Asia-Pacific telecom equipment market to generate $47 bln in 2007
The Asia/Pacific telecom equipment market will continue to grow robustly, from $43 bln in 2005 to $47 bln in 2007, reports 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 country markets, as well as the implementation and extension of 3G wireless networks throughout Asia/Pacific are all driving the regional equipment market.
India’s market will have the fastest Compound Annual Growth Rate (CAGR), close to 10%, for 2005-2007. In 2005, telecom service providers in Asia/Pacific collectively spent 12.9% of their service provisioning revenue on purchasing new equipment. In 2005, Ericsson was the top wireless equipment vendor, Cisco won the war for data networks, Alcatel sold the most Internet access equipment, while Huawei kept its leading position on transport systems.