Another trend impacting the roadmap of the telecom industry is rapidly falling mobile handset prices. With price decreases of over 20% last year, many handset manufacturers are beginning to incorporate value added service in their devices to counter this trend. This has led to an increased availability of low priced handsets with advanced features like GPS. Analysts at TechNavio predict that the global market for GPS enabled handsets is expected to grow from $76 million in 2009 to $226 million in 2013.
Some other interesting trends include:
• Increased penetration of mobile commerce in industries like transportation, retail, hospitality, finance and government. This is very prevalent in Japan where the mobile commerce market is expected to reach $30 billion by 2013.
• Increasing security threats via channels like Bluetooth and the Internet has led to a significant growth in both the managed security services market and the security software market for the telecommunication industry
TechNavio Research extensively covers the Telecom industry. For a complete list of reports please visit http://www.technavio.com/