A new report indicates telecom revenue in the emerging Asia-Pacific region will grow $94 billion over the next five years.
Telecom's retail revenue in this region will grow at a compound annual growth rate of 7 percent between 2011 and 2016, according to a new report from Analysys Mason, and total telecom service revenue will grow by 29 percent from $229.7 billion in 2011 to $323.7 billion by 2016.
All revenue totals are shown in USD.
The key trends driving this growth will be 3G and 4G services, the growing demand for Internet access (leading to more smartphones and mobile broadband), and improved broadband coverage and connectivity as a result of greater network coverage and higher international bandwidth, the report stated.
The research report provides detailed fixed and mobile subscriber and revenue forecasts for more than 60 KPIs relating to voice and data services, and it discusses key drivers and challenges for telecoms growth in this region of 3.7 billion people.
The analysis includes country-level forecasts for the major markets of Bangladesh, China, India, Indonesia, Malaysia, Pakistan and Thailand.
In addition, the report reveals that 3G will become the dominant mobile technology in the emerging APAC region during the forecast period, and 41 percent of active SIMs in the region will be 3G by 2016, compared with just 11 percent in 2011.