Over the summer, we shared with you the results of an ACG Report showing Cisco as the market share leader in Mobility.
Then and today the usage of mobile devices has been on the rise. Unequivocally.
The average smartphone user is accessing 26.8 apps every month for about 30.25 hours, an increase of 65 percent from two years ago. On their first weekend of offering the iPhone 6, Apple sold more than 10 Million units. Global smartphone market is forecasted to rise by around 20% to 1.2 billion units during 2014.
ACG Research came out with a new report recently the highlights of which I want to share with you. In this report Ray Mota notes that the Worldwide Mobile IP Infrastructure Market continues to rebound in Q2, 2014. It actually grew in Q2, increasing to $1.25 billion, a 9.6 percent quarter over quarter. Evolved Packet Core (MME, PGW, SGW, and PCRF) also grew this quarter to $123 million, a 7.2 per cent quarter over quarter.
ACG Research maintains its views that online video continues to fuel mobile data traffic and the industry expects a tenfold increase in five years. Mobile spending continues and is increasing globally as carriers in developed countries vie for top billing for fastest carrier, fueling LTE spending. 3G remains strong and continues to grow as developing economies upgrade and invest in this technology. Mobile infrastructure will continue to be a highly dynamic market for the next several years as vendors and carriers work through new technologies.
Cisco maintains its position of market share leader. The vendor break down in the ACG Research report shows Cisco continues as #1 in Mobile IP Infrastructure including #1 in Packet Core (MPC & EPC)., #1 in Mobile Backhaul, and #1 Mobile IP Core.
Again this quarter Cisco has never been more focused on quality and innovation in its mobile business. For details, check out ACG Research’s Q2 2014 blog and read on the Q2 2014 ACG Packet Core Results.
Q2 2014 ACG Mobile IP infrastructure Results Summary:
According to ACG Research:
- Worldwide Mobile IP Infrastructure market grew in Q2 and increased to $1.25 billion, 9.6 percent quarter over quarter.
- Mobile infrastructure will continue to be a highly dynamic market for the next several years
- Evolved Packet Core (MME, PGW, SGW, and PCRF) also grew this quarter to $123 million, 7.2% quarter over quarter
The ingredients of this success? Our relentless focus on quality and execution of new features and close collaboration with partners.
I’ll be back with more Cisco mobility updates from the analyst community and around the market as they happen. Stay tuned!
Meanwhile, we’d love to hear from you on what you’re looking forward to in the mobile market. Tweet us @CiscoSPMobility.