The number of HSPA/LTE mobile broadband subscribers grew to reach 33.9 million by the end of 2010, highlighting a year-on-year increase of 33%. The analyst firm predicts this figure will continue to grow at a CAGR of 18.9% to reach 96 million by 2016.
Comparatively, the North American market is growing at a slower pace, with mobile broadband accounting for only 13.2% of the total number of connections. However, the market is forecast to grow at a CAGR of 25.8% to reach
58 million subscribers by the end of 2016.
Within Europe, the adoption of mobile broadband varies significantly, with Austria recording a penetration rate of over 20%, while the likes of Belgium, Switzerland and Greece have penetration rates of less than 3%.