Taiwan's mobile service revenue to hit $7.3b in 2029

The average monthly mobile data usage will rise from 35GB in 2024 to 42.4GB in 2029.

The growing adoption of mobile data services in Taiwan is set to boost the country’s mobile service revenue from $6b in 2024 to $7.3b in 2029, at a compound annual growth rate of 3.9%, according to a report by GlobalData.

The report showed that the average monthly mobile data usage will rise from 35GB in 2024 to 42.4GB in 2029, driven by increasing consumption of high-bandwidth online entertainment and social media via smartphones.

Moreover, adoption of higher average revenue per user (ARPU) 5G services is expected to push mobile data service revenue up at a CAGR of 5.9% over the same period.

However, mobile voice service revenue is projected to decline at a CAGR of 4.3% between 2024 and 2029, as users shift towards OTT and internet-based communication platforms, leading to lower voice ARPU.

“5G subscriptions hold the majority share of the total mobile subscriptions in 2024 and will go on to account for over 95% of the total mobile subscriptions share in 2029, mainly due to the increasing availability and adoption of 5G-enabled smartphones and the ongoing 5G network expansions by operators,” said Kantipudi Pradeepthi, telco analyst at GlobalData.

Chunghwa led the market amongst local providers in 2024, followed by Taiwan Mobile and FarEasTone, GlobalData said.

“Chunghwa will retain its leading position through 2029 due to the expansion of its 5G network in the country and strong focus on accelerating 5G service adoption by offering flexible pricing plans and diversified mobile value-added services such as music, movie, TV, and cloud gaming,” Pradeepthi added.

Follow the link for more news on

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit