November 24, 2024 1:23 PM

Mobile broadband market in Asia-Pacific to reach $296 billion by 2029

Driven by 5G service expansions, mobile broadband services revenue in the Asia-Pacific region is expected to grow at a compound annual growth rate (CAGR) of 5.2% from $229.6 billion in 2024 to $296.2 billion by 2029, according to a new report. This growth will primarily be driven by the increasing availability and adoption of 5G services across several countries, according to GlobalData, a leading data and analytics company. The unique mobile user penetration in the Asia-Pacific population is ...