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China's Telecom Market to Race Ahead of Japan by 2014 Reveals Pyramid Research

TMCnews Featured Article


September 19, 2011

China's Telecom Market to Race Ahead of Japan by 2014 Reveals Pyramid Research

By Shamila Janakiraman, TMCnet Contributor


Pyramid Research published the results of its new research which reveals that China’s telecommunications market is expected to exceed Japan’s by 2014, making it the second largest market behind the U.S. in 2016.

According to analysts the report entitled “China: FTTx and 3G Drive Growth, Making It No. 2 Telecom Market Globally” throws light on the precise profile of the country’s telecommunications, media and technology sectors. The study details depend on proprietary data collected form Pyramid’s research in the market.


Also the report provides detailed competitive analysis of both the fixed and mobile sectors, besides tracking the market shares of technologies and services, and monitoring the introduction and spread of new technologies.

In a release Daniel Yu, Associate Manager at Pyramid said, “The outlook for China's telecom industry remains bright in 2011, because Pyramid Research expects 3G service adoption to gain more momentum four years after its inauguration and operators to further capitalize on their investments in the fixed broadband network through promotion of value-added services.”

The immense growth in telecommunications service revenue and the appreciating Renminbi, the official Chinese currency, is expected to push total service revenue CAGR to 9.8 percent during the 2011-2016 period, the highest in Asia-Pacific.

Yu added, “Though mobile voice is and will continue to be the largest contributor to overall revenue in China's telecommunications services market, the future growth engines of the market will be mobile data and broadband Internet, which combined will account for 70 percent of the total revenue increase in China between 2011 and 2016.”

China: FTTx and 3G Drive Growth, Making It No. 2 Telecom Market Globally report forms part of the research firm’s Asia-Pacific Country Intelligence Report Series, confirmed officials.

 


Shamila Janakiraman is a contributing editor for TMCnet. To read more of Shamila’s articles, please visit her columnist page.

Edited by Juliana Kenny