Hong Kong mobile revenue to hit $3.2b by 2030

GlobalData said growth will be driven by mobile data services and sustained 5G adoption.

Hong Kong’s mobile services market revenue is projected to grow at a compound annual growth rate (CAGR) of about 2%, from $2.9b in 2025 to $3.2b in 2030, according to GlobalData.

The growth will be driven mainly by mobile data services, supported by widespread 5G adoption, rising mobile internet usage, and demand for high-speed connectivity.

Mobile data service revenue is forecast to increase at a 3.5% CAGR from 2025 to 2030, helped by the adoption of higher-ARPU 5G services and data-centric mobile plans.

By contrast, mobile voice service revenue is expected to decline at a 7.6% CAGR over the same period as users shift to OTT-based communication platforms and operators bundle free voice minutes into service plans.

Average monthly mobile data usage is projected to rise from 9.7 GB in 2025 to 32.6 GB in 2030, driven by increased consumption of online video and social media content.

5G will remain the leading mobile technology by subscriptions through 2030, supported by extensive network coverage, wider use of 5G-enabled smartphones, and premium plans for bandwidth-intensive applications.

GlobalData said OFCA’s auction of 50 megahertz spectrum in the 2.5/2.6 gigahertz band and its subsidy scheme for rural and remote areas are expected to improve network capacity and service quality.

China Mobile Hong Kong led the market by mobile subscriptions in 2025, followed by 3 Hong Kong. CMHK is expected to retain its leadership through 2030, supported by its prepaid segment, 5G network expansion, modernisation initiatives, and new service launches.

GlobalData said competition in Hong Kong’s mobile market will increasingly depend on high-value data services, 5G differentiation, premium plans, indoor coverage, enterprise solutions, network quality, and value-added digital and roaming services.