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Emerging Telecoms Markets To Fuel Industry Growth

Emerging Telecoms Markets To Fuel Industry Growth

Undeveloped technology markets will fuel further growth in the telephone industry over the next few years, according to a report from a UK based telecoms research group.

As many of the world’s early adopters of mobile telephones, such as Western Europe and North America, reach saturation, areas such as Africa and Latin America look set to to be key driver regions, says Chorleywood.

As the market dries up in the developed areas, telecoms operators will have to look at launching new services in the emerging markets to continue generating the level of new business they have been used to.

Andy Bairston, principal analyst said: “Looking at where the growth has come from in terms of sales for BCC [billing and customer care] solutions (see chart below) we see that it is clearly rooted in the emerging markets. Indeed, where contract announcements have dropped off in North American and Wester Europe (a fall of 27% between 2001 and 2003) total contract announcements in the emerging markets have infact increased by the same percentage in that same two-year period.”

BCC Contracts Announced By Region             
         
  2000  2001  2002  2003 
Africa 10 8 11 29
Eastern Europe 12 26 31 25
Middle East 5 9 8 10
Asia Pacific 39 61 70 54
Latin America 25 27 44 50
Emerging Markets Total  91  131  164  168 
         
Western Europe 109 166 102 97
North America 190 148 125 131
Developed Markets Total  299  314  227  228 
         
Source: Chorleywood 

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