Telecom Equipment Market Outlook – Growth in Wireless Subscriber Base Driving the Market
New York, NY, April 30, 2014 --(PR.com
)-- Global market intelligence firm, Netscribes, Inc. released its latest report on the ‘Telecom Equipment Market in India 2014’. The steadily growing wireless subscriber base and next generation voice and data services with IPv4 and IPv6 migration drives the demand for telecom equipment.
Netscribes’ latest market research report titled Telecom Equipment Market in India 2014 highlights the country’s wireless subscriber base that is growing at a rapid pace. With the fall in the prices of mobile devices, the popularity of end-user telecom equipment is also rising significantly. With the rising usage of 3G services and adoption of 4G technology, the need for telecom equipment is expected to rise significantly. Some government policies such as the IPv4 to IPv6 migration have also provided a significant boost to the domestic telecom industry. High imports signify the continued demand for telecom equipment in Indian markets which cannot be fulfilled by domestic production.
Currently, the Carrier Equipment segment generates the maximum revenue, although the future of the Enterprise Equipment segment looks promising. Revenue from user devices is expected to remain almost flat. Mobile handsets account for around 40% of the total telecom equipment market in India. The arrival of next generation 4G telecom network technologies and broadband wireless access have together resulted in a rapid increase in the demand for telecom equipment. Rural market is expected to be the future key growth driver for the Indian telecom sector, given the country’s growing rural population and disposable income. Currently, the rural wireless subscriber base comprises around 38.94% of the country’s total subscriber base.
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