Mobile spending to be worth in the trillions

HTC smartphoneA report from the International Data Corporation (IDC) said that spending on mobile technologies will hit $1.2 trillion by 2019.

According to IDC, mobile use started with the idea to move employees from being bound to desktops to being mobile.

But that pattern has changed and now many enterprises use the technology to improve their efficiency.

IDC figures indicate that $901 billion was spent worldwide on mobile technologies last year, with wireless data and smartphones representing the bulk of the spend.

But by 2019 the sector will be worth as much as $1.2 trillion, with particular verticals using the technologies in different ways.

Jessica Goepert, a programme director at IDC, said: “It goes beyond providing a smartphone to the desktop worker. Instead, it’s about utilising mobile technology to increase sales, improve profitability and raise customer and employee satisfaction.”