Asia may become the largest regional mobile telecommunications market in the world over the next five to ten years, reports industry analyst reporter quoting In-Stat. In 2004, there were nearly 740 million mobile users in Asia (including Japan, Australia, and New Zealand) with total revenue of roughly US$180 billion, the high-tech market research firm says. In the next four years it is predicted that the number would go upwards by another 40%. India will be the fastest growing entity in this region, with a 32.8% CAGR in terms of subscribers, and 31.1% by revenue, for the period from 2004 to 2009. Points to note:
- The asian market looks exciting for all – service providers, equipment vendors, handset manufacturers and players like NTT DoCoMo & Singtel are expanding beyond their home markets.
- South Korean handset vendors like Samsung and LG are significantly gaining market share in both high-end products and in developing markets.
- In the equipment area, Sony Ericsson is still winning within the region, with its advanced technologies and R&D facilities, extensive infrastructure, great product quality, and successful marketing strategies.
- Motorola and Lucent have made significant headway in the Asian market because of their large new deployments of CDMA technology. The full report is available here
Categor :Mobile Markets, Asia
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