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740M MOBILE USERS IN ASIA |
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Written by Adam Gosling
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Wednesday, 14 September 2005 |
Asia looks set to overtake the rest of the world to become the largest regional mobile market over the next five to ten years, says In-Stat.
The researcher says there are already nearly 740 million mobile users in Asia (including Japan, Australia, and New Zealand) with total revenue of roughly US$180 Billion.
However, by 2009, mobile telecom revenues could reach more than US$260 billion with India the fastest growing entity.
The Indian mobile telecoms market is enjoying a 32.8% CAGR in subscriber numbers with revenue growth of 31.1% CAGR, that is likely to extend through to 2009.
"In-Stat sees Asia as the most exciting market for investors, operators, equipment vendors, and handset manufacturers," says Bryan Wang, In-Stat analyst. "Operators like NTT DoCoMo and Singapore Telecom are seeking investment opportunities to expand outside their home markets."
As in many other consumer markets, the South Korean handset vendors Samsung and LG are significantly gaining market share in both high-end products and in developing markets.
Meanwhile, US equipment vendors like Motorola and Lucent have made significant headway in the Asian market because of their large new deployments of CDMA technology.
The report, "Asia Wireless Annual Report: Subscribers, Handsets, and Infrastructure" (#IN0502379AW), covers wireless services, handset, and equipment markets in 13 countries that make up the Asian market.
http://www.in-stat.com
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