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Riding on a wave of the growth in fiber-to-the-home (FTTH) subscriptions, the total fixed broadband service revenue in Malaysia is expected to increase at a compound annual growth rate (CAGR) of 10.1% from US$1.6bn in 2020 to US$2.5bn in 2025, said a study.
GlobalData’s Malaysia Fixed Communication Forecast reveals that fixed voice service revenue will decline at a CAGR of 8.4% over 2020-2025 due to the steady drop in circuit-switched subscriptions and decline in fixed voice average revenue per user (ARPU) levels.
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The mobile data services revenue in India is expected to grow from $6.3 billion in 2020 to $12.5 billion in 2025, said a study.
The mobile data services revenues estimated to grow at a compound annual growth rate (CAGR) of 14.7% over the next five years, driven by a continued rise in smartphone subscriptions and the subsequent surge in mobile data consumption.
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.