Main growth levers in the Indian telecom mobile market
Telecom industry in India has undergone a revolution in the recent years. The country is ranked third worldwide in terms of having the largest telecommunication network, after China and USA. With the ongoing investments into infrastructure deployment, the country is projected to become the second largest Telecom market globally in next few years.
Following our previous post assessing the Indian market in 2008, we present here a brief update on the main KPIs that will drive the evolution for this year. Mobile telephony, in particular, continues to fuel growth of the Indian Telecom sector, with mobile subscribers projected to grow at a CAGR of around 15% between 2009-10. Other segments of the industry such as Internet and broadband are also anticipated to witness huge growth rates in terms of both subscriber addition and network infrastructure deployment over the forecasted period.
The launch of advance telecom services like 3G and IPTV will also drive the growth in Indian telecom subscriber base over the forecasted period. Furthermore, mobile handset market also expected to register a robust growth in near future. Please find next the brief analysis.
Enjoy the reading. CVA