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Wednesday, September 14, 2005

Asia : The World's Largest Mobile Market Shortly

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

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