CAMBRIDGE, Mass., Sept. 14, 2011 /PRNewswire/ -- 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 a new report from Pyramid Research (www.pyr.com).
China: FTTx and 3G Drive Growth, Making It No. 2 Telecom Market Globally 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.
"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," indicates Daniel Yu, Associate Manager at Pyramid.
The combination of robust growth in telecommunications service revenue and an appreciating renminbi will push total service revenue CAGR to 9.8% during the 2011-2016 period, the highest in Asia-Pacific, Yu concludes. "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% of the total revenue increase in China between 2011 and 2016," he adds.
China: FTTx and 3G Drive Growth, Making It No. 2 Telecom Market Globally is part of Pyramid Research's Asia-Pacific Country Intelligence Report Series and is priced at $990. Download the excerpt or purchase the report here. For more information, contact Jarka Justova or Lorena Marani (for those in Latin America).
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SOURCE Pyramid Research