ASIA MAY become the largest regional mobile telecommunications market in the
world over the next five to ten years, reports analysts In-Stat.
According to the company, 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 ($243 billion), the high-tech market research firm says.
By 2009, Asian mobile telecom revenues will reach over US$260 billion ($351
billion).
India will be the fastest growing entity in the region, with a 32.8 percent
compound annual growth rate (CAGR) in terms of subscribers, and 31.1 percent by
revenue, for the period from 2004 to 2009.
In a recent report the company also noted that South Korean handset vendors
like Samsung and LG are gaining significant market share in both high-end
products and developing markets. And in the equipment area, Sony Ericsson is
winning most of the new business, although US equipment vendors like Motorola
and Lucent have made significant headway in the market because of their large
new deployments of CDMA technology.