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People use mobile phones to take pictures of the annual procession of Our Lady of Charity, the patron saint of Cuba, on the streets of downtown Havana September 8, 2014. REUTERS/Alexandre Meneghini

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The Explosive Growth of the Mobile Economy will Change the World

September 15, 2014, Joshua Bleiberg and Darrell M. West

The mobile economy has exceeded expectations with its rapid pace of growth over the past decade. The global mobile economy is currently $1.6 trillion and will reach $2 trillion by 2017. The explosive growth in the sectors has created barriers to further advances and exacerbated other issues. Government officials will need to address the problems to realize the full potential of the mobile economy.

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