Asia Telecom Market Forecasts to 2023 - Mobile Broadband Will Continue to Fuel Growth - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 8, 2018--The “Asia - Telecom Forecasts” report has been added to ResearchAndMarkets.com’s offering.
This annual publication provides country-level forecasts for the 34 telecoms markets across Asia for their mobile broadband and fixed broadband markets.
Asia’s telecoms markets continue to see solid growth, however, this growth is predicted to slow down over the next five years to 2023. While the mobile broadband market still has significant room for further strong growth, the mobile subscriber market is already approaching saturation in most Asian markets.
Total mobile subscribers market growth will continue to ease off over the next five years to 2023 as the remaining mobile markets now head toward saturation and their mobile subscriber growth rates ease off as has occurred in the more mature markets such as Japan, Hong Kong Macau and Singapore.
Although the rate of increase of mobile broadband subscribers has subsided as the initial rapid rollout of services has slowed down, the growth rate is still reasonably strong, implying that there is still significant growth opportunity left in the market over the next five years to 2023, especially in some of the less developed Asian markets that are still dependant on voice networks for mobile services.
Asia’s total mobile broadband subscriber base as a proportion of the total mobile subscriber base continues to grow. Mobile broadband subscribers now account for just over half of all mobile subscribers in Asia. This percentage will continue to increase over the next five years to 2023.
Fixed broadband penetration is expected to only increase modestly in these markets over the next five years to 2023, while the growth will come from the less developed markets such as India. However, penetration rates are never expected to reach the high levels seen in the more mature developed nations as developing nations have typically bypassed fixed line access and moved directly to mobile access.
Asia is arguably the world’s most diverse region with regards to its telecoms industry. The region contains a vast array of countries, ranging from those with highly mature and advanced telecommunications markets, that are world leaders in the move towards 5G and next-generation fibre networks, such as South Korea, Hong Kong, Singapore and Japan, to some of the poorest and least developed countries such as North Korea and Afghanistan.
Key Topics Covered:
1. Regional overview
7. Brunei Darussalam
11. Hong Kong
23. North Korea
27. South Korea
28. Sri Lanka
32. Timor Leste
For more information about this report visit https://www.researchandmarkets.com/research/2jsz89/asia_telecom?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181008005659/en/
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Related Topics:Telecommunications and Networks
KEYWORD: ASIA PACIFIC
INDUSTRY KEYWORD: TECHNOLOGY INTERNET TELECOMMUNICATIONS MOBILE/WIRELESS
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 10/08/2018 12:49 PM/DISC: 10/08/2018 12:49 PM