Representative ImageRising 5G adoption in Singapore is transforming the mobile revenue landscape, countering the decline in traditional voice services and stabilising market growth through 2030, according to GlobalData. The shift towards data-led monetisation is compelling operators to invest in network infrastructure and refine pricing strategies to maintain profitability.
GlobalData's Singapore Mobile Broadband Forecast (Q4-2025) reveals that the country's total mobile service revenue is expected to grow at a compound annual growth rate (CAGR) of 0.7% from 2025 to 2030. This growth is driven by the increasing adoption of 5G services, which are projected to account for over 95% of total mobile subscriptions by 2030. Kantipudi Pradeepthi, a Telecom Analyst at GlobalData, stated, "5G services accounted for a major share of total mobile subscriptions in 2025 and will go on to represent over 95% of the total mobile subscriptions in 2030."
Whilst mobile voice service revenue is anticipated to decline at a 5.8% CAGR due to the shift towards over-the-top (OTT) communication platforms, mobile data service revenue is expected to rise at a 4.4% CAGR. This increase is attributed to the growing demand for high-speed data services and the expansion of 5G networks across the nation.
Singtel is expected to maintain its dominance in the mobile services market through 2030, bolstered by its strong position in both prepaid and postpaid segments and its focus on 5G network development. In May 2025, Singtel launched Singtel 5G+, enhancing its network coverage significantly.
Pradeepthi concludes that the telecom market's future hinges on data-centric services, with operators needing to balance infrastructure investments and innovative pricing to sustain margins in a saturated market
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