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Asia/Pacific Communications SPs Fixed-Line Services Forecast, 2024–2028

Publisher IDC
Published Sep 30, 2024
Length 13 Pages
SKU # IDC19213302

Description

Asia/Pacific Communications SPs Fixed-Line Services Forecast, 2024–2028


This IDC study examines the fixed-line services market in Asia/Pacific. It presents spending data from fixed voice and fixed data segments and highlights insights into the trends and performances in the region within a five-year forecast."In 2023, communications SPs generated around US$129.8 billion in revenue. IDC estimates the revenue to reach US$132.5 billion in 2024 and will continue to increase through 2028 at a 2.4% compound annual growth rate (CAGR) to reach US$146 billion. As for the Asia/Pacific fixed-line market, the demand stems from the need to support digital end-users, increased workloads due to cloud-based and AI-infused applications," says Swathi Arunaa, senior research analyst, IDC Asia/Pacific.

Table of Contents

13 Pages

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Embrace AI/ML for CX

Managed Connectivity Services

Enhanced Observability and Visibility

Market Forecast

Market Context

Drivers and Inhibitors

Drivers

Data-Driven Enterprises

Growth of Datacenter, Hyperscaler Regions, and Availability

Demand for Reliable Connectivity

Inhibitors

Propensity to Opt for Mobile Services

Low-Cost Content Services

Significant Market Developments

Connectivity to the Clouds

Declining Legacy Voice Services

Post Mergers and Acquisitions Consolidation

Changes from Prior Forecast

Market Definition

Methodology

Related Research

Pricing

Currency Rates
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