MEF Middle East Surveys show strong mobile growth in Middle East region
- Qatar: Thursday, December 13 - 2012 at 12:57
- PRESS RELEASE
MEF Middle East's Office, co-founded by the Qtel Group today published its third Middle East Mobile Content & Commerce Survey, carried out in partnership with KPMG. It found that overall the level of confidence in growth in the region remains bullish, and is growing.
The market appears to be growing ahead of expectations with almost a half of respondents saying their company had grown, while just one in ten had contracted during the third quarter of 2012.
90% of respondents were optimistic about growth with notable increases in both mobile social networks (33%) and mobile games (10%) segments.
The study highlighted industry concerns around consumer trust and awareness as the greatest barriers to market growth as well as voicing concerns over whether third party OTT providers will be able to successfully deliver services to end users in the region.
The results of the third ME Survey reflect the findings of the global trade association's annual Global Consumer Survey released last month.
Carried out in partnership with On Device Research it reveals the behaviour of mobile media users from across the world, giving unprecedented data and intelligence into mobile engagement and purchasing habits.
The 10-country study reveals that nearly nine in ten (88%) of the world's mobile media users now engage in mobile content and commerce (up from 82% in 2011).
At 13% growth the Qatar market is leading the global trend that growth markets are driving overall global increases in mobile content and commerce. In the Qatar market, the study found strong growth across all activities with 76% of mobile media users in engaging with the mobile channel to research products or services, 66% having purchased digital or physical goods in the last six months and 62% using mobile banking services.
Paul Salmon, Chief Technology Officer, Qtel Group, said: "Today, more than 90% of the world's population lives within reach of a mobile phone network and has access to Internet services. This study demonstrates the extent to which this incredible growth is changing consumer behaviour and enriching people's lives. Companies across the Qtel Group are working to deliver the best possible network to provide customers with the peace of mind they require to engage new opportunities via mobile Internet."
Andrew Bud, Global Chair MEF said: "MEF's 2012 report shows how far mobile has come as a channel for both consumer engagement and entertainment. Across the world, mobile content and commerce is increasingly the most convenient way to discover, to choose and to buy. The data has profound implications for brands, retailers and financial institutions, as well as the content and entertainment industry. We cannot be complacent: both studies reveal that trust is still a significant barrier for consumers and the industry must collaboratively address that to sustain growth."
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / 4C. AME Info FZ LLC / 4C is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.