Mobility

• [New] Mobile data traffic in Sub-Saharan Africa is estimated to grow by almost 6.5 times the current figures, with total traffic increasing from 0.87 EB monthly in 2020 to 5.6 EB by 2026.
• [New] One ADS share is worth 10 Hong Kong shares, China Telecom will offer one ADS for 1000 Hong Kong Shares, and China Mobile declared one ADS is worth five Hong Kong shares.
• [New] Shaw Communications Inc., which owns wireless carrier Freedom Mobile and recently launched its Shaw Mobile service in Alberta and British Columbia, plans to start offering 5G service in early 2021.
• [New] AST SpaceMobile is working with Vodafone Group to launch the first phase of its mobile communications service in 2023.
• [New] We project enterprise AR spending to reach $5.1 billion in 2021, which includes AR productivity software for mobile devices as well as AR glasses hardware and software.
• [New] Mobile operators in Australia have been accelerating 5G deployments in 2020 and are waiting for additional spectrum that local regulator ACMA plans to award in 2021 to further expand 5G networks.
• [New] The number of mobile devices operating worldwide is expected to reach 17.72 billion by 2024, an increase of 3.7 billion devices compared to 2020 levels.
• [New] In the coming five years, India is going to start producing one billion mobile phones, 50 mn television sets and 50 mn IT hardware devices like laptops and tablets.
• [New] Ofcom gains the power to block non-compliant services or apps from being viewed in the UK, which we assume will be imposed through mobile operators, app provider and fixed broadband ISPs etc.
• Mobile phone spending in Japan will decline in 2021 due to local average selling prices going up as a result of the U.S. dollar increasing.
• Biometrics is coming to remote payments as well, with Juniper Research predicting that mobile biometrics will authenticate over $2 trillion of sales by 2023, 57% of biometric transactions will be remote by then.
• Over the last year, Burger King has increased its focus on mobile ordering, with plans to roll out mobile-focused restaurants beginning in 2021.
• The global mobile wallets industry is predicted to jump by nearly 50% to reach a value of $1.47 tn amid the Covid-19 pandemic, with over 1.7bn people using mobile wallets by 2024.
• Mobile network operator revenue from digital identity will reach US$ 8.1 billion (€6.68 billion) in 2025, up from just $1.3 billion (€1.07 billion) in 2020.
• Mobile data consumption is increasing exponentially and should exceed 160 EB/month by 2025 from 35 EB/month, currently.
• FO packaging is expected to gain wider adoption as 5G, AI, and autonomous driving take flight in the coming years - and revenue stemming from FO packaging is expected to reach $2 B - $2.5 B by 2025.
• Singtel customers with 5G plans can expect to experience mobile speeds of up to 3 Gbps speeds when mmWave-enabled handsets arrive in Singapore in 2021.
• Developed countries pledged in 2009 to mobilize $100 billion a year in climate finance to help developing countries reduce their emissions and adapt to climate impacts from 2020-2025.
• The Federal Reserve recently acknowledged climate as a risk to financial stability and signaled its intention to join a global consortium of central bankers working to enhance the role of the financial system to manage climate risks and mobilize capital for green investment.
• Software that eats up mobile data and registers people for unwanted subscriptions has been found pre-installed on thousands of low-cost Chinese smartphones in Africa more than two years after it was first detected.
• German urban air mobility company Volocopter will be working closely with The Economic Development Board of Singapore and the Civil Aviation Authority of Singapore to launch air taxi services in Singapore within the next three years.

Last updated: 10 January 2021