Read The Times Australia

Daily Bulletin

Asia Pacific's Mobile Sector Adds $950 Billion to GDP; On Track to Reach $1.4 Trillion by 2030, GSMA Report Reveals

  • Written by: PR Newswire Asia - Daily Bulletin Au RSS
Asia Pacific's Mobile Sector Adds $950 Billion to GDP; On Track to Reach $1.4 Trillion by 2030, GSMA Report Reveals

New report warns of rising scams and spectrum costs as 5G poised to reach 50% of all mobile connections in Asia Pacific by 2030 

SINGAPORE, July 24, 2025 /PRNewswire/ -- Mobile technologies and services contributed US $950 billion to Asia Pacific's economy in 2024 - 5.6% of regional GDP - according to the Mobile Economy Asia Pacific 2025 report released today by the GSMA at the Digital Nation Summit Singapore. This figure is forecasted to grow to US $1.4 trillion by 2030, as 5G, IoT and artificial intelligence continue to accelerate digital transformation across the region.

The mobile ecosystem also supported around 16 million jobs (11 million directly, 5 million indirectly) and generated over $90 billion in public revenue, excluding spectrum and regulatory fees. Between 2019 and 2024, operators invested $220 billion in 5G networks, with another $254 billion planned through 2030. However, the study cautions that rising spectrum costs and investment gaps - particularly in rural and emerging markets - could hinder progress without collaborative action.

Julian Gorman, Head of Asia Pacific at the GSMA, commented:

"Mobile connectivity is the oxygen of Asia Pacific's digital transformation – driving economic growth, innovation and inclusion. Yet our findings sound clear alarms: spectrum charges have tripled over the last decade, and 48% of the population remain offline. To sustain momentum, we need decisive action – affordable spectrum, smarter financing and collective action to tackle scams and cyber-threats."

The report also explores growing cybersecurity challenges, with scams siphoning over $1 trillion globally in 2024. In response, operators are adopting AI-based fraud detection, zero-trust architecture, and taskforces. One major initiative is ACAST – the GSMA-led Asia Pacific Cross-Sector Anti-Scam Taskforce – uniting operators and platforms across 16 countries. GSMA Open Gateway is also enabling better fraud protection via built-in identity and security features APIs.

Key findings from the Mobile Economy Asia Pacific 2025

  • Economic impact: $950 billion added to regional GDP in 2024; forecast to reach $1.4 trillion by 2030.
  • Share of GDP: 5.6% in 2024, projected to rise to 6.6% in 2030.
  • Employment: 11 million direct and 5 million indirect jobs supported in 2024.
  • Public revenues: Over $90 billion generated for governments in 2024 (excluding spectrum and regulatory fees).
  • 5G adoption: 18% of mobile connections on 5G in 2024, expected to rise to 50% by 2030.
  • Investment: Operators committed $220 billion on 5G networks from 2019–2024; $254 billion planned through 2030.
  • Rising costs: Spectrum cost-to-revenue ratios have increased from 3% in 2014 to 9% in 2023, limiting funds available for further expansion.

The Mobile Economy Asia Pacific 2025 is available to download here

Read the full press release here

 

Authors: PR Newswire Asia - Daily Bulletin Au RSS

Read more https://www.prnasia.com/story/archive/4736101_AE36101_0

Business News

Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

Daily Bulletin - avatar Daily Bulletin

The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

Daily Bulletin - avatar Daily Bulletin

Australian organisations are relying on business continuity plans built for a far more predictable world

Tariff escalations, supply chain fragility, geopolitical events, and the ongoing threat of cyber disruption have reshaped the risk environment facing Australian organisations. The problem is that ma...

Daily Bulletin - avatar Daily Bulletin

How to Rent a Car for Uber in Melbourne: What Every New Driver Needs to Know

Starting out as an Uber driver in Melbourne is not as complicated as it sounds but getting the vehicle right is where most new drivers get stuck. Uber has strict requirements around vehicle age, condi...

Daily Bulletin - avatar Daily Bulletin

When Should You Speak to a Lawyer About a Legal Issue?

Legal issues can begin with a simple question, then become harder to manage once formal steps are involved. Many people wait until a matter feels urgent before seeking guidance, even though earlier ...

Daily Bulletin - avatar Daily Bulletin

The strategic rise of Bali as Australia’s next essential healthcare support hub

As Australian healthcare providers grapple with unprecedented operational bottlenecks, a new nearshore model is quietly transforming patient care delivery. Forward-thinking organisations,  including...

Daily Bulletin - avatar Daily Bulletin

Cost Savings and Benefits of Using Used Pallets in Logistics

In today’s competitive logistics and supply chain industry, businesses are constantly looking for ways to reduce operational costs without compromising efficiency and reliability. One of the most prac...

Daily Bulletin - avatar Daily Bulletin

How Fulfilment Services in Australia Help Businesses Scale Efficiently

The growth of e-commerce and modern retail has transformed customer expectations. Consumers now expect fast shipping, accurate order processing, and seamless delivery experiences regardless of where...

Daily Bulletin - avatar Daily Bulletin

Practical Ways Australian Workplaces Can Reduce Operating Costs

Reducing business costs doesn’t always mean cutting staff, shrinking services or making the workplace feel bare-bones. In many cases, the smarter savings are hiding in everyday operations: the light...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Why Every Workplace Should Take Emergency Preparedness Seriously

Emergency planning is one of those things many workplaces know they should think about, but it oft...

Why Clearer Communication Still Matters in a Digital-First Business

It’s never been easier for businesses to communicate, but that doesn’t mean they’re always communica...

What Happens After You Lodge a BYDA Enquiry? The Step Most Excavation Projects Miss

Every excavation project in Australia — from a backyard deck footing to a multi-storey commercial bu...

How to Choose the Right Dentist on the Gold Coast

Finding a dentist you trust is one of those decisions that quietly affects your health for years, ...

The Hidden Engineering Problem Inside Australia's Older Housing Stock

A significant share of Australian homes were built for a way of living that no longer exists. Houses...

DIY Rodent Control Vs Professional Help: When Is It Time To Call The Experts?

Rodents are one of the most frustrating pest problems for Australian property owners. Rats and mic...

Lighting Shop in Perth: How The Right Lighting Can Transform Your Home And Business

The right lighting can completely change the look, feel, and functionality of any space. Whether it ...

Traffic Light System Solutions For Safer And More Efficient Traffic Management

Modern cities and growing communities rely heavily on effective traffic management to ensure safety...

Gold Migration Lawyers in Liquidation: How the Closure Affects Your ART Appeal

If your appeal was with Gold Migration Lawyers, a recent change to how the Tribunal decides cases ...