Global service revenues to reach $133b by 2014

Global services business revenues are forecast to grow at 4.3% CAGR over the next four years, reaching $133 billion by 2014, according to a new report by ABI Research.

Enterprise practice director Dan Shey said mobile revenue growth for services businesses is driven by data usage.

Currently mobile data services’ share of total mobile services revenues is 32%, which will reach 42% by 2014.

Related content

• Samsung poised to rule smartphone roost
• GPS grows to $2b in 2016: ABI Research
• Location-based ad revenues his $1.5b in 2016
• Mobile devices to drive 3D: report
• Docomo, Tohoku Uni to use AI for gum disease detection