Monday, March 24, 2008

Telco Data Services Market in Emerging Asian Countries to Grow at 36% CAGR from 2007-2011, says IDC

Singapore and Hong Kong, March 14, 2008 – Based on IDC's "Asia/Pacific Emerging Countries Telecommunications Services Forecast and Analysis, 2007 – 2011" report, the telecommunications data services market in emerging Asian countries (defined as Bangladesh, Pakistan, Sri Lanka and Vietnam) is projected to collectively grow at a compound annual growth rate (CAGR) of 36% from 2007-2011.

The data segment, which includes mobile data services, fixed line corporate data and Internet access services, grew strongly at 258% year-on-year in 2006, reaching US$952 million. While these four country markets will remain generally voice-centric throughout the forecast period, revenue share of the data segment will improve significantly from 17% in 2006 to over 30% by 2011.

Source:IDC Press Release

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