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Mobile Development Spurs Growth in the Developing World [Infographic]

“Near ubiquity brings new opportunities,” optimistically states the World Bank ICT (Information and Communication Technologies) in a new report espousing the benefits of mobile in the developing world.

It’s old news that mobile phones are rapidly spreading in the developing world. What’s not known is how that near ubiquity in mobile ownership is revolutionizing owner’s lives–and the economies in which they live.

This report looks at the “app economy,” its growth, and its future to predict impacts of the industry’s development .

Summarizing and invigorating the data, the report includes a swanky infographic, highlighting the pace at which mobile is expanding and how applications are enriching the lives and economies.

“Engaging mobile applications for development requires an enabling ecosystem,” encourages the graphic. The report and the data beg the question, how can governments, VCs, and developers collaborate to spur the industry’s development and growth.

Further positive development is the aim of the report, and the graphic highlights the need for a system to support and enable collaboration between industry, society, and the government to create an ecosystem for further mobile application development.

What about infrastructure?

“Mobile devices are becoming cheaper and more powerful, while networks are doubling in bandwidth roughly every 18 months and expanding into rural areas,” it says, showing the exponential growth and future potential of mobile.

Stunning statistics include a 36% income growth for Ugandan banana farmers who use mobile applications, and the exponential projected growth for mobile data traffic.

“The developing world is now more mobile than the developed world,” it says. How will mobile help rural developments leapfrog those in the developed world?

Read the full report from the World Bank, or skim the Executive Summary.

Download here: Maximizing Mobile for Development [INFOGRAPHIC]

Source (Asian Trends Monitoring)

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