1.87 Billion Mobile Users By 2007

InfoSync is reporting that by the year 2007, there could be more than 1.87 billion cell phone users.

A new study by the Yankee Group predicts that EMEA will remain the largest market, but worldwide growth will lead to 1.87 billion mobile users by the end of 2007.

According to a new study by Research firm The Yankee Group, the biggest growth in mobile devices will come from Asia, Latin America, and Africa, pushing the number of mobile users to 1.87 billion by the end of 2007. The EMEA market (Europe, Middle East, Africa) will remain the biggest revenue generator, however.

1.87 billion users may sound like a lot, but it represents only 27.4% of the world’s population; still a fair number. The study predicts a compound annual growth rate of 8.7% between 2002 and 2007 worldwide, with Asia-Pacific having the biggest growth at 13.6%.

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