Africa growth outlook 2010
BuddeComm has updated its entire range of Africa market reports and comes to the following conclusions:
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Mobile market penetration in Africa is expected to pass 50% during 2010;
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At least eight African countries will have broken the 100% mobile penetration barrier by the end of the year;
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While some African mobile markets are still growing at more than 100% p.a.; overall growth across the continent is expected to slow to 17%;
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Revenues of African 3G operators are expected to exceed US$7 billion in 2010;
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The first 20Mb/s mobile broadband service is expected in Africa in 2010;
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The 2010 FIFA World Cup in South Africa is expected to deliver a boost to Mobile TV services which have been launched in at least ten African countries;
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Mobile broadband and mobile banking services are key drivers for African operators to increase ARPU, but mergers and acquisitions are expected to intensify in an increasingly crowded market.
For more information, see BuddeComm’s range of Africa reports:
Tagged in: Africa
