Asia/Pacific telecom equipment sales to net $47 billion by '07, says report
May 17, 2006 Scottsdale, AZ -- The Asia/Pacific telecom equipment market will continue to grow robustly, from $43 billion in 2005 to $47 billion in 2007, reveals new research from In-Stat.
May 17, 2006 Scottsdale, AZ -- The Asia/Pacific telecom equipment market will continue to grow robustly, from $43 billion in 2005 to $47 billion in 2007, reveals new research from In-Stat. The expansion of all types of networks in China and India; the accelerating deployment of high-speed Internet access networks in Japan, South Korea, and other developed markets; as well as the implementation and extension of 3G wireless networks throughout Asia/Pacific are all driving the regional equipment market.
"As competition will intensify in the marketplace, equipment vendors will have to differentiate themselves to win projects by excelling in a focused product area or providing comprehensive choices and end-to-end solutions," notes In-Stat analyst Victor Liu. "Market consolidation is expected to happen among service providers in weaker positions."
According to the report, India's market will have the fastest Compound Annual Growth Rate (CAGR), close to 10% from the forecast period of 2005-2007.
In 2005, telecom service providers in Asia/Pacific collectively spent 12.9% of their service provisioning revenue on purchasing new equipment.
Ericsson was the top wireless equipment vendor in 2005, Cisco won the war for data networks, Alcatel sold the most Internet access equipment, and Huawei kept its leading position on transport systems.
For more information about the report, "Telecom equipment market in Asia," visit In-stat's Web site at www.in-stat.com.