The Mobile Economy 2025
The Mobile Economy 2025
Economy
2025
The GSMA is a global organisation unifying the mobile
ecosystem to discover, develop and deliver innovation
foundational to positive business environments and societal
change. Our vision is to unlock the full power of connectivity
so that people, industry and society thrive. Representing
mobile operators and organisations across the mobile
ecosystem and adjacent industries, the GSMA delivers for its
members across three broad pillars: Connectivity for Good,
Industry Services and Solutions, and Outreach. This activity
includes advancing policy, tackling today’s biggest societal
challenges, underpinning the technology and interoperability
that make mobile work, and providing the world’s largest
platform to convene the mobile ecosystem at the MWC and
M360 series of events.
www.gsmaintelligence.com
Executive summary 2 / 41
Key trends shaping the
mobile ecosystem
The focus shifts to realising 5G’s full GSMA Intelligence enterprise and
potential consumer surveys reveal key insights
Operators and other 5G ecosystem players, In 2024, GSMA Intelligence conducted surveys on
especially in pioneering markets, have shifted their digital transformation trends among enterprises
focus to deploying advanced 5G networks, with a and behaviour/technology adoption trends among
view to delivering enhanced services to consumers consumers. Enhancing security and protecting
and businesses. 5G standalone (SA) networks against cybersecurity threats ranked as the top
will be pivotal to fully realising the capabilities of digital transformation objective among enterprises.
5G-Advanced. After a slow start, the rollout of 5G This reflects the expanded attack surface facing
SA networks is beginning to gain momentum. As enterprises, as well as the threat posed from new
of December 2024, 60 operators globally offered forms of AI and rapid digitisation. For consumers,
commercial 5G services on SA networks, with Asia video streaming topped the list of add-ons to 5G
Pacific leading the way, followed by Europe. bundles. This highlights the strong demand for
digital entertainment services and reinforces the
importance of bundling content offerings with 5G
Energy efficiency is a top priority plans.
Energy efficiency within networks continues to be a
top priority for operators and network vendors in the
short-to-medium term, ahead of many other industry
topics. There are two main factors supporting the
focus on energy efficiency in 2025 and beyond:
costs and sustainability. Energy typically accounts
for approximately 20% of operators' total operational
costs, according to a GSMA Intelligence survey,
while improving energy efficiency has become
crucial to meeting the expectations of stakeholders,
including investors and customers, around
sustainability.
Executive summary 3 / 41
Policies for growth
and innovation
Mobile’s ability to deliver economic growth relies on Spectrum plans that enable enterprise digitalisation
spectrum. The mobile ecosystem is already working are also part of roadmap planning. This means
with governments to plan spectrum for 6G, which that operators will require spectrum not just for
will come into use around the 2030s. Channel sizes consumers but for industrial connectivity. Now that
will increase from 100 MHz in the 5G era to 200–400 connecting enterprises is a maturing sector, the
MHz in the next phase of mobile evolution. practice of setting aside spectrum for specific uses
is being limited. Setting aside spectrum for specific
Spectrum must be effectively licensed at the correct
uses, such as local or bespoke private networks,
time. To deliver this, countries would benefit from the
does not encourage private networks (as had been
development of spectrum roadmaps that consider
initially thought), but harms the amount of spectrum
market dynamics and growth in demand for mobile
available to provide industrial connectivity through
data. Roadmaps are an important means of ensuring
mobile operators. Small set-asides to encourage
there is sufficient spectrum for future demand from
experimentation and creativity (e.g. in 4.1–4.2 GHz
consumers and new technologies. Information on
or in non-core bands) are continuing, which are less
spectrum releases is critical for mobile operators
disruptive.
to prepare investment plans, secure financing
and develop arrangements for deploying different The cost of spectrum also has a major impact.
technologies. Governments and regulators should assign 5G
spectrum to support their digital connectivity
goals, rather than as a means of maximising state
revenues. Effective spectrum pricing policies are
vital to support better-quality and more affordable 5G
services.
Executive summary 4 / 41
The Mobile Economy
Unique mobile subscribers Mobile internet subscribers
2024
5.8bn
71% penetration rate*
2024
4.7bn
58% penetration rate*
2030
6.5bn
76% penetration rate*
*Percentage of population
2030
5.5bn
64% penetration rate*
*Percentage of population
Operator revenues
and investment
Smartphones
$1.08tn
(percentage of connections)
2024
80%
2024
91%
2030
2030
$1.25tn
Operator capex of $1.3 trillion for the
period 2024–2030
$6.5tn
Excluding licensed cellular IoT
5.8% of GDP
58% 35%
2030
$11tn
8.4% of GDP
2024 2030
Public funding
$600bn
Excluding licensed cellular IoT
5G (percentage of connections)
Mobile ecosystem contribution to public funding
(before regulatory and spectrum fees)
25% 57%
Employment
2024 2030
24m jobs directly supported
by the mobile ecosystem
47%
2G 3G 4G 5G 2G 3G 4G 5G
88%
63%
2G 3G 4G 5G 2G 3G 4G 5G
1. Asia Pacific in this report excludes Greater China unless otherwise stated.
Executive summary 6 / 41
Subscriber and technology trends*
Latin America Middle East and North Africa
2G 3G 4G 5G 2G 3G 4G 5G
52%
2G 3G 4G 5G 2G 3G 4G 5G
Executive summary 7 / 41
01
The mobile industry
in numbers
1.1
Mobile market update
internet at the end 2024, which is slightly down on the 2022 and 2023
figures, and significantly lower than growth in 2015–
1% 1% 1% 3% 6% 3% 4% 13%
58%
29%
800 million new mobile subscribers across many low- and middle-income
countries (LMICs). Consequently, mobile internet
Figure 2
Top 15 markets by increase in mobile internet subscribers, 2025–2030
Million
Pakistan
39
DR Mexico
Congo 14
Brazil Angola 15
24 18
Tanzania
11
Figure 3
5G
Mobile adoption by technology 4G
Percentage of total connections 3G
2G
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
2024 2025 2026 2027 2028 2029 2030
the end of 2024 It is still early days for 5G adoption in most emerging
5G markets. However, 5G adoption will gather pace
over the next few years with the arrival of cheaper 5G
smartphones and new spectrum assignments. As a
result, 5G is expected to account for almost 40% of
total mobile connections in LMICs (excluding China)
by the end of the decade, equivalent to 2.3 billion
connections.
Figure 4
2025-2030 increase
5G adoption in leading and emerging 5G markets 2024
Percentage of total connections
5G connections
Leading 5G markets (2030)
Emerging 5G markets
Figure 5
2030
5G FWA penetration in select markets 2024
Percentage of fixed broadband connections
33%
21%
20%
18%
16%
16% 15% 15%
14%
13% 13%
9% 9%
8%
7% 7% 6%
4% 5% 5%
3. Fixed and pay-TV markets: five trends to watch in 2025, GSMA Intelligence, December 2024
100 CAGR
90
16%
80
70
22%
60
50
20%
21%
40 17%
22%
30
16%
20
10
21%
0
2024 2025 2026 2027 2028 2029 2030
Figure 7
2030
Monthly ARPU by mobile connection, by income group 2024
$30
$25
$20
$15
$10
$5
$0
Global average Low income Lower middle Upper middle High income
income income
Figure 8
Number of GSMA Open Gateway API launches, by country High
Medium
Low
5. GSMA Open Gateway: State of the Market, H2 2024, GSMA Intelligence, 2024
Figure 9
Economic contribution of mobile, 2024
Billion, percentage of GDP
$4,240 $6,480
5.8%
$690
$390 0.6%
$520 0.4%
$640 0.5%
0.6%
6. Compared to previous editions of the Mobile Economy report, we have made adjustments to the economic impact methodology by incorporating the wider impacts of
digitalisation, including for enterprises and consumers. Further details can be found in the Mobile Economy Economic Impact methodology.
Figure 10
Economic impact of mobile
Billion, percentage of GDP
$10,860
$10,410
$9,750
$8,990
$8,180
$7,330
$6,480
8.4%
5.8%
around 40 million jobs other sectors, meaning that around 40 million jobs
were directly or indirectly supported.
in 2024
Figure 11
Employment impact of the mobile ecosystem, 2024
Jobs (million)
16
40
24
of the mobile ecosystem around $600 billion raised through taxes on the
sector. The major contribution was driven by services
reached $600 billion VAT, sales taxes and excise duties, which generated
$220 billion, followed by employment taxes and
Figure 12
Fiscal contribution of the mobile ecosystem, 2024
Billion
$180
$90
$600
$110
$220
will significantly boost $11 trillion in 2030. Much of this will materialise
in regions with a higher integration of digital
Figure 13
ICT Public administration
Mobile technologies' contribution to GDP
Agriculture Construction and real estate
by industry, 2024 –2030 Finance Accommodation and food services
Trillion Services Manufacturing
$12
8%
$10
6%
8%
$8 9%
14%
$6
13%
$4
17%
$2
25%
$0
2024 2025 2026 2027 2028 2029 2030
Figure 14
1
Number of operators that have deployed 5G SA, by country 2
3
4
2024
2023
2022
2021
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Source: GSMA Intelligence Network Transformation Survey 2022, 2023, 2024 and 2025
There are two main factors supporting the focus on • Sustainability: Stakeholder expectations about
energy efficiency in 2025 and beyond: sustainability are consistent and increasingly
strict. Investors prefer green investment portfolios,
• Costs: Financial considerations play a major role
sustainability is an important factor for younger
in operators’ strategies. According to the latest
consumers and Scope 3 emissions reporting
GSMA Intelligence Energy Efficiency Analysis and
requires the entire value chain to provide detailed
Benchmarking project, energy typically accounts
reporting. Energy consumption, particularly in
for approximately 20% of an operator’s total
regions where the energy mix relies heavily on
operational costs. Furthermore, energy remains
non-renewable sources, is a major contributor to
the only major variable cost that is not expected to
Scope 3 emissions. Therefore, improving energy
decrease. While network operators are expected to
efficiency not only reduces emissions but also
reduce expenditures on other variable costs such
helps operators meet stakeholder expectations
as labour and site rental, through virtualisation, AI
around sustainability.
and site simplification, energy usage is influenced
by coverage, the number of network layers, new
services and the number of sites – all of which are
expected to increase. Thus, energy efficiency will
be a true differentiator for wireless networks.
Figure 16
How much energy do different parts of the mobile network consume?
3%
Other
Energy efficiency
15% in 2024 (average):
Core and data
centres
0.12 kWh/GB
82%
Radio network
7. Going green: measuring the energy efficiency of mobile networks 2025, GSMA Intelligence, 2025
Figure 17
Examples of telco-specific use cases with AI
Core AI IT functions
Network planning
and operation
Network fault
detection Inventory
management
Machine
learning
Predictive Security threat
Security
maintenance response detection
Sales and
marketing
GenAI
Personalised
service creation
Table 1
Examples of operator-led AI solutions for enterprises
Operator Activity
China Mobile intends to accelerate the deep integration of AI into all production and operational
processes of the financial industry to help reduce operating costs, increase efficiency and boost
China Mobile
core competitiveness. The operator is collaborating with financial regulators and institutions to
implement national strategies aimed at accelerating the development of digital finance.
Indosat Indosat Ooredoo Hutchison teamed up with India-based AI and data analytics company AIonOS
Ooredoo to develop applications for enterprises in the Indonesian market, with a focus on AI for smart
Hutchison agriculture, AI talent development and tourism in Indonesia.
LG Uplus plans to invest up to KRW3 trillion ($2.1 billion) and forge close relationships with tech
giants to help it become an AI transformation company. Through its ambitious AI-fuelled ‘All in AI’
LG Uplus
enterprise services strategy, the operator hopes to generate KWR2 trillion ($1.4 billion) in annual
revenues by 2028.
Orange Business has launched a new multi-LLM solution it calls Live Intelligence, which it says will
help enterprises and government entities adopt AI more readily due to its ease of operation. The
Orange
plug-and-play service has been used internally and will initially target enterprises in France before
expanding across Europe.
Rakuten Mobile has unveiled a genAI service for enterprises in Japan to support their digital
transformation with access to low-cost and accurate models. A Rakuten Group survey found only
Rakuten one in six small and medium-sized enterprises (SMEs) in Japan use AI, with 40% of non-users
unaware of the benefits of AI. The operator intends to target the new service at its existing base of
18,000 enterprise clients as well as Rakuten Group’s 630,000 corporate customers.
In October 2024, Singtel introduced its AI cloud service through a partnership with Silicon Valley
Singtel
firm Scale AI, aimed at allowing enterprises to deploy and scale up their genAI applications.
Swisscom has developed the Swiss AI Platform, which provides local companies with AI
infrastructure and applications. The operator has reported seeing high demand from the financial
Swisscom
and public sectors, with initial applications such as a chatbot to query internal instructions by bank
employees and a system to automate the transcription of emergency calls.
Telefónica Tech has launched the Telefónica Tech GenAI Platform to help organisations create
Telefónica customisable virtual assistants capable of solving complex queries, automating repetitive tasks and
optimising internal processes through a clear and intuitive interface.
Verizon has unveiled Verizon AI Connect, an integrated suite of solutions and products designed to
Verizon
enable businesses to deploy AI workloads at scale.
Enhancing security
and protecting against
cybersecurity threats
ranked as the top digital
transformation objective
8. The rise of digital industries: navigating enterprise needs, investments and supplier decisions, GSMA Intelligence, 2023
Figure 18
Extremely important
The top digital transformation objectives for enterprises Quite important
How important are the following objectives to your company’s Neither important nor unimportant
digital transformation initiatives? (Percentage of respondents) Not very important
Not at all important
Base is all enterprises undertaking digital transformation. Aggregate figures across all countries and vertical sectors surveyed.
Source: GSMA Intelligence Enterprise in Focus: Global Digital Transformation Survey 2024
9. The opportunity for operators in B2B technology services, GSMA Intelligence, 2024
10. Australia, China, France, Germany, Italy, Japan, Poland, South Korea, Spain, UAE, the UK and the US.
11. The changing shape of the digital consumer in 2025: insights from the Global Consumer Survey, GSMA Intelligence, 2024
Gaming 33%
Wearables 49%
Devices
Entertainment 37%
Base is smartphone users who are most frequently connected to 5G networks. Aggregate figures across the 12 countries surveyed.
Source: GSMA Intelligence Consumers in Focus: Global Consumer Survey August 2024
12. 2024 Mobile Industry Impact Report: Sustainable Development Goals, GSMA, 2024
Table 2
Examples of operator support during and after disasters
In January 2025, wildfires Verizon, AT&T and T-Mobile deployed portable cell towers,
US caused extensive damage to drones and emergency networks to maintain connectivity for
lives and property in California first responders and affected communities.
A 6.2 magnitude earthquake Chinese telecoms operators, including China Mobile and
struck Gansu and caused China Telecom, restored communication services, deployed
China
significant casualties and emergency response teams and provided free calls and data to
damage affected residents.
Mid-bands provide city-wide coverage and cater Increasing low-band capacity should also be a
for around 80% of indoor capacity in urban areas, priority as countries plan their roadmaps. Low
where mobile is predominantly used indoors. They bands are ideal for covering wide areas with a lower
will also deliver much of the capacity required for population density. This makes them an important
enterprise digitalisation and industrial connectivity. resource as countries look to address coverage and
Consequently, any country that wants to maximise usage gaps with broad and affordable connectivity.
the socioeconomic benefits derived from 5G needs
High-band spectrum, or mmWave, is essential for the
to assign more mid-band spectrum. By 2030, mobile
deployment of 5G networks with ultra-high speeds
networks will need an average of 2 GHz of mid-band
and the lowest possible latencies. Governments and
spectrum per country.
regulators should also plan to make an average of
An ongoing effort to increase the amount of 5 GHz of high-band spectrum available per country
spectrum available in the 3.5 GHz range is needed. by 2030 as demand increases. High bands can
3.5 GHz has already helped roll out a majority of 5G complement low- and mid-band spectrum in dense
networks, and the further harmonisation of the range urban areas, provide fibre-like connectivity through
at the World Radiocommunication Conference 2023 5G FWA technologies and help innovate enterprise
(WRC-23) allows more countries to take advantage of connectivity.
its economies of scale. However, reaching the 2 GHz
goal is difficult to achieve without adding new bands.
mmWave bands will be used for the busiest locations Mobile broadband can deliver economic growth.
– such as stadia, train stations, airports and shopping As wireless connectivity expands from connecting
areas – and low bands will be required to deliver the phones in our pockets to the machines in our
digital equality between urban and rural areas. factories or the vehicles on our roads, this potential
However, a lot of emphasis will be placed on finding requires spectrum to cater for demand.
the right mid-band assignments to deliver city-wide
connectivity. 6 GHz capacity will be brought into play
by many governments to facilitate the next phase of
data growth but, beyond that, other bands are being
considered.