New research from Chetan Sharma Consulting indicates that the U.S. mobile data market grew 4% Q/Q and 14% Y/Y to reach $21 billion in mobile data revenues.
According to the report, data is now 46% of the U.S. mobile industry service revenues. This is consisent with the forecast made by Sharma a few years ago.
The cross-over point of 50%, Sharma suspects, may happen before the end of 2013.
“For the year 2013, we are expecting $90 Billion in mobile data service revenues for the US market,” Tuesday’s report reads.
Impressively, smartphone penetration has now breached the 60% mark in the U.S.
Driven by leading iOS and Android-powered devices, smartphones “continue to sell at a brisk pace,” accounting for almost 87% of the devices sold in Q2 2013.
“Apple led the smartphone sales amongst the top 4 operators with 42% share for the quarter,” Sharma finds. “While the US penetration of smartphones is 60%, the 60% of the sub base is concentrated in only 35% of the households thus leaving plenty of growth in the marketplace.”
To read the full report from Chetan Sharma Consulting, click here.