IDC: Mobile market to grow 1.2% a year until 2022

The global mobile market is set to expanded at a five-year compound annual growth of 1.2 percent through 2022, driven by increased mobile data usage and expanding M2M applications that offset declines in spending on mobile voice and messaging services, according to researcher IDC. Worldwide spending on telecom and pay-TV services will rise by 0.6 percent in 2018.

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