China and India will lead mobile market growth by 2011. They will account for about 60% of the 1.2bn predicted new mobile subscribers over the next five years. Market penetration of wireless services will grow from 34.8% to over 69% in China and from 13.4% to 31% in India. China will surpass Japan as the world’s second-largest broadband market by 2011 with broadband revenues of more than $19bn and four times the subscriber base. The USA will maintain its position as the world’s largest mobile and broadband market in terms of revenues over the forecast period.