1.87 billion mobile users by 2007

A recent study by the Yankee Group predicts 1.87 Billion mobile users by 2007, which appears to be on track for the 2 billion mobile users by the decade's end that the industry is aiming towards.

1.87 billion users may sound like a lot, but it represents only 27.4% of the world's population; still a fair number. The study predicts a compound annual growth rate of 8.7% between 2002 and 2007 worldwide, with Asia-Pacific having the biggest growth at 13.6%.