With the growth in the market penetration of smart phones, Smart Watches Market, the number of mobile phone users is likely to increase. The popularity of social media is also expected to increase and 14 more applications will see growth in the mobile data traffic market.
Mobile traffic data was estimated at 3.9 trillion megabytes in 2011 and it is expected to reach 39.9 trillion megabytes in 2016, whereas mobile data revenue was estimated at USD 326.1 billion in 2011 and is expected to reach USD 628.1 billion in 2016. Moreover, mobile traffic is expected to grow tenfold in the coming five years, but the revenue generated from mobile traffic is expected to have twofold growth.