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Tue 12 Aug 2003 04:00 AM

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Wireless subscribers to reach two billion by 2007

The next five years will see a dramatic slowing of worldwide cellular subscriber growth, reports In-Stat/MDR. However, despite this slow down, there will be more than 931 million new subscribers over the next five years.

The next five years will see a dramatic slowing of worldwide cellular subscriber growth, reports In-Stat/MDR. However, despite this slow down in subscriber growth, there will be more than 931 million new subscribers over the next five years. In fact, by 2007, the total worldwide wireless population will exceed two billion subscribers.The analyst house reports that while China continues to lead the world in overall subscriber growth, the new percentage growth leaders are found in Southern Asia and Southeast Asia. Furthermore, the Middle East also features due to its high compound annual growth rate (CAGR).Elsewhere, the report shows that Western Europe’s growth will virtually stop during 2002-2007 forecast period and that in Europe, overall, GSM’s market share will decline, from 99.1% in 2002 to 91.4% in 2007.“It is rather remarkable that the fastest numerically growing country, China, is trailing Africa, Eastern Europe, and the Middle East in CAGRate,” says Ken Hyers, a senior analyst with In-Stat/MDR. “However, the fact that Western Europe and Scandinavia bring up the rear, as they did in previous 2002 to 2006 forecasts, should be no surprise,” he adds.

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