Emerging countries to support overall fixed communications market growth in APAC over 2020-2025, says GlobalData
Feb. 25, 2021 at 11:12 am
February 25, 2021
Fixed communications service revenue in Asia-Pacific (APAC) is set to increase at a compound annual growth rate (CAGR) of 1.6% to reach US$209.4bn in 2025, supported by the growing fixed broadband service adoption, particularly in the emerging markets of the region, according to GlobalData, a leading data and analytics company.
An analysis of GlobalData’s APAC Fixed Communications Forecast Pack reveals that APAC is a moderately developed region in terms of fixed broadband adoption, with fixed broadband account penetration of population reaching 17.2% at year-end 2020.