By Telecom Lead Team: Asia-Pacific is expected to maintain its position as the
leading market in the telecom equipment industry through 2015, accounting for
the highest capital expenditure, mainly driven by the rapid migration from 2G
to 3G and rising LTE penetration.
Global telecom
equipment market is expected to be driven by the increasing transition from
copper wire to fiber optics, particularly in the broadband segment and the
deployment of LTE networks in many developing markets of the world.
Developing
markets such as Asia-Pacific and Latin America present tremendous opportunities
for mobile communications sector in the short to medium term period, given the
huge investments the markets have been witnessing in developing their mobile
communications infrastructure, , according to Global Industry Analysts.
The study
finds that the global telecom equipment industry will gather renewed momentum,
as network upgrades, growing penetration of mobile phones and rising usage of
Internet and broadband across the world are rapidly changing market dynamics.
The increasing
growth of broadband, Internet, VAS and cloud computing services that is
straining networks and forcing operators to make big time investments, is
spurring demand for a wide range of telecom equipment.
With rising
affordability, customers are shifting from wireline to wireless services and
are increasingly adopting the latest technologies available in the market.
However, the
study found that wireline voice segment is following a downward trend.
Additionally,
triple-play’ services, comprising the convergence of Internet, phone and
television signal on a single wire, is also paving the path for plentiful gains
in the telecom equipment sector worldwide.
Recently,
Gartner said that worldwide telecom equipment spending will reach $475 billion,
with revenue increasing 6.9 percent in 2012.
On the other
hand, telecom services spending are projected at $1,740 billion and will see a
growth of 2.3 percent in 2012.
