Mobile communications services revenue in the Asia Pacific region will reach $346.1 billion in 2029 from $301.7 billion in 2024, increasing at a CAGR of 2.8 percent.
This growth in mobile communications services revenue in Asia Pacific is largely driven by the expansion of 5G networks and the increasing adoption of high-average revenue per user (ARPU) 5G services.
Developed telecom markets like Australia, China, Japan, Hong Kong, and South Korea have already launched 5G services, while countries such as Bangladesh and Sri Lanka are preparing for rollouts in 2025.
Operators in these emerging markets, including Grameenphone, Robi, Teletalk, Dialog, and Mobitel, have conducted 5G trials in major cities, setting the stage for broader adoption, GlobalData said in its recent report.
Government support is also playing a critical role in strengthening the 5G market, with regulatory bodies in countries like Australia, China, India, South Korea, Japan, and Taiwan implementing national strategies to drive 5G coverage and ecosystem development. These initiatives include public investment in 5G applications, favorable tax incentives, industry-government collaboration, and policies to enhance spectrum efficiency.
China is expected to maintain its position as the world’s largest 5G market, with 90 percent of its mobile subscriptions projected to be on 5G by 2029, fueled by telco investments and government efforts to expand coverage in rural and industrial areas.
The Ministry of Industry and Information Technology (MIIT) has reported the deployment of 4.19 million 5G base stations in 2024, with plans to increase the number to 4.5 million by the end of 2025.
The average monthly data usage in APAC is forecast to rise from 25.1GB in 2024 to 48.6GB in 2029, driven by the growing consumption of online video and social media content on smartphones, supported by data-centric service plans from mobile network operators (MNOs).
APAC remains at the forefront of the global 5G race, with South Korea, Japan, and China extending their focus beyond deployment to the broader 5G ecosystem, fostering IoT and machine-to-machine (M2M) opportunities in manufacturing and IT sectors.
However, while the mobile data segment continues to thrive, mobile voice service revenue is expected to decline at a CAGR of 5.7 percent as consumers increasingly shift toward OTT and internet-based communication services.
TelecomLead.com News Desk
