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Digital consumer services market to top USD 500 bln by 2027

Non-traditional consumer services markets such as digital gaming, online video, messaging apps, smart home, and digital music are set to continue growing at CAGRs of 5-21 percent over the next five years, according to new research from Omdia. The categories have yet to match the value of established telco services such as mobile data, pay TV and broadband, but will still be worth some USD 513 billion by 2027 thanks above all to surging digital gaming and online video sales, said the study.

Source telecompaper.com (pour les abonnés).