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Cambridge, Massachusetts - October 7, 2010 - In India, a combination of higher disposable income, low teledensity in rural areas, intense competition, low prices, and the availability of more affordable low-cost devices will enable mobile operators to add an astounding 125 million net additions on average per year through 2015 – more than any other country around the world, according to a new report from Pyramid Research (www.pyr.com).
India: Sheer Size of Untapped Mobile Market Offers Huge Potential for Operators offers a precise profile of the country’s telecommunications, media, and technology sectors based on proprietary data from Pyramid’s research in the market. It provides detailed competitive analysis of both the fixed and mobile sectors, tracks the market shares of technologies and services, and monitors the introduction and spread of new technologies. Download an excerpt of this report here.
Home to a growing population of 1.2 billion people, India is one of the fastest-growing telecom markets around the globe. “The country’s telecom service revenue will be worth US$45.5 billion in 2010, ranking third in Asia/Pacific behind Japan and China,” says Luis Portela, Analyst At Large for Pyramid. “Pyramid Research expects it to grow at a 9.4 percent CAGR through 2015, when telecom will generate US$71.3 billion in service revenue. Booming economic performance, a growing population, an expanding middle class, and a relatively low service penetration give India tremendous growth prospects. ”
“The mobile sector will be the main growth driver, accounting for 71 percent of the country’s telecom services pie by 2015,” Portela says. “In spite of intense competition among the 15 existing players and increasing downward price pressures, mobile voice revenue will advance at a 8.1 percent CAGR during the 2010-2015 period; at the same time mobile data service revenue will grow at a 27.3 percent CAGR, fueled by increasing adoption of 3G and of services, such as music, video, and broadband access,” he explains. “By 2015, Pyramid expects mobile subscriptions to reach 1.2 billion, equivalent to a 100 percent penetration rate, which will grow from 64 percent in 2010.”
India: Sheer Size of Untapped Mobile Market Offers Huge Potential for Operators is part of Pyramid Research's Asia/Pacific Country Intelligence Report Series and is priced at $990. Download the excerpt here. It can be purchased online here or by emailing us at info@pyr.com.
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About Pyramid Research
Pyramid Research (www.pyr.com) offers practical solutions to the complex demands our clients face in the telecommunications, media and technology industries. Our analysis is uniquely positioned at the intersection of emerging markets, emerging technologies and emerging business models, powered by the bottom-up methodology of our market forecasts for over 100 countries – a distinction that has remained unmatched for more than 25 years. As the telecom research arm of the Light Reading Communications Network, Pyramid Research works with Heavy Reading, providing the communications industry's most comprehensive market data, trusted research and insightful technology analysis.
About Light Reading
Founded in 2000, Light Reading (www.lightreading.com) is the leading online media, research, and event focused company serving the $3 trillion worldwide communications market. Lightreading.com is the ultimate source for technological and financial analysis of the communications industry, leading the media sector in terms of traffic, content, and reputation. Light Reading’s research arms, Heavy Reading and Pyramid Research, provide the most comprehensive communications research, market data, and technology analysis in close to 100 markets around the world. Light Reading produces nearly 20 targeted communications events including TelcoTV, and TelcoTV Asia, Ethernet Expo New York and Ethernet Europe, and The Tower Summit @ CTIA, as well as focused one-day events tailored for cable, mobile, and wireline executives in the US, Europe, India, and China. Light Reading was acquired by United Business Media in August 2005 and operates as a unit of TechWeb.
About UBM TechWeb
UBM TechWeb (http://www.ubmtechweb.com/), the global leader in technology media and business information, enables people and organizations to harness the transformative power of technology. Through its core businesses - media solutions, marketing services, and professional information - UBM TechWeb produces the most respected and consumed brands, applications, and services in the technology market. More than 14.5 million business and technology professionals (CIOs, IT and IT Support managers, Web and digital professionals, software and game developers, government decision makers, telecom providers and business executives) actively participate in UBM TechWeb’s communities. UBM TechWeb brands include: global face-to-face events such as Interop, Game Developers Conference (GDC), Web 2.0, Black Hat, and VoiceCon; large-scale online networks such as InformationWeek, Light Reading, and Gamasutra; research, training, and certification services, including HDI, Pyramid Research, and InformationWeek Analytics; and market-leading magazines such as InformationWeek and Wall Street & Technology. UBM TechWeb is part of UBM, a global provider of media and information services for professional B2B communities and markets.
Press contact:
Jennifer Baker
Pyramid Research
+1 617 747-4110
jbaker@pyr.com
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