Monday, March 25, 2019
News
NEWS HOME
»
PRN INDIA
Customized Solutions and Innovative New Services Imperative for Growth in Mobile Services Market in Asia-Pacific, reports Frost & Sullivan
  SocialTwist Tell-a-Friend  
   

SINGAPORE, Jan. 9, 2019 /PRNewswire/ --  The next five years for the mobile services market in Asia-Pacific may see intense competition among Mobile Network Operators (MNOs) who are compelled to offer customized solutions and innovative new services. With 5G technology as a potential game changer in terms of services offered by MNOs, the importance of clear business strategies and sound execution cannot be understated.

The mobile telecommunications market in Asia-Pacific served 4.04 billion subscribers in 2017, and is expected to reach 4.58 billion by 2021, growing at a CAGR (2017–2021) of 3.1%.

Frost & Sullivan recently published a report titled Asia-Pacific Mobile Services Market, Forecast to 2021, which highlights three key trends in the mobile services market, namely:  

  • MNOs will strengthen their Information & Communication Technologies (ICT) services portfolio through Internet of Things (IoT) and eCommerce offerings
  • Increasing partnerships with IT service providers will strengthen their competencies in core IT services i.e. billing, cloud, IoT, Big Data and analytics
  • Outsourcing of tower assets and contact center services to third-party providers will continue, as part of MNOs' strategy to shift from a Capital Expenditure (CAPEX) to an Operating Expenditure (OPEX) model

"One of the key trends that is set to continue within the mobile services market is declining revenue in voice and messaging services, alongside strong growth in data revenue due to the proliferation of over-the-top (OTT) applications," said Mei Lee Quah, Industry Principal Analyst, Information & Communication Technologies Practice, Digital Transformation at Frost & Sullivan.

"The future of MNO revenue lies within digital services, a 'mobile-first' culture, technology as a differentiator, and customer experience. MNOs also need to start planning for 5G, as they need to take a comprehensive approach to the security challenges that new opportunities with 5G will open up," she added.

Frost & Sullivan's report, Asia-Pacific Mobile Services Market, Forecast to 2021, offers detailed analysis on growth opportunities for market participants in the mobile services market in Asia-Pacific, including:

  • Mobile Services: MNOs can tap into the enterprise segment to increase revenues through partnerships with enterprises in new businesses, such as IoT, AR/VR and Cloud.
  • 5G: Having a plan for 5G rollout in the near future by identifying a high-level vision followed by detailed strategic planning can reduce uncertainty and future reworks.

To learn more about Frost & Sullivan Asia-Pacific Mobile Services Market, Forecast to 2021, visit https://go.frost.com/AZ_PR_ICT_ZZukarnain_9ABE_36_MobileServices_Jan18

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:

Melissa Tan
Corporate Communications – Asia Pacific
P: +65 6890 0926
F: +65 6890 0999
E: melissa.tan@frost.com

http://ww2.frost.com

 

More News by PR Newswire India

Tejas Networks Appoints Two New Board of Directors - CB Bhave Appointed as Independent Director and Arnob Roy as Executive Director

Football for Friendship: Brazilian National Team Received Nine Values Cup

Oral semaglutide 7 mg and 14 mg doses showed superior reductions in blood sugar and weight compared to sitagliptin at 26 weeks in data presented at ENDO

New Boundaries: Hublot Launches the Official ICC Cricket World Cup 2019 Watch and Announces Cricketing Legend Kevin Pietersen as a New Friend of the Brand

Tejas Networks Appoints Two New Board of Directors - CB Bhave Appointed as Independent Director and Arnob Roy as Executive Director

Football for Friendship: Brazilian National Team Received Nine Values Cup

Oral semaglutide 7 mg and 14 mg doses showed superior reductions in blood sugar and weight compared to sitagliptin at 26 weeks in data presented at ENDO

New Boundaries: Hublot Launches the Official ICC Cricket World Cup 2019 Watch and Announces Cricketing Legend Kevin Pietersen as a New Friend of the Brand

New Boundaries: Hublot Launches the Official ICC Cricket World Cup 2019 Watch and Announces Cricketing Legend Kevin Pietersen as a New Friend of the Brand

Hublot and Ferrari Open a New Chapter in Their Collaboration With the Classic Fusion Ferrari GT Watch

Arçelik to Acquire Singer Bangladesh Operations for $75 Million

Frost & Sullivan Identifies 3 Innovative Tactics that Encourage Accessible Water for All

Legal Sea Foods partners with CP Foods on premium products

YuppTV Bags the Digital Broadcast Rights for VIVO IPL 2019 for Australia, Continental Europe, and South East Asia

Youth's Crushed Legs and Life Saved by Timely Treatment at Parvathy Hospital

Azure Power Puts Over 500 MWs of Solar Power Projects Into Operations in FY19

Global Poker League India's 6 City Teams Unveiled After Bootcamp

The Classic Fusion Ferrari GT Watch Opens a New and Innovative Chapter in the Partnership of Excellence Between Hublot and Ferrari

Aeronutrix's Sports Nutrition Brand Fast&Up Announced as the Official Energy Drink Partner for Procam International Running Events in India

Lear Invests in Israel-Based Maniv Mobility Venture Capital Fund

53rd Edition of the Shankar-Shad Mushaira Takes Place in Delhi

Global Digital Spending Touched $575 Bn in 2018 and is Expected to Grow to a Whopping $1.2 Tn by 2022: Says Zinnov

iPinYou Partners with Weibo to Provide a More Integrated Advertising Solution across Social and Programmatic Platforms

ColorTokens Named Next Gen Security Company of the Year at Cyber Defense Magazine 2019 InfoSec Awards

EcoEnergy Insights Recognized for Growth, Innovation and Leadership: Wins Prestigious Frost & Sullivan Best Practices Award

Malaysia's Sapura Group Announced as Host Operator for World-leading CCW Critical Communications Event

RemoteMyApp adopts IBM Cloud to scale multi-platform gaming service

Frost & Sullivan Identifies Motivators of Growth in the Global Battery Energy Storage Market

Now In The Fifth Year, FoodTrekking Awards Recognize Excellence & Innovation In Food Travel Experiences

Systech Partners With NW Solutions to Deliver Brand Protection Offerings

ThroughPut Welcomes Industrial, Automotive, Telecommunications and Technology Heavy-weights, Dr. Hagen Hultzsch and Robert Alpert, to its prestigious Board of Advisors

eCommerce Channels Find High Penetration for Drug and Medical Device Sales

P.I. Works Commended by Frost & Sullivan for the Exceptional Price-Performance Value of Its Automated Network Management and Capacity Planning Solution

VisualDx's Web-based Clinical Decision Support System Acknowledged by Frost & Sullivan as Best in Class

Visiopharm Earns Acclaim from Frost & Sullivan for Transforming Anatomic Pathology with its Cross-platform Software Solutions

Sasol Offers Support to Cyclone Idai Victims

Grundfos Earns Acclaim from Frost & Sullivan for its Innovation-driven Growth in the Water and Wastewater Pumps Market

China's First Digital Bank, WeBank, introduced the '3O' Paradigm of Open Banking at Money 20/20 Asia

Cognitec's Best-in-class Facial Recognition Solutions Honored by Frost & Sullivan

WENZEL Group Earns Acclaim from Frost & Sullivan for Disrupting the Coordinate Measurement Machine Market with Its SF 87 Shop Floor CMM

The Sunhak Peace Prize Committee is accepting nominations for the 4th Sunhak Peace Prize from March through May 2019

Research from XJTLU advances RNA modification mapping

Trina Solar rolls out four new series of modules, unleashes a new era of mass-produced high-output modules

Nexteer Recognized as Manufacturing Leadership Awards 2019 Winner for Enterprise Integration & Technology Leadership

Frost & Sullivan Recognizes Best-in-class Companies with Prestigious Industry Awards

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
TRS fields 32-year old youngster from Se...
Alliance partners will help winning Siva...
One more held in Gurugram mob attack cas...
#VoteKar: PM Modi tweets 16 times in hal...
Kamal Hassan not to contest polls...
Kanhaiya Kumar to contest from Begusarai...
More...    
 
 Top Stories
After RJP-N, FSF-N warns to quit Ol... 
Kamal Hassan not to contest polls... 
TRS fields 32-year old youngster fr... 
IPL 2019: Pant, bowlers help Delhi ... 
Alliance partners will help winning... 
One more held in Gurugram mob attac... 
Australia: Cyclone Veronica hits we... 
Naveen Patnaik announces nine more ...