SHANGHAI, April 23, 2013 /PRNewswire/ -- China's rising economy, along with decreasing device prices, is expected to support strong domestic demand for smartphones and tablets, which will increase mobile data requirements and spur the mobile data monitoring market in the country. The deployment of advanced network technologies will further require data solution providers to invest in mobile data monitoring to ensure a high quality of customer experience.
New analysis from Frost & Sullivan (http://www.testandmeasurement.frost.com), Mobile Data Monitoring Market in China, finds that the market earned revenues of more than $35.9 million in 2012 and estimates this to reach $141.5 million in 2019. The market is expected to grow at a compound annual growth rate of 21.7 percent during this period.
The Chinese government's investments in next-generation mobile communications have led to the rise of fixed-mobile convergence and the simultaneous deployment of mobile data technologies on both legacy and wireless networks. To manage these complex networks, telecom operators are turning to mobile data monitoring solutions to enhance network quality, optimize data usage structure, and resolve issues quickly.
"The rapid commercial deployment of 3G and time division - long term evolution (TD-LTE), which require the processing of larger spectrum requirements at lower costs and fast data transfer speeds, accelerate the adoption of data monitoring solutions in China," said Frost & Sullivan Measurement and Instrumentation Research Analyst Leo Jia. "Although 3G is in relative infancy in the country, plans are already underway for 4G development, further broadening the scope for data monitoring solution providers."
With this continuous effort to offer scalability, high performance, and keep up with faster transmission demands, however, mobile data monitoring vendors are constantly investing in mobile data and network infrastructure, thereby reducing market value. The growth in data rates does not necessarily translate into significant increases in revenue, as secure and complex testing capabilities necessitate higher expenditure.
Rising labor costs and exchange rates have forced companies to transfer their bases out of China, further limiting market growth, while slow economic recovery has curbed market development.
"Mobile data monitoring solution providers must build long-term relationships with their customers to keep up with technological innovations," noted Jia. "They need to offer upgrades as well as end-to-end services to provide a positive end-user experience."
Robust research and development activities will help create effective cutting edge solutions and drive market expansion in the country.
If you are interested in more information on this research, please send an email to Zhenhua Chen, Corporate Communications, at [email protected], with your full name, company name, job title, telephone number, company email address, company website, city, state and country.
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Mobile Data Monitoring Market in China
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SOURCE Frost & Sullivan