Telecommunication services revenue in major Asia-Pacific (excluding Japan) markets will grow 20 percent from US$150 billion in 2002 to $180 billion in 2003, according to research released Tuesday by IDC.
IDC's revenue survey covered Australia, Hong Kong, India, Korea, Malaysia, the Philippines, China, Singapore and TaiwanThe majority of revenue continues to be from fixed telephony and wireless services, with both these sectors being worth more than $50 billion. Following these sectors, but with revenues still under $10 billion are leased lines, Internet access with related services and broadband access, according to IDC.
Broadband access was the fastest-growing sector in 2001, posting 146 percent year-on-year growth, according to IDC. Revenue will continue to grow at a CAGR (compound annual growth rate) rate of 82 percent until 2006, with China in particular poised for massive growth of broadband, IDC said.
Wireless services remain strong in Asia, with the regional market expected to grow from over 250 million subscribers in 2001 to more than 550 million in 2006. In terms of mobile level penetration (including both pre-paid and post-paid subscriptions), Taiwan led the region at 85 percent in 2001, followed by Singapore and Hong Kong, according to IDC.
By 2004, regional wireless revenues will be almost $100 billion, well ahead of fixed-line services at $80 billion and broadband access revenues of $20 billion, according to IDC figures.
IDC is a subsidiary of International Data Group Inc., the parent company of IDG News Service