The Mobile internet subscribers of Telecom industry in United States of America attained a value of 308,234.24 Thousand in 2020
The industry recorded a historical growth (CAGR) of 4.78% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the industry to grow at a CAGR of ...
The Mobile internet subscribers of Telecom industry in United States of America recorded a single-digit YoY growth in 2020
The mobile internet subscribers of Telecom industry in the US has grown significantly between 2017-2020, the mobile internet subscribers recorded a single-digit YoY growth in 2020.
Number of active mobile subscriptions or SIMs subscribing to a data package, either through a prepaid or postpaid plan, at the end of every calendar year. Typically, a subset of total handset and total connected mobile data device subscriptions.
Why mobile internet is not preferred in the US
Voice subscriptions was the most successful segment for the market in 2020. As consumers were forced to stay and work from home due to the coronavirus pandemic, they had to use their mobile phones to communicate, due to the lack of fixed line telephones. Voice contracts have been proven to be cheaper than fixed line contracts, increasing the subscriptions for the segment in 2020. On the other hand, consumers would rather use fixed line internet services rather mobile data services, due to the improved reliability and speed. This kept demand for data subscriptions at relatively low levels.
Rivalry in mobile internet market of the US
The leading wireless service providers in the US market are AT&T, Sprint, T-Mobile and Verizon. The concentration of the market is high as these leading players account for a major chunk of total subscribers. The Federal Communications Commission characterizes the market as competitive as nearly a major chunk of Americans have a choice of three or more 4G providers from a large number of mobile providers nationwide (most of them local operators).
Price competition has intensified over the last few years, resulting in lower average revenue per user (ARPU), and will remain intense as T-Mobile and Sprint seek to gain a bigger market share. T-Mobile and Sprint have engaged in aggressive promotions in an effort to gain customers from Verizon and AT&T.
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