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

The Rise of Digital Marketplaces in the Australian Trade Sector

For decades, the Australian trade and construction sector operated almost entirely on word-of-mouth recommendations and local community networks. Small business owners typically relied on local newspa...

Daily Bulletin - avatar Daily Bulletin

How Immigration Lawyers Can Help

Introduction Visa decisions can shape employment, family life, study plans, travel, and future residence. A small omission can lead to delay, added expense, or refusal. Immigration lawyers assess l...

Daily Bulletin - avatar Daily Bulletin

How Industrial Drying Equipment Supports Efficient Processing

Many industrial processes require moisture to be removed from compressed air, products or process materials before they move to the next stage. Excess moisture can affect equipment performance, produc...

Daily Bulletin - avatar Daily Bulletin

Practical Ways a Whiteboard Can Improve Workplace Communication

Effective communication helps teams stay organised, share ideas and keep track of important information. While digital tools are now common in many workplaces, a whiteboard continues to provide a simp...

Daily Bulletin - avatar Daily Bulletin

Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

Daily Bulletin - avatar Daily Bulletin

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

The Daily Magazine

How Labour Gaps Delay Residential Building Projects

A residential build rarely stalls because of one dramatic event. More often it stalls because the ri...

Reducing Sales Content Management Complexity Through Structured Systems

Sales content can quickly become difficult to manage as a business grows. Product descriptions, pitc...

Stainless Steel Supplier: Finding the Right Materials for Your Project

Why the Choice of Supplier Matters The supplier you choose can affect the quality and progress of...

What Luxury Watches Actually Hold Their Value in 2026 (Spoiler: It's Not What You'd Guess)

Ask ten people which watches are a "good investment" and you'll get ten confident answers, most of...

Suburb by Suburb, How Sydney’s Housing Styles Shape Bathroom Renovation Choices

Sydney is not one city when it comes to renovating a bathroom, it is about a dozen different ones ...

Breaking Into Sales and Customer Service Jobs in Tucson: What You Need to Know

Tucson, Arizona has quietly become one of the Southwest's most dynamic job markets, particularly f...

How to Transform Your Daily Work Ute Into a Weekend Touring Rig

In 2025, Australians purchased a record 1.24 million new vehicles, with the Ford Ranger and Toyota...

Why Dental Tourism in Mumbai is the Smart Choice

Dental tourism in Mumbai is gaining more attention in recent times. Mumbai is not only the financi...

South African Consular Services Expand to Six Australian Cities

South Africans living in Adelaide, Brisbane and Canberra will now be able to access passport, identi...