GlobalData latest China Mobile Broadband Forecast (Q4 2023) reveals that the growth in mobile data service revenues will offset the decline in mobile voice service revenues during the forecast period – and while the mobile voice service revenue will decline at a CAGR of 8.8% between 2023 and 2028, mobile data revenue will increase at a CAGR of 7.4% over the same period, primarily driven by the increasing adoption of higher average revenue per user (ARPU) 5G services.
Srikanth Vaidya, Telecom Analyst at GlobalData, comments: “The average monthly mobile data usage in China…
