The Asia-Pacific telecom equipment market will continue to grow robustly, from $43 billion in 2005 to $47 billion in 2007, a report from research firm In-Stat said.
The expansion of all types of networks in China and India, the accelerating deployment of high-speed Internet access networks in Japan, South Korea and other developed country markets, as well as the implementation and extension of 3G wireless networks throughout Asia Pacific, are all driving the regional equipment market, the firm said
'As competition will intensify in the marketplace, equipment vendors will have to differentiate themselves to win projects by excelling in a focused product area or providing comprehensive choices and end-to-end solutions,' said Victor Liu, In-Stat analyst. 'Market consolidation is expected to happen among service providers in weaker positions.'
The report also said India will have the fastest CAGR at close to 10%, for 2005-2007.
Meanwhile, the report also said in 2005, Ericsson was the top wireless equipment vendor, Cisco won the war for data networks, Alcatel sold the most Internet access equipment, while Huawei kept its leading position on transport systems.