Venture Insights - BRIEF: ANZ enterprise mobility market still has growth potential

BRIEF: ANZ enterprise mobility market still has growth potential

Abstract: Venture Insights has now published its 2024 forecasts for the Australian and New Zealand business mobility markets. The ANZ mobility market for businesses is a relative bright spot in a competitive segment. Venture Insights forecasts that Australian total business mobility revenues will grow at a CAGR of +2.3% over FY23/28. In New Zealand, we forecast +2.0% CAGR. Competitive pressure remains strong in the market for fixed connectivity and value-added services for business, making mobility an increasingly important category for incumbent telcos.