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Follow UsThis has been revealed by CMR’s 2-part study of the India ICT Industry titled “India IT, ITeS and Telecom Services and Mobile Handsets Industry MarketView 2011”.
Of this revenue, the telecom services (including mobile and fixed line services) will contribute Rs 2,05,454 crore (USD 45 billion) in 2012. The India mobile handsets market, that includes featurephones and smartphones, will grow at over 30 per cent during 2012 (over 2011) to touch revenues of Rs 83,377 crore (USD 18 billion), CMR said.
To touch Rs. 3,77,683 cr revenues in 5 years
The study also said the boom in telecom industry is set to continue in the coming years, and the industry is likely to register 15.8 per cent annual revenue growth over the next five years to touch revenues of Rs 3,77,683 crore or USD 82 billion, it added.
“Telecom growth story will be a function of the enhanced demand for high-speed broadband and data services from both enterprises and consumers,” said Anirban Banerjee, the associate vice president of CyberMedia Research.
The growth in the India domestic mobile handsets market will be fuelled by a more than 150 per cent increment in the value of feature phones and smartphones shipped, from Rs 50,714 crore in 2010 to Rs 1,28,729 crore in 2014.
The study also said the India telecom services sector may see policy changes that could result in market consolidation over the next few quarters.
According to CMR, the major growth drivers for the telecom services segments would be the launch and roll-out of 3G and BWA / WiMax / LTE services and the consequent growth in usage of high-speed broadband, VAS and data services.
Establishment of 3G and BWA (WiMax and Long Term Evolution or LTE) will have a positive impact on the India market; however, broadband content will remain in early stages of development through 2011, added CMR.
In terms of broadband content, 2011 will witness early stages of development. However, as WiMax / LTE services gain in popularity, content creation and mobile application development will witness increased focus by vendors, developers and service providers looking to build their own portfolio of unique 'apps'.
Also, mobile handsets segment will witness a high growth rate of 26.2 per cent CAGR over the period 2010-2014 to touch Rs. 1,28,729 crore in 2014.
Smartphone market to grow to over 10 mn units in 2011
The study said the smartphones market in India is expected grow to over 10 million units in 2011 from 6 million units in 2010. The Android Operating System will continue to gain acceptance as a mobile operating system (OS) and 12 per cent of all smartphones shipped in India during 2011 are expected to be based on the Android platform.
"Going forward these devices will become as powerful as present day laptops", adds Naveen Mishra, Lead Analyst, Telecoms Practice, CyberMedia Research