As professionals committed to VoIP tax and telecom tax solutions, we are often amazed at how large the market for telecom truly is. It is the one product that everyone, and I mean EVERYONE, seems to need.
We recently received an industry report with 15 facts that quantify exactly how large this market is. Here are three that are just amazing…
- The global population is currently estimated at 7 billion.
- There will be 6.5 billion mobile subscribers worldwide by end-2012
- The worldwide mobile subscriber base will now grow at a CAGR of 7.3 percent between 2011 and 2016, to near 8.5 billion by end-2016
It’s no wonder that worldwide; telecom is the service that jurisdictions love to tax. With 6.5 billion units in service, just one dollar per subscriber per month would yield almost $80B in revenue worldwide.
The other 12 facts are almost as amazing. Plus, you can use them to impress your friends at work.
Click here to download the 15 Worldwide Mobile Facts.