhavehitthemassmarketinAustralia(42%),Japan(47%)andSouthKorea(53%),puttingthemonparwithglobalpeerssuchasChina(45%),Germany(35%)andtheUS(59%).

Thesecondwaveisnowunderwayandisbeingdrivenbytherolloutof5Gnetworksinlargeemergingmarkets,suchasIndia.Although5G’sshareofmobileconnectionswillremainhigherinfirst-wavemarketsby2030,second-wavemarketswillrecordamuchhighernumberofnew5Gconnections,takingtheglobaltotalto5billionby2030.

Figure4

5Gadoptionin2030

Percentageoftotalconnections

5Gconnections(2030)

89m280m438m1.65bn637m463m1.07bn

*Australia,Japan,NewZealand,SingaporeandSouthKorea

Source:GSMAIntelligence

GCCstates

DevelopedAsiaPacific*NorthAmericaGreaterChinaEurope

LatinAmerica

RestofAsiaPacific

95%93%91%88%87%57%32%

Globalaverage54%

(5.28bn)

Themobileindustryin

numbers

14/50

Global

average

92%

94%

93%

93%

91%

88%

84%

76%

71%

AsiaPacificSouthAsiaSoutheastAsiaNortheastAsiaOceania

Smartphoneadoptionwillrisebydoubledigitsonaverageovertheperiodto2030

Therewillbeover3billionsmartphoneconnectionsinAsiaPacificby2030.Thiswilltranslatetoasmartphoneadoptionrateof94%fortheregion,comparedtotheglobalaverageof92%.Theincreaseinsmartphoneconnectionsisconsistentacrosstheregion,withbothmatureandemergingmarketsseeingsignificantincreasesinadoptionrates.

Availabilityofaffordablesmartphonesandimproveddigitalliteracybothplayakeyroleinsmartphoneadoptionandusage.SomecountriesinAsiaPacifichavelaunchedinitiativestoenhancedigitalskillsamongvulnerablegroups,suchaswomenandtheelderly.Inits2023budget,thegovernmentofIndiareducedcustomsdutyontheimportofsomeinputsforphonemanufacturing,4apositivestepfortheproductionofmoreaffordablephones.

Figure5

Smartphoneadoption

Percentageofconnections(excludinglicensedcellularIoT)

94%

76%

20222030

TopthreesmartphonemarketsinAsiaPacific(smartphoneconnections,2030)

India

1.3billion

Indonesia

381million

Japan

168million

Source:GSMAIntelligence

4.“Budget2023impact:MobilephonesexpectedtogetcheaperinIndia”,IndiaToday,February2023

Themobileindustryin

numbers

15/50

SoutheastAsiaand

Oceania

NortheastAsia

India,Nepal,Bhutan

26

2.4x

62

18

2022

Increase

2028

2022

15

2022

Increase

3x

2028

54

Increase

3.6x

2028

54

GlobalAverage

16

2022

Increase2.9x

47

2028

AsiaPacificishometomarketswithsomeofthehighestmobiledatatraffic

MobiledatatrafficwillmorethandoubleincountriesacrossAsiaPacificovertheperiodto2030.5Gisakeydriverofmobiledatatrafficgrowth,asevidencedbythetechnology’sgrowingshareofoverallmobiledatatraffic.AccordingtoaGSMAIntelligencesurvey,5Gsubscribersaremoreinterestedthan4Gusersinaddingservicesandcontenttotheirmobilecontracts.

InAsiaPacific,videoandonlinegamingareamongthetopservicesandcontentutilisedby5Gusers.Forexample,Telkomsel’sDuniaGames,theleadinge-sportsorganiserinIndonesia,holdstheDuniaGamesWIBChampionship,whichisattendedbyover45professionalteamsandmorethan14milliononlineviewers.

Figure6

Mobiledatatrafficpersmartphone

GBpermonth

Source:GSMAIntelligencebasedonEricssonMobilityReportJune2023

Themobileindustryin

numbers

16/50

LicensedcellularIoTconnectionswillmorethandoubleby2030

Therewillbemorethan280millioncellularIoTconnectionsinAsiaPacificby2030.India,JapanandSouthKoreawillaccountfornearlythreequartersoftheseconnections.TherewillbeaboosttoIoTapplicationsas5Gnetworksexpandacrosstheregionbecause5GenablesnewIoTusecasesbasedonitslow-latencyandhigh-capacitycapabilities.

IoTwillbecrucialtotherealisationofthedigitaltransformationambitionsofcountriesacrossAsiaPacific,asitwillenableawiderangeofinitiativessuchassmartmanufacturing,smartcities,energy-efficientconstructionandlow-impactindustrialisation.

Figure7

AsiaPacific:licensedcellularIoTconnections

Million

300

11%

250

19%

200

150

41%

100

50

28%

0

202220232024202520262027202820292030

RestofAsiaPacificJapanSouthKoreaIndia

Source:GSMAIntelligence

Themobileindustryin

numbers

17/50

Service

diversification

supportsrevenue

growthinsome

markets

RevenuegrowthinAsiaPacificisexpectedtoremaininpositiveterritory,despiteincreasingcompetition,asoperatorscontinuetodiversifytheirservicesandgeneratenewrevenuestreams.

Inmaturemobilemarketsintheregion,thereisstronginterestinonlinegaming,cloudand5G-enabledimmersiveapplications.Elsewhere,growingdemandformobiledataandmobilefinancialserviceshaveemergedaskeyrevenuegrowthdriversforoperators.InBangladesh,forexample,someoperatorscontinuetorecorddouble-digitgrowthindatarevenuesonincreasedusageandgrowingsubscriptions.However,thisisoffsetbyslowergrowthinothercountries,resultinginsluggishoverallrevenuegrowthintheregion.

Figure8

AsiaPacific:mobilerevenueandyear-on-yeargrowth

Billion

$250

$200

$150

$100

$50

$0

20232024202520262027202820292030

RevenueAnnualgrowth(%)

Source:GSMAIntelligence

3.5%

3.0%

2.5%

2.0%

1.5%

1.0%

0.5%

0.0%

Themobileindustryin

numbers

18/50

Operatorswillspend$259billionontheirnetworksduring2023–2030,mostlyon5G

Followingextensive5Gnetworkbuildoutoverthelastfewyearsinpioneer5Gmarkets,resultinginrecordcapexintensityinsomemarkets,capexlevelsinthesemarketswillbegintomoderate.Thefocuswillinsteadshifttowards5Gmonetisationasoperatorsseekreturnsonsignificantcapitaloutlays.

Whilefrontiermarketsintheregionwillrampupinvestmentsin5Gin2023,thepaceof5Grolloutwillnotbesufficienttostemtheoveralldeclineincapex.Thisisbecauseearliernetworkgenerations,suchas3Gand4G,