A new report from GSMA Intelligence launched ahead of MWC Las Vegas highlights an addressable market of more than $400bn for telcos looking to grow revenues in the enterprise space. This equates to approximately 35% of the existing mobile operator revenue base worldwide.
7 October 2024, MWC Las Vegas 2024: A new report from GSMA Intelligence launched today ahead of MWC Las Vegas – “The opportunity for operators in B2B technology services – sizing prospects for growth in financial services, manufacturing, automotive and aviation” – highlighting an addressable market of more than $400bn for telcos looking to grow revenues in the enterprise space. This equates to approximately 35% of the existing mobile operator revenue base worldwide.
The report also shows thattelcos need to look beyond connectivity driven solutions and services and take a broader view of the opportunity. Core telecom solution and service areas, such as SD-WAN, unified communications and mobile voice and data, currently contribute around 70% of B2B revenues or $250bn for operators in 2023, although they offer little headroom for growth with just 3% compound annual growth rate (CAGR) expected out to 2030.