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According to a global information technology research and advisory firm, India will carry on with its its telecom growth with the sector's revenue to surge more than $30 billion by 2013.
US-based Gartner Inc stated that the total amount of India's mobile services revenue is envisioned to rise at a compound annual growth rate (CAGR) of 12.5 per cent within 2009-2013 to exceed $30 billion. Also by 2013, the telecom subscriber base has the probability of cross 770 million connections top grow at a CAGR of 14.3 percent from 452 million in 2009.
A senior research analyst at Gartner, Madhusudan Gupta emphasizes that, "The Indian mobile industry has now moved out of its hyper growth mode, but it will continue to grow at double-digit rates for next three years as operators focus on rural parts of the country". He also added that growth would also be activated by rise in adoption of value-added services, that are crucial to both urban and rural markets.
Gartner expects the mobile market penetration to increase to 63.5 per cent in 2013 from 38.7 per cent in 2009. This in turn is dependent on factors like entry of consumer durable, increased focus on the rural market, cheaper handsets and electronic companies into the mobile handset segment.
The total number of people with prepaid connections, who accounted for 93 per cent of the subscriber base in 2008, will gradually exceed to 96 per cent by 2013, surmounting 740 million. While the postpaid subscriber base will exceed 29 million subscribers by 2013, rising 2.5 per cent from 2008, according to Gartner.
The rate at which a subscriber switches from one operator to another (termed as the churn rate) is predicted to cross from present 53 percent to 59 per cent in 2013. IANS, The Times of India
June 19, 2009
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